Gibraltar Pound to US Dollar

The Gibraltar pound (sign £, code GIP) is a sovereign currency of Gibraltar. The currency is also known as the livre. It is used along with the British pound sterling at par.

Pennies are used as change for the Gibraltar pound. One GIP has 100 pennies. The currency became the main payment unit in 1898. Every 2 years, the Gibraltar’s Mint manufactures a 2-pound coin with a new design. There are coins telling a story of a well-known myth – 12 labors of Heracles.

American dollar, the US dollar (international symbol: $, code: 840, bank code: USD) is the official currency of the United States of America since 1861. The name comes from the modified word "thaler "- a German ancient coin. It is the main currency of the USA, El Salvador, the Marshall Islands.

It has replaced the national currency in Zimbabwe. The US dollar is one of the main reserve currencies in the world.Depending on denomination, the banknotes bear on the front side portraits of the statesmen - Washington, Lincoln, Jackson, Jefferson, Franklin, and on the reverse - historical monuments such as the Capitol, the White House or the Treasury.