Convert Gibraltar Pound to Sierra Leonean Leone
Please provide values below to convert Gibraltar Pound [GIP] to Sierra Leonean Leone [SLL], or Convert Sierra Leonean Leone to Gibraltar Pound.
How to Convert Gibraltar Pound to Sierra Leonean Leone
1 GIP = 3.27753132957798e-05 SLL
Example: convert 15 GIP to SLL:
15 GIP = 15 × 3.27753132957798e-05 SLL = 0.000491629699436697 SLL
Gibraltar Pound to Sierra Leonean Leone Conversion Table
| Gibraltar Pound | Sierra Leonean Leone |
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Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.
Sierra Leonean Leone
The Sierra Leonean Leone (SLL) is the official currency of Sierra Leone, used for everyday transactions within the country.
History/Origin
Introduced in 1964, replacing the British West African pound, the Leone has undergone several redenominations and inflation adjustments over the years to stabilize the economy.
Current Use
The Leone is actively used in Sierra Leone for all monetary transactions, with coins and banknotes issued by the Bank of Sierra Leone, and it is also used in currency exchange and financial markets.