Convert Cambodian Riel to Gibraltar Pound
Please provide values below to convert Cambodian Riel [KHR] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Cambodian Riel.
How to Convert Cambodian Riel to Gibraltar Pound
1 KHR = 5423.52195056058 GIP
Example: convert 15 KHR to GIP:
15 KHR = 15 × 5423.52195056058 GIP = 81352.8292584088 GIP
Cambodian Riel to Gibraltar Pound Conversion Table
| Cambodian Riel | Gibraltar Pound |
|---|
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.
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.