Gibraltar - Gibraltar Pound - Currency Guide

This is a currency guide to Gibraltar, the Gibraltar Pound currency plus sending (GIP) transfers and travel tips for Gibraltar.

 
 
CountryGibraltar
FlagGibraltar
Country CodeGI
Domestic Currency Gibraltar Pound
Currency Symbol£
Currency CodeGIP
Exchange RateUSD/GIP = 0.7719
Telephone Prefix+350

Quick Conversions from US Dollar to Gibraltar Pound

USD

GIP

U$ 1
£ 0.7719
U$ 5
£ 3.8595
U$ 10
£ 7.7190
U$ 20
£ 15.44
U$ 50
£ 38.60
U$ 100
£ 77.19
U$ 250
£ 192.98
U$ 500
£ 385.95
U$ 1,000
£ 771.90
U$ 2,000
£ 1,544
U$ 5,000
£ 3,860
U$ 10,000
£ 7,719
U$ 50,000
£ 38,595
U$ 100,000
£ 77,190
More amounts

USD

GIP

U$ 1.2955
£ 1
U$ 6.4775
£ 5
U$ 12.96
£ 10
U$ 25.91
£ 20
U$ 64.78
£ 50
U$ 129.55
£ 100
U$ 323.88
£ 250
U$ 647.75
£ 500
U$ 1,296
£ 1,000
U$ 2,591
£ 2,000
U$ 6,478
£ 5,000
U$ 12,955
£ 10,000
U$ 64,775
£ 50,000
U$ 129,550
£ 100,000
More amounts

To calculate specific USD/GIP amounts use our Convert USD to GIP quick calculator.

Gibraltar Currency Info


Frequently Asked Questions


What currency should I use in Gibraltar?

The domestic currency in Gibraltar is the Gibraltar Pound.

What is the Gibraltar Pound currency code and symbol?

The three letter currency code for the Gibraltar Pound is GIP — symbol is £.

How much is U$100 US Dollars in Gibraltar Pound?

U$ 100 converts to £ 77.19

Which countries use the Gibraltar Pound?

It is the domestic currency in Gibraltar.

Is the Gibraltar Pound a closed currency?

No, the Gibraltar Pound is freely available and convertible. See guide: What is a closed currency?


Gibraltar Pound (GIP) in the markets

The interactive chart below shows the USD to GIP exchange rate and trend for the previous 3 months:

ALERT: 1-DAY ▼ 0.6% 🔔 |
USD/GIP at 0.7716 was trading 0.5% above the 90-day average 0.7679 with a range 0.7493 to 0.7823. ALERT: USD/GIP is DOWN 0.6% for 1-DAY.
21-Feb 5PM-NY 10PM-LON | 22-Feb 9AM-SYD

Travel, Currency and Money saving tips for Gibraltar

Gibraltar is a British Overseas Territory, in the form of a small rocky peninsula on the south coast of Spain. It is recognised historically as the southernmost point of Europe and is also strategically positioned at the western end of the Mediterranean, forming one of the ancient Pillars of Hercules. The famous rock, in the rock of Gibraltar, is predominantly Jurassic limestone, some 200 million years old. Apart from the rock, Gibraltar is famed for its VAT-free shopping. Branded sunglasses, perfumes, tobacco, spirits, crystal and porcelain are amongst some of the coveted deals to be had here.

What language is spoken in Gibraltar?

English is the official language here though Spanish is widely spoken. An unusual, unofficial dialect has evolved , called 'Yanito' which is a blend of English, Spanish, and Italian and is widely spoken amongst the locals. One feature of the language is the pronunciation of English words with a Spanish intonation.

Gibraltar Government sterling is the official currency, though UK sterling is equally welcome and considered on par. Most places will also accept Euros and dollars. Credit cards are widely accepted and ATMs prevalent.

Are passports needed for Gibraltar?

Gibraltar is a member of the European Union, however it is not part of the Schengen Area or EU Customs Union. This means that there are immigration and customs controls when entering and leaving Gibraltar. Citizens of the European Union are required to have a national identity card or passport, while all others are required to have a passport to enter.

Driving across the border can be a long waiting process, and there are often people trying to sell you many things (including visas you don’t need) as you wait. Taxis can be expensive once you get to Gibraltar, but the peninsula is only seven miles long, and parking your car at La Línea and walking across the border can save you lots of time. There is no train service to Gibraltar, but a connection by bus from Algeciras train station to La Linea or a taxi is possible. Buses from Spain stop just short of Gibraltar in La Línea, but its bus station is only a three minute walk to the border.

 

Travel money for Gibraltar

Save money and time by Ordering your Gibraltar Pound online from Travelex, you get better rates and can pick up the GIP cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Gibraltar Pound otherwise you may get much worst exchange rates.

 

Gibraltar Trip Checklist    

 
  1. Compare GIP travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Gibraltar
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Gibraltar

When searching around for information on how to get a good exchange rate when sending money to Gibraltar you need to start with finding out the latest Gibraltar Pound foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Gibraltar

When sending money to Gibraltar it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Gibraltar Pound amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted GIP amount will be transfered to the recipient account you specify in Gibraltar.

Use our Send to Gibraltar Pound calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Gibraltar Pound deposited into the recipient bank account and less margins and fees kept by the banks!

 

Bank Transfers to Gibraltar

Compare Transfer Rates

Gibraltar Pound to US Dollar - Historical Rates

PeriodGIP/USDDate
1 Day1.305216 Feb 2020
7 Day1.291610 Feb 2020
30 Day1.301618 Jan 2020
3 Month1.292819 Nov 2019
1 Year1.290417 Feb 2019
5 Year1.544218 Feb 2015
10 Year1.539219 Feb 2010

Gibraltar Pound to Euro - Historical Rates

PeriodGIP/EURDate
1 Day1.203916 Feb 2020
7 Day1.183910 Feb 2020
30 Day1.173518 Jan 2020
3 Month1.167019 Nov 2019
1 Year1.142517 Feb 2019
5 Year1.354218 Feb 2015
10 Year1.134819 Feb 2010

Gibraltar Pound to Pound Sterling - 10 Year History

PeriodGIP/GBPDate
1 Day1.000016 Feb 2020
7 Day1.000010 Feb 2020
30 Day1.000018 Jan 2020
3 Month1.000019 Nov 2019
1 Year1.000017 Feb 2019
5 Year1.000018 Feb 2015
10 Year0.997619 Feb 2010

Gibraltar Pound to Australian Dollar - Historical Rates

PeriodGIP/AUDDate
1 Day1.940616 Feb 2020
7 Day1.930810 Feb 2020
30 Day1.893518 Jan 2020
3 Month1.894219 Nov 2019
1 Year1.806317 Feb 2019
5 Year1.976218 Feb 2015
10 Year1.720019 Feb 2010

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