Gibraltar pound

Gibraltar pound
ISO 4217
CodeGIP (numeric: 292)
Subunit0.01
Unit
PluralPounds
Symbol£
Denominations
Subunit
1100Penny
Plural
PennyPence
Symbol
Pennyp
Banknotes
Freq. used£5, £10, £20, £50
Rarely used£100
Coins1p, 2p, 5p, 10p, 20p, 50p,
£1, £2, £5
Demographics
Official user(s) Gibraltar (alongside sterling)
Unofficial user(s) La Línea, Spain (local businesses)
Issuance
Currency boardCommissioner of Currency of Gibraltar
Websitewww.gibraltar.gov.gi
Valuation
Inflation2.0% (2013 est.)
Source
Pegged withsterling at par

The pound (sign: £; ISO code: GIP) is the currency of Gibraltar. It is pegged to – and exchangeable with – British pound sterling at par value. Coins and banknotes of the Gibraltar pound are issued by the Government of Gibraltar.