1 VES to GIP Gibraltar Pound

December 20, 2022 by pkr_to_usd_786

1 VES to GIP Gibraltar Pound
Venezuela Bolvar , The bolvar [boli.a] is the official currency of Venezuela. Named after the hero of Latin American independence Simn Bolvar, it was introduce … >>> Find out more from wikipedia. category >>> VES

1 VES to GIP Gibraltar Pound

1 Venezuelan Bolívar ( VES ) = 0.024135101517827 Gibraltar Pound (GIP)

1 VES = 0.024135101517827 GIP

1 GIP = 41.433428372421 VES

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1 Venezuelan Bolívar ( VES ) Is equal to 0.024135101517827 Gibraltar Pound (GIP)
Venezuela Bolívar
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Venezuelan Bolívar

Venezuela Bolívar , The bolívar [boˈli.β̞aɾ] is the official currency of Venezuela. Named after the hero of Latin American independence Simón Bolívar, it was introduced following the monetary reform in 1879, before which the venezolano was circulating. Due to its decade-long reliance on silver and gold standards, and then on a peg to the United States dollar, it was considered among the most stable currencies and was internationally accepted until 1964, when the government decided to adopt a floating exchange rate instead. Since 1983, the currency has experienced a prolonged period of high inflation, losing value almost 500-fold against the US dollar in the process. The depreciation became manageable in mid-2000s, but it still stayed in double digits. It was then, on 1 January 2008, that the hard bolívar (bolívar fuerte in Spanish, sign: Bs.F, code: VEF) replaced the original bolívar (sign: Bs; code: VEB) at a rate of Bs.F 1 to Bs. 1,000 (the abbreviation Bs. is due to the first and the final letters of the plural form of the currency's name, bolívares). The value of the hard bolívar, pegged to the US dollar, did not stay stable for long despite attempts to institute capital controls. Venezuela entered another period of abnormally high inflation in 2012, which the country hasn't exited since. The central bank stuck to the pegged subsidised exchange rate until January 2018, which was overpriced so people began using parallel exchange rates despite a ban on publishing them. From 2016 to 2019 and again in 2020, the currency experienced hyperinflation for a total period of 38 months. The rampant inflation prompted two redenominations. The first occurred in August 2018, when Bs.F 100,000 were exchanged for 1 sovereign bolívar (bolívar soberano in Spanish, sign: Bs.S, code: VES), and another one happened on 1 October 2021, but called "Nueva expresión monetaria" or new monetary expression, which removes 6 zeros from the currency without affecting its denomination but did introduce a new ISO code [a] at a rate of Bs.S 1,000,000 = Bs.D 1, thus making Bs.D 1 worth Bs. 100,000,000,000,000 (1014, or Bs. 100 trillion in short scale) Both currencies are in circulation, though the economy has undergone extensive currency substitution, so the majority of transactions happen in US dollars, or, to a lesser extent, the Colombian peso. Find out more from wikipedia

Gibraltar Pound

Gibraltar Pound ,The Gibraltar Pound is issued by the Government of Gibraltar under the Currency Notes Act 1934. Its treasury contains coins of £1, £2, £5, 1p, 2p, 5p, 10p, 20p and 50p. It prints £5, £10, £20, £50 and £100 banknotes. Circulating banknotes and coins use British names but have different designs. They are only accepted in Gibraltar. GIP is not recognized in the UK, although it can be exchanged for British pound sterling banknotes at a one-to-one ratio. However, British coins and notes issued by the Bank of England are legal tender in Gibraltar. Most retail shops in Gibraltar also unofficially accept euros (although the Royal Gibraltar Post Office does not). Gibraltar introduced decimalization of its currency in 1971, like the United Kingdom, replacing the 1 pound = 20 shillings = 240 pence system with the (new) 1 pound = 100 pence system. The Economy of Gibraltar Located in the south of the Iberian Peninsula, Gibraltar is officially a British overseas territory. Gibraltar's economy was dominated by the British military, and its naval yard has historically been a center of economic activity. However, over the past few decades, military activity and business has declined, from 60% in 1984 to about 7% today. 1 Gibraltar's economy is currently based on financial services, online gaming, navigation and tourism. The country remains an important port in the Mediterranean, and bunkering - the provision of fuel to ships - is another important industry. History of the Gibraltar Pound From 1825 to 1872 the currency situation in Gibraltar was complex, with a system based on the Spanish real de plata which included British, Spanish and Gibraltar coins. The real was valued at four shillings four pence (equivalent to 21.67 pence today) to the pound to one Spanish dollar. However, in 1872 Spanish currency became the only legal tender in the country. Then, in 1898, due to the Spanish-American War, the value of the Spanish currency collapsed. As a result, the pound was introduced as the official coin of the kingdom – initially in the form of British coins and banknotes, although Spanish money continued to circulate. Gibraltar began issuing its own banknotes in 1927 - the official birth of the Gibraltar pound - and its own coins in 1988. Coins were 1p, 2p, 5p, 10p, 20p and 50p as well as 1p coins with unique designs. and country name. In 2011, the Government of Gibraltar assumed sole responsibility for the design, printing and production of banknotes, taking over duties previously held by the British Government. In 2016 the Government of Gibraltar issued a new £100 note. The note featuring Sir Joshua Hassan, Gibraltar's first Prime Minister and architect of the territory's self-government, was the world's first Safeguard polymer-backed holographic foil note. 2 Gibraltar currency issues In 1975, the £10 and £20 notes were introduced, followed by the £50 note in 1986. New series of banknotes were issued in 1995 and 2010-11. Two pound coins were introduced in 1999. Since its release, the £2 coin has been redesigned each year to depict each of the 12 labors of Hercules. In 2004, the Government of Gibraltar produced a new series of its own coins to commemorate the centenary of British Gibraltar (1704-2004). In 2010, a new £5 coin was issued with the inscription "Elizabeth II • Queen of Gibraltar".
Find out more from wikipedia

Convertion Chart VES to GIP
VES		GIP


5 VES	=	0.1207 GIP
10 VES	=	0.2414 GIP
15 VES	=	0.362 GIP
20 VES	=	0.4827 GIP
25 VES	=	0.6034 GIP
30 VES	=	0.7241 GIP
35 VES	=	0.8447 GIP
40 VES	=	0.9654 GIP
45 VES	=	1.0861 GIP
50 VES	=	1.2068 GIP
55 VES	=	1.3274 GIP
60 VES	=	1.4481 GIP
65 VES	=	1.5688 GIP
70 VES	=	1.6895 GIP
75 VES	=	1.8101 GIP
80 VES	=	1.9308 GIP
85 VES	=	2.0515 GIP
90 VES	=	2.1722 GIP
95 VES	=	2.2928 GIP
100 VES	=	2.4135 GIP
105 VES	=	2.5342 GIP
110 VES	=	2.6549 GIP
115 VES	=	2.7755 GIP
120 VES	=	2.8962 GIP
125 VES	=	3.0169 GIP
130 VES	=	3.1376 GIP
135 VES	=	3.2582 GIP
140 VES	=	3.3789 GIP
145 VES	=	3.4996 GIP
150 VES	=	3.6203 GIP
155 VES	=	3.7409 GIP
160 VES	=	3.8616 GIP
165 VES	=	3.9823 GIP
170 VES	=	4.103 GIP
175 VES	=	4.2236 GIP
180 VES	=	4.3443 GIP
185 VES	=	4.465 GIP
190 VES	=	4.5857 GIP
195 VES	=	4.7063 GIP
200 VES	=	4.827 GIP
205 VES	=	4.9477 GIP
210 VES	=	5.0684 GIP
215 VES	=	5.189 GIP
220 VES	=	5.3097 GIP
225 VES	=	5.4304 GIP
230 VES	=	5.5511 GIP
235 VES	=	5.6717 GIP
240 VES	=	5.7924 GIP
245 VES	=	5.9131 GIP
250 VES	=	6.0338 GIP
255 VES	=	6.1545 GIP
260 VES	=	6.2751 GIP
265 VES	=	6.3958 GIP
270 VES	=	6.5165 GIP
275 VES	=	6.6372 GIP
280 VES	=	6.7578 GIP
285 VES	=	6.8785 GIP
290 VES	=	6.9992 GIP
295 VES	=	7.1199 GIP
300 VES	=	7.2405 GIP
305 VES	=	7.3612 GIP
310 VES	=	7.4819 GIP
315 VES	=	7.6026 GIP
320 VES	=	7.7232 GIP
325 VES	=	7.8439 GIP
330 VES	=	7.9646 GIP
335 VES	=	8.0853 GIP
340 VES	=	8.2059 GIP
345 VES	=	8.3266 GIP
350 VES	=	8.4473 GIP
355 VES	=	8.568 GIP
360 VES	=	8.6886 GIP
365 VES	=	8.8093 GIP
370 VES	=	8.93 GIP
375 VES	=	9.0507 GIP
380 VES	=	9.1713 GIP
385 VES	=	9.292 GIP
390 VES	=	9.4127 GIP
395 VES	=	9.5334 GIP
400 VES	=	9.654 GIP
405 VES	=	9.7747 GIP
410 VES	=	9.8954 GIP
415 VES	=	10.0161 GIP
420 VES	=	10.1367 GIP
425 VES	=	10.2574 GIP
430 VES	=	10.3781 GIP
435 VES	=	10.4988 GIP
440 VES	=	10.6194 GIP
445 VES	=	10.7401 GIP
450 VES	=	10.8608 GIP
455 VES	=	10.9815 GIP
460 VES	=	11.1021 GIP
465 VES	=	11.2228 GIP
470 VES	=	11.3435 GIP
475 VES	=	11.4642 GIP
480 VES	=	11.5848 GIP
485 VES	=	11.7055 GIP
490 VES	=	11.8262 GIP
495 VES	=	11.9469 GIP
500 VES	=	12.0676 GIP

Convertion Chart GIP to VES
Gibraltar Pound		VES


5 GIP	=	207.1671 VES
10 GIP	=	414.3343 VES
15 GIP	=	621.5014 VES
20 GIP	=	828.6686 VES
25 GIP	=	1035.8357 VES
30 GIP	=	1243.0029 VES
35 GIP	=	1450.17 VES
40 GIP	=	1657.3371 VES
45 GIP	=	1864.5043 VES
50 GIP	=	2071.6714 VES
55 GIP	=	2278.8386 VES
60 GIP	=	2486.0057 VES
65 GIP	=	2693.1728 VES
70 GIP	=	2900.34 VES
75 GIP	=	3107.5071 VES
80 GIP	=	3314.6743 VES
85 GIP	=	3521.8414 VES
90 GIP	=	3729.0086 VES
95 GIP	=	3936.1757 VES
100 GIP	=	4143.3428 VES
105 GIP	=	4350.51 VES
110 GIP	=	4557.6771 VES
115 GIP	=	4764.8443 VES
120 GIP	=	4972.0114 VES
125 GIP	=	5179.1785 VES
130 GIP	=	5386.3457 VES
135 GIP	=	5593.5128 VES
140 GIP	=	5800.68 VES
145 GIP	=	6007.8471 VES
150 GIP	=	6215.0143 VES
155 GIP	=	6422.1814 VES
160 GIP	=	6629.3485 VES
165 GIP	=	6836.5157 VES
170 GIP	=	7043.6828 VES
175 GIP	=	7250.85 VES
180 GIP	=	7458.0171 VES
185 GIP	=	7665.1842 VES
190 GIP	=	7872.3514 VES
195 GIP	=	8079.5185 VES
200 GIP	=	8286.6857 VES
205 GIP	=	8493.8528 VES
210 GIP	=	8701.02 VES
215 GIP	=	8908.1871 VES
220 GIP	=	9115.3542 VES
225 GIP	=	9322.5214 VES
230 GIP	=	9529.6885 VES
235 GIP	=	9736.8557 VES
240 GIP	=	9944.0228 VES
245 GIP	=	10151.19 VES
250 GIP	=	10358.3571 VES
255 GIP	=	10565.5242 VES
260 GIP	=	10772.6914 VES
265 GIP	=	10979.8585 VES
270 GIP	=	11187.0257 VES
275 GIP	=	11394.1928 VES
280 GIP	=	11601.3599 VES
285 GIP	=	11808.5271 VES
290 GIP	=	12015.6942 VES
295 GIP	=	12222.8614 VES
300 GIP	=	12430.0285 VES
305 GIP	=	12637.1957 VES
310 GIP	=	12844.3628 VES
315 GIP	=	13051.5299 VES
320 GIP	=	13258.6971 VES
325 GIP	=	13465.8642 VES
330 GIP	=	13673.0314 VES
335 GIP	=	13880.1985 VES
340 GIP	=	14087.3656 VES
345 GIP	=	14294.5328 VES
350 GIP	=	14501.6999 VES
355 GIP	=	14708.8671 VES
360 GIP	=	14916.0342 VES
365 GIP	=	15123.2014 VES
370 GIP	=	15330.3685 VES
375 GIP	=	15537.5356 VES
380 GIP	=	15744.7028 VES
385 GIP	=	15951.8699 VES
390 GIP	=	16159.0371 VES
395 GIP	=	16366.2042 VES
400 GIP	=	16573.3713 VES
405 GIP	=	16780.5385 VES
410 GIP	=	16987.7056 VES
415 GIP	=	17194.8728 VES
420 GIP	=	17402.0399 VES
425 GIP	=	17609.2071 VES
430 GIP	=	17816.3742 VES
435 GIP	=	18023.5413 VES
440 GIP	=	18230.7085 VES
445 GIP	=	18437.8756 VES
450 GIP	=	18645.0428 VES
455 GIP	=	18852.2099 VES
460 GIP	=	19059.3771 VES
465 GIP	=	19266.5442 VES
470 GIP	=	19473.7113 VES
475 GIP	=	19680.8785 VES
480 GIP	=	19888.0456 VES
485 GIP	=	20095.2128 VES
490 GIP	=	20302.3799 VES
495 GIP	=	20509.547 VES
500 GIP	=	20716.7142 VES