The pound (ISO 4217 currency code: GIP) is nominally the currency of Gibraltar. Initially, British currency circulated, supplemented by the real between 1842 and 1861. Since 1927, Gibraltar has issued its own banknotes and, since 1988, its own coins, although British coins and banknotes continue to circulate and are widely accepted; Euros are also accepted by most of the high-street stores. Gibraltar decimalised in 1971 at the same time as the UK. Gibraltar notes are not legal tender in the UK, but are exchangable 1:1 for British notes. The one pound coin is the same weight, size and colour as UK one pound coins.

Currencies of Europe | Currencies of the United Kingdom | Gibraltar

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