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Gibraltar Pound (GIP) historical rate to US Dollar (USD)

The GIP/USD pair shows how many US dollars one Gibraltar pound buys, reflecting the Gibraltar pound's peg to the British pound and the US dollar's global role.

Daily observations
23
within the available range
Source
Market
api.forex
Method

How to read GIP/USD history

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Days without a quotation are not interpolated: the series keeps only observations that were actually received.

Use cases

Travel, transfer and analysis

Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.

Minimum 1,32961044
Maximum 1,36351243
Average 1,34492965
Total change -0.35%
Daily observations

Dated GIP/USD rates

Couverture du au , en UTC.

Convert GIP/USD
Date UTC Rate Change Nature
1,34318338 -0.50% Market
1,34989197 +0.65% Market
1,34120174 -0.42% Market
1,34680133 +0.75% Market
1,33671972 +0.53% Market
1,32961044 -0.05% Market
1,33031797 -0.28% Market
1,33404484 +0.09% Market
1,33280023 +0.04% Market
1,33226755 -0.43% Market
1,33797166 -0.03% Market
1,33832974 -0.35% Market
1,34300296 -0.16% Market
1,34517088 +0.04% Market
1,34462816 -0.27% Market
1,34825402 -0.43% Market
1,35409614 -0.38% Market
1,35924967 +0.14% Market
1,35740465 +0.11% Market
1,35593218 -0.56% Market
1,36351243 +0.18% Market
1,36109972 +0.98% Market
1,3478905 Market
Editorial analysis

Understanding the GIP/USD pair

The GIP/USD exchange rate indicates the value of the Gibraltar pound (GIP) against the US dollar (USD). As a directed pair, it shows how many US dollars are needed to purchase one Gibraltar pound. This rate is primarily used by individuals and businesses engaged in trade, tourism, or investment between Gibraltar and the United States. An appreciation of the GIP means that the Gibraltar pound strengthens relative to the dollar, making Gibraltarian goods more expensive for US buyers but reducing the cost of US imports for Gibraltar.

The Gibraltar pound is pegged to the British pound sterling at par, meaning its value is directly tied to the GBP. Consequently, GIP/USD is heavily influenced by the monetary policy of the Bank of England (BoE) and the economic conditions of the United Kingdom. On the other side, the US dollar is managed by the Federal Reserve, which sets interest rates and conducts monetary policy to achieve its dual mandate of price stability and maximum employment. Key drivers include interest rate differentials between the BoE and the Fed, inflation rates in the UK and US, economic growth, trade balances, and global risk sentiment. As a small open economy, Gibraltar's financial services and tourism sectors also play a role, but the peg to the GBP remains the dominant factor.

Over recent years, GIP/USD has largely mirrored the performance of GBP/USD. The pair experienced heightened volatility during periods of Brexit uncertainty, the COVID-19 pandemic, and shifts in global monetary policy. The peg to the GBP means that any significant movement in GBP/USD directly translates to GIP/USD. Without specific historical data, it is important to note that the pair's trajectory is shaped by the relative strength of the UK and US economies, with the Gibraltar pound effectively tracking the British pound's fluctuations against the dollar.

This analysis is provided for information only and is neither a forecast nor financial advice.

Method

Compare two dates

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Source

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

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