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The Gibraltar Pound (GIP) is the official currency of Gibraltar, a British Overseas Territory located at the southern tip of the Iberian Peninsula. It is pegged to the British Pound Sterling (GBP) at par, meaning one Gibraltar Pound is equal to one British Pound. The GIP is primarily used for everyday transactions within Gibraltar, although the British Pound is also accepted widely.
The Costa Rican Colón (CRC) is the official currency of Costa Rica, symbolized by '₡'. It is subdivided into 100 centimos and plays a crucial role in facilitating daily transactions, both large and small, within the country, as well as serving as a medium for international exchanges.