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Easily convert GIP to IRR with ConvertOnline's efficient tool.
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 Iranian Rial (IRR) is the official currency of Iran, used for all transactions within the country. It is subdivided into smaller units called 'dinar,' although the dinar is rarely used in practice due to the high inflation and devaluation of the rial over the years.