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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 Kuwaiti Dinar (KWD) is the official currency of Kuwait and is known for being one of the highest-valued currencies in the world. It is subdivided into 1,000 fils and is used primarily for domestic transactions and trade, as well as being an important currency in the Gulf region.