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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 Peruvian Sol (PEN) is the official currency of Peru, introduced in 1991 to replace the previous currency, the inti. It is issued by the Central Reserve Bank of Peru and is subdivided into 100 céntimos, functioning as a medium of exchange for goods and services within the country.