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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 Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, introduced in 1975 to replace the Australian dollar. It is subdivided into 100 toea, and its name reflects the rich cultural heritage of the country, with 'kina' derived from a local shell used as currency in the past.