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Easily convert UGX to GIP with ConvertOnline's efficient tool.
The Ugandan Shilling (UGX) is the official currency of Uganda, introduced in 1987 to replace the Uganda pound. It is subdivided into 100 cents and is issued by the Bank of Uganda, which plays a crucial role in managing the country's monetary policy and ensuring the stability of the currency.
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.