The official currency is the Gibraltar Pound (GIP), which is divided into 100 new pence.
UK notes and coins are also accepted and have the same value, but Gibraltar Pounds are not accepted in the UK and any unspent Gibraltar Pounds should be changed before leaving.
Gibraltar is a British Dependent Territory and is a Crown Colony with internal self-government.
Gibraltar has a unicameral House of Assembly which consists of 15 elected members by popular vote, and 3 members appointed by the Governor serve under contract of employment with the Gibraltar Government.
Gibraltar is a small British Overseas Territory located at the southern tip of the Iberian Peninsula, at the entrance to the Mediterranean Sea. The primary source of freshwater for Gibraltar is desalination. Due to its limited land area and lack of natural freshwater sources, Gibraltar relies on desalination plants to provide its residents with a reliable supply of drinking water.