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 Overseas Territory located at the southern tip of the Iberian Peninsula, bordered by Spain to the north. It is situated at the entrance of the Mediterranean Sea, where the Atlantic Ocean meets the Mediterranean Sea.
Gibraltar is a British Overseas Territory located on the southern tip of the Iberian Peninsula, bordered by Spain to the north. It is known as "The Rock" due to its prominent landmark, the Rock of Gibraltar, which is a massive limestone formation rising over 400 meters (1,400 feet) above sea level.