Gibraltar Pound in Czech Koruna

GIP Gibraltar Pound

Country of application:
Gibraltar

Coin denominations in circulation:
5, 10, 20, 50 Gibraltar pound.

Denominations of banknotes in circulation:
1, 2, 5, 10, 20, 50 pennies, 1, 2, 5 Gibraltar pound.

History reference:
The Gibraltar pound has been the national currency and money of Gibraltar since 1927, although Gibraltar received the right to print its banknotes only in 1934. The Gibraltar pound is pegged to the p...ound sterling at a ratio of 1:1. The name Gibraltar comes from the ancient Arabic language, where it literally means "Mount Tariq" - the Arab commander Tariq ibn Ziyad, who crossed Gibraltar to Europe to capture the Iberian Peninsula. Currently, Gibraltar has the status of a British Overseas Territory, with sufficient autonomy. Gibraltar, which is part of the United Kingdom of Great Britain and Northern Ireland, is part of the EEC and the EEC customs union, but is not included in the euro area, which allows the territory to adopt its own liberal tax and financial laws, being an offshore zone.

CZK Czech Koruna

Country of application:
Czech

Coin denominations in circulation:
50, 20, 10, 5, 2 and 1 krone.

Denominations of banknotes in circulation:
5,000, 2,000, 1,000, 500, 200 and 100 kroons.

History reference:
The Czech crown - appeared along with the Slovak crown during the collapse of Czechoslovakia in 1993 and to this day is the national currency of the Czech Republic in the forex market. The name "crow...n" was coined by the Emperor Franz Joseph I of Austria. The modern Czech crown is the same age as the independent Czech Republic. The reason for the emergence of a new currency was the collapse of Czechoslovakia. It should be noted that the first mention of the Czech crown dates back to the 12th century. That is why the word "crown" is still considered not only the name of money, but also the crown - the symbol of the ancient Czech kingdom. For the first time, money appeared on the lands of modern Czech Republic in 120 BC. The tribe, located in the place where today is Prague, minted gold coins for trade with neighbors. The Czech crown became the national currency of the Czech lands only at the end of the 19th century. After Austria-Hungary collapsed in 1918, Czechoslovakia appeared on the map of Europe.