Gibraltar Pound in Croatian Kuna

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.

HRK Croatian Kuna

Country of application:
Croatia

Coin denominations in circulation:
10, 20, 50 lime, 1, 2, 5 kn.

Denominations of banknotes in circulation:
10, 20, 50, 100, 200, 500 HRK

History reference:
The Croatian kuna is the national currency of Croatia (denoted as HRK or Kn). Croatia (officially the Republic of Croatia) is a state located in Southwestern Europe in the northwest of the Balkan Pen...insula. Croatia is bordered to the west by Slovenia, to the north by Hungary, to the east by Bosnia and Herzegovina and Serbia, and in the area of the enclave of Dubrovnik and Montenegro. From the southwest, the territory of Croatia is washed by the waters of the Adriatic Sea. Today, banknotes of 5-1000 kunas and coins of 1-25 kunas, 1-50 lipas are used in circulation. The Republic of Croatia wants to join the EU, but is not yet ready to abandon its banknote in favor of the euro. Local authorities have long been deciding how to name the national currency. The chosen name “kuna” is not accidental, it comes from “marten”, it was her skins that were previously used for payment. The same animal adorns the coins of the country. HRK appeared in circulation in 1994 instead of the Croatian dinar, which appeared in 1991 as a result of secession from Yugoslavia. Since 1995, the kuna has remained the only national currency in Croatia.