Convert GIP to INR — live rate

Convert Gibraltar Pounds to Indian Rupees and compare the real cost of sending money.

GIP
INR
1 GIP = 123.5660 INR • Mid-market rate
Updated just now
Compare transfers for GIP → INR
No signup required • FCA-regulated providers only

Historical GIP/INR exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: GIP to INR

1 GIP → 123.57 INR
5 GIP → 617.83 INR
10 GIP → 1,235.66 INR
50 GIP → 6,178.30 INR
100 GIP → 12,356.60 INR
500 GIP → 61,783.00 INR
1,000 GIP → 123,566.00 INR
5,000 GIP → 617,830.00 INR

Real cost of GIP → INR

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 GIP
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

GIP — Gibraltar Pound
ISO Code GIP
Symbol £
Central Bank Government of Gibraltar
Common Notes £5, £10, £20, £50, £100
Learn more about GIP
INR — Indian Rupee
ISO Code INR
Symbol ₹
Central Bank Reserve Bank of India
Common Notes ₹5, ₹10, ₹20, ₹50, ₹100, ₹500, ₹1000
Learn more about INR

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.