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The government of Gibraltar introduced a new series of banknotes beginning with the £10 and £50 notes issued on July 8, 2010. On May 11, 2011, the £5, £20 and £100 notes were issued. [ 11 ] In 2021, the government of Gibraltar introduced a new series of banknotes in a reduced size, closely matching that of the banknotes of the Bank of England.
In Gibraltar, banknotes are issued by the Government of Gibraltar. The pound was made sole legal tender in 1898 and Gibraltar has issued its own banknotes since 1934. [140] The notes bear an image of the British monarch on the obverse and the wording "pounds sterling", meaning that more retailers in the UK will accept them.
Download as PDF; Printable version; ... Banknotes of British Overseas Territories ... One pound coin (Gibraltar) reverse.png; S. File:St helena£1.JPG ...
The Bank of England, which is now the central bank of the United Kingdom, British Crown Dependencies and British Overseas Territories, has issued banknotes since 1694. In 1921 the Bank of England gained a legal monopoly on the issue of banknotes in England and Wales, a process that started with the Bank Charter Act 1844, when the ability of other banks to issue notes was restricted.
2 Notes. 3 See also. 4 References. ... Download as PDF; Printable version; In other projects ... Gibraltar pound: Pound sterling: 1 Guernsey pound:
The currency of Gibraltar is the Gibraltar pound, issued by the Government of Gibraltar under the terms of the 1934 Currency Notes Act. These banknotes are legal tender in Gibraltar alongside Bank of England banknotes. [105] [106] In a currency board arrangement, these notes are issued against reserves of sterling.
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After the Anglo-Dutch occupied Gibraltar in 1704, the Spanish real continued to circulate in the town. However, no distinction was made between the silver (de plata) and billon (de vellón) reales issued by the Spanish (1 real de plata = 2 reales de vellón before 1737, 2½ after), providing a substantial profit for the army officers making payments to troops.