Convert GIP to INR — live rate

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

GIP
INR
1 GIP = 120.8260 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 120.83 INR
5 GIP 604.13 INR
10 GIP 1,208.26 INR
50 GIP 6,041.30 INR
100 GIP 12,082.60 INR
500 GIP 60,413.00 INR
1,000 GIP 120,826.00 INR
5,000 GIP 604,130.00 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.