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Gibraltar Shopping & Gibraltar Exchange Rate

 
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    All goods are sold in Gibraltar at reduced-tax prices and free of VAT. The majority of shops are in or near Main Street. Silk, linen, cashmere, jewelry, glassware, porcelain, perfumes, carvings, radios, leatherwork, electronic and photographic equipment and watches can be bought.

    Shopping hours
    Mon-Fri 0930-1930, Sat 1000-1300. Some shops open Sunday.

    Currency Information:

    Currency
    Gibraltar Pound (GIP; symbol £) = 100 new pence. The Gibraltar government issues banknotes of Gib£50, 20, 10 and 5 for local use only. Coinage is the UK coinage with a different reverse design. The Gibraltar government also issues its own coins in denominations of Gib£5, 2 and 1, and 50, 20, 10, 5, 2 and 1 pence. All UK notes are accepted. For exchange rates, see United Kingdom section. Most establishments accept Euros and some accept US Dollars.

    Currency Exchange
    Tourists from the UK are strongly advised to change their unspent Gibraltar pounds into UK currency at parity in Gibraltar before departure as UK banks charge for exchanging the Gibraltar Pound.

    Credit/Debit Cards and ATMs
    All major cards accepted. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

    Traveller's Cheques
    Widely accepted. To avoid additional exchange rate charges, travelers are advised to take traveller's cheques in Pounds Sterling.

    Currency Restrictions
    There are no restrictions on the import or export of either local or foreign currency.

    Banking Hours
    Mon-Thurs 0900-1530, Fri 0900-1630.


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