Gibraltar - what currency

Thursdays_child_3

We are going to be spending a day in Gib. next week and intend buying Lalique, Estee Lauder and some other makes of make up/perfume so which currency would be the best to pay in?

TBeckett100

sterling is the currency, put on a credit card

scoop99

You can pay in sterling or EUR but when I was there all your change is given back in sterling which made it a bit confusing and the exchange rate was poor.
Like last reply, use credit/debit card and you'll get a better rate.

I was told that the ATM's gave you sterling but never used any so somebody else may be able to confirm this

Gibel_Tarik

Hi

As is hopefully already clear from the previous replies, Gibraltar's currency or monetary unit is the Pound Sterling with notes issued by the Government of Gibraltar. The legal tender is Gibraltar Government notes and coinage, though Bank of England notes and coinage are equally welcome.

Most shops and establishments accept Euros, but you will often get more favourable rates of exchange if you change your foreign currency at one of the numerous banks and bureau de change in town, which always offer the best rate of exchange.

Banks are generally open from 0900 to 1530, Monday to Thursday and until 1630 on Friday.

Bureaux de change open from 0900 to 1800. All major credit cards are widely accepted in shops, restaurants and hotels.

scoop99 wrote: »

I was told that the ATM's gave you sterling but never used any so somebody else may be able to confirm this

Both Barclays' ATM in Main Street and Nat West Bank in Line Wall Road offer Bank of England Sterling notes (handy if you are about to return to the UK) and Gibraltar pound notes (normally not legal tender in the UK but can be exchanged at any bank on par).

Hope that clarifies!

Saludos!

dillydoughnut

I was there this week and it was definately worth bringing sterling. Better offers all round in the shops.