Timeline

• 1800-1820
• During the cash shortage in the early 19th century, numerous copper tokens, denominated in Cuarto = ¹⁄₂₄ Spanish Real, were issued by local merchants: Robert Keeling (vine), Richard Cattons (gold & jewellery) und James Spittles (unknown trade)
• 16.06.1825
• Proclamation of the British Order in Council of 23.03.1825 which introduced British silver and copper coins as legal tender to the colonies where the Spanish Dollar is current; effective 01.07.1825. Rating:
  - Spanish Dollar (8 Spanish Real in silver) at 52 Pence Sterling
  - Spanish doubloon (8 Spanish Escudos in gold) at 69⅓ Shillings Sterling.
• ??.??.1841
• Governor's ordinance, mandates the production of copper subsidiary coins of 2, 1, ½ Quarts (Cuarto = ¹⁄₁₉₂ Spanish Dollar) without authorization by the British colonial autorities; start of issuance was mid-1842.
• 03.09.1844
• Rating of the Spanish trade coins:
  - Spanish Dollar (8 Spanish Real in silver) at 50 Pence Sterling
  - Spanish doubloon (8 Spanish Escudos in gold) at 66⅔ Shillings Sterling
• 26.04.1845
• Demonetization of the Mexican and Latin American gold coins

Timeline

• 21.02.1872
• British ordinance [Order in Council] on the introduction of Spanish accounting based on the Doubloon of 128.7 English Troy grains gold 0.900, called "Doblón d'Isabel" (100 Spanish Real); effective 01.03.1872:
  - current Spanish gold, silver and subsidiary coins are circulating at face value
  - Spanish Dollar (8 Spanish Real in silver) is legal tender at 0.20 Dubloons
  - British Sovereign is rated at 0.98 Dubloons but not legal tender.
• 28.06.1881
• British ordinance [Order in Council] on the adoption of the Spanish currency reform of 1868 and the revision of the Doubloon to 124.45 English Troy grains gold 0.900, called "Alfonsino" (25 Spanish Pesetas); effective 01.07.1881:
  - current Spanish gold, silver and subsidiary coins are circulating at face value
  - Spanish Dollar (8 Spanish Real in silver) is legal tender at 0.20 Dubloons
  - British Sovereign is rated at 1.01 Dubloons but not legal tender
  Transition: "Alfonsino" = ²⁵⁄₂₆ "Doblon d'Isabel" = 26 .
• 01.07.1881
• Tariff of coins in circulation:
• 01.07.1881
• - Spanish Dollar (8 Spanish Real in silver) at 0.2 doubloons (5 pesetas)
• 01.07.1881
• - British Sovereign (AU) at 1.01 doubloons (25.22 pesetas)
• 01.07.1881
• Transition 25 Doblon d'Isabel = 26 Alfonsino

Valuation Regimes

• 1872-1881
• Fixed rate against Spanish Real (1854)
• 1881-1898
• Fixed rate against Spanish Peseta

Timeline

• 09.08.1898
• British ordinance [Order in Council], declares the British Coinage Acts, 1870 & 1891 in force; effective 01.10.1898
• 05.08.1914
• Ordinance [Bank Note, No. 10] on the esstablishment of a Currency Commission and the issuance of government paper money; effective immediately
• 27.02.1927
• Ordinance [Currency Note, No. 1] on the issuance of government paper money; effective immediately
• 11.05.1934
• Ordinance [Currency Note, No. 6] on the issuance of government paper money; effective immediately
• 1968-1971
• Decimalization of the sub-unit
  - 20.12.1968: Proclamation of the British "Decimal Coinage Act (1967)" on the decimalization of the sub-unit; effective immediately (?)
  - 19.12.1969: Proclamation of the British "Decimal Coinage Act (1969)" on the implementation of the 1967 Decimal Currency Act; effective 15.02.1971
  - 15.02.1971: Start of issuance of British decimal subsidiary coins denominated "New Pence", the non-decimal coins were not demonetized
  - 07.06.1990: Law [Coinage Act, No. 19] on the issuance of local subsidiary coins without the "New" in the coin denominations; effective immediately.
• 15.11.1990
• Law [Coinage (ECU) Act, No. 45] on the issuance of collector coins denominated in "Gibraltar ECU" (nominally at par with the European Currency Unit, ECU); effective 10.09.1992

Valuation Regimes

• 1898-
• Fixed rate against British Pound