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A GIF file is an image stored in the Graphical Interchange Format (GIF) which is pronounced by "jiff". It can contain up to 256 indexed colors, and the color palette can be a predetermine group of colors or match the colors in the image. GIF files are stored in lossless format, which means that sharpness of the image is not affected by GIF compression.
The GIF format was first published by CompuServe in 1987, although it was last modified in 1989. In plenty of other words, GIF is slightly older than the Rest Of The internet and is older than around 35% of the United States population.
A JPG file is just a raster photo saved in the Joint Photographic Experts Group (JPEG) and is often used to save electronic images and graphics made using image-editing applications. JPG uses lossless compression to minimize the size of an image without sacrificing quality, and it can accommodate up to up to 16 million colors.
Digital camera memory cards frequently use the JPG format. The JPG file is a brilliant format because it can compress files down to a tenth of their original size, which is extremely useful and helpful for conserving bandwidth.
Want to convert in opposite direction? Click here to convert from JPG to GIF:
JPG to GIF converter