Convert Bitcoin to Guernsey Pound
Please provide values below to convert Bitcoin [BTC] to Guernsey Pound [GGP], or Convert Guernsey Pound to Bitcoin.
How to Convert Bitcoin to Guernsey Pound
1 BTC = 1.14141686486507e-05 GGP
Example: convert 15 BTC to GGP:
15 BTC = 15 × 1.14141686486507e-05 GGP = 0.00017121252972976 GGP
Bitcoin to Guernsey Pound Conversion Table
| Bitcoin | Guernsey Pound |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Guernsey Pound
The Guernsey Pound (GGP) is the official currency of Guernsey, a British Crown dependency, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1921, the Guernsey Pound has been used locally alongside the British Pound, with both currencies circulating freely and at equal value, reflecting Guernsey's status as a self-governing dependency.
Current Use
The GGP is used for everyday transactions within Guernsey and is accepted alongside the British Pound, with coins and banknotes issued specifically for Guernsey by the local authorities.