Convert Guernsey Pound to British Pound Sterling
Please provide values below to convert Guernsey Pound [GGP] to British Pound Sterling [GBP], or Convert British Pound Sterling to Guernsey Pound.
How to Convert Guernsey Pound to British Pound Sterling
1 GGP = 1.00013509862199 GBP
Example: convert 15 GGP to GBP:
15 GGP = 15 × 1.00013509862199 GBP = 15.0020264793299 GBP
Guernsey Pound to British Pound Sterling Conversion Table
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.