Convert Guernsey Pound to Mongolian Tugrik
Please provide values below to convert Guernsey Pound [GGP] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Guernsey Pound.
How to Convert Guernsey Pound to Mongolian Tugrik
1 GGP = 0.000208551143400025 MNT
Example: convert 15 GGP to MNT:
15 GGP = 15 × 0.000208551143400025 MNT = 0.00312826715100038 MNT
Guernsey Pound to Mongolian Tugrik Conversion Table
| Guernsey Pound | Mongolian Tugrik |
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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.
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.