Convert Guernsey Pound to Malaysian Ringgit
Please provide values below to convert Guernsey Pound [GGP] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Guernsey Pound.
How to Convert Guernsey Pound to Malaysian Ringgit
1 GGP = 0.17495391596162 MYR
Example: convert 15 GGP to MYR:
15 GGP = 15 × 0.17495391596162 MYR = 2.6243087394243 MYR
Guernsey Pound to Malaysian Ringgit Conversion Table
| Guernsey Pound | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.