Convert Cayman Islands Dollar to Guernsey Pound
Please provide values below to convert Cayman Islands Dollar [KYD] to Guernsey Pound [GGP], or Convert Guernsey Pound to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Guernsey Pound
1 KYD = 1.1256247467243 GGP
Example: convert 15 KYD to GGP:
15 KYD = 15 × 1.1256247467243 GGP = 16.8843712008645 GGP
Cayman Islands Dollar to Guernsey Pound Conversion Table
| Cayman Islands Dollar | Guernsey Pound |
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Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.
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.