Convert Saudi Riyal to Guernsey Pound
Please provide values below to convert Saudi Riyal [SAR] to Guernsey Pound [GGP], or Convert Guernsey Pound to Saudi Riyal.
How to Convert Saudi Riyal to Guernsey Pound
1 SAR = 5.06551398081859 GGP
Example: convert 15 SAR to GGP:
15 SAR = 15 × 5.06551398081859 GGP = 75.9827097122788 GGP
Saudi Riyal to Guernsey Pound Conversion Table
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.