Convert United States Dollar to Guernsey Pound
Please provide values below to convert United States Dollar [USD] to Guernsey Pound [GGP], or Convert Guernsey Pound to United States Dollar.
How to Convert United States Dollar to Guernsey Pound
1 USD = 1.35080372821829 GGP
Example: convert 15 USD to GGP:
15 USD = 15 × 1.35080372821829 GGP = 20.2620559232743 GGP
United States Dollar to Guernsey Pound Conversion Table
United States Dollar | Guernsey Pound |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.