Convert Guernsey Pound to Dominican Peso
Please provide values below to convert Guernsey Pound [GGP] to Dominican Peso [DOP], or Convert Dominican Peso to Guernsey Pound.
How to Convert Guernsey Pound to Dominican Peso
1 GGP = 0.0122665738761578 DOP
Example: convert 15 GGP to DOP:
15 GGP = 15 × 0.0122665738761578 DOP = 0.183998608142367 DOP
Guernsey Pound to Dominican Peso Conversion Table
| Guernsey Pound | Dominican Peso |
|---|
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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.