Convert Guernsey Pound to Jersey Pound
Please provide values below to convert Guernsey Pound [GGP] to Jersey Pound [JEP], or Convert Jersey Pound to Guernsey Pound.
How to Convert Guernsey Pound to Jersey Pound
1 GGP = 1 JEP
Example: convert 15 GGP to JEP:
15 GGP = 15 × 1 JEP = 15 JEP
Guernsey Pound to Jersey Pound Conversion Table
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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.
Jersey Pound
The Jersey Pound (JEP) is the official currency of Jersey, a British Crown Dependency, used for everyday transactions and financial purposes within the island.
History/Origin
The Jersey Pound was introduced in 1961, replacing the British Pound Sterling in Jersey, and has since been pegged to the British Pound at par, maintaining its value and stability as a local currency.
Current Use
Today, the Jersey Pound is widely used for all local transactions, with banknotes and coins issued specifically for Jersey, and it is accepted alongside the British Pound Sterling within the island.