Convert Guernsey Pound to Mexican Peso
Please provide values below to convert Guernsey Pound [GGP] to Mexican Peso [MXN], or Convert Mexican Peso to Guernsey Pound.
How to Convert Guernsey Pound to Mexican Peso
1 GGP = 0.0397067184432692 MXN
Example: convert 15 GGP to MXN:
15 GGP = 15 × 0.0397067184432692 MXN = 0.595600776649038 MXN
Guernsey Pound to Mexican Peso Conversion Table
| Guernsey Pound | Mexican Peso |
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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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.