Guernsey Pound to Euro — exchange rate

Country of Circulation: Guernsey

Currency Code, Symbol: GGP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50

History: The Guernsey pound (£) is the national currency of the Guernsey Island. It is not used for payment outside the country. In conversion and on the global financial market, it is called GGP.Pennies are used as change for the Guernsey pound. 1 pound contains 100 pennies. The currency was introduced in 1921. Before that time, French francs, French livres, doubles and shillings were accepted on the territory of the island. The rate of GGP depends on fluctuations of the pound sterling. 1:1 ratio is used to calculate the value. Banknotes have the world’s political figures, royalty and historical buildings on them.Read More

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More