Convert Guernsey Pound to Bermudan Dollar
Please provide values below to convert Guernsey Pound [GGP] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Guernsey Pound.
How to Convert Guernsey Pound to Bermudan Dollar
1 GGP = 0.7403 BMD
Example: convert 15 GGP to BMD:
15 GGP = 15 × 0.7403 BMD = 11.1045 BMD
Guernsey Pound to Bermudan Dollar Conversion Table
| Guernsey Pound | Bermudan Dollar |
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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.
Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.