Convert Malaysian Ringgit to Guernsey Pound
Please provide values below to convert Malaysian Ringgit [MYR] to Guernsey Pound [GGP], or Convert Guernsey Pound to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Guernsey Pound
1 MYR = 5.71579089558287 GGP
Example: convert 15 MYR to GGP:
15 MYR = 15 × 5.71579089558287 GGP = 85.7368634337431 GGP
Malaysian Ringgit to Guernsey Pound Conversion Table
| Malaysian Ringgit | Guernsey Pound |
|---|
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.