Convert Guernsey Pound to Cayman Islands Dollar
Please provide values below to convert Guernsey Pound [GGP] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Guernsey Pound.
How to Convert Guernsey Pound to Cayman Islands Dollar
1 GGP = 0.888395535821433 KYD
Example: convert 15 GGP to KYD:
15 GGP = 15 × 0.888395535821433 KYD = 13.3259330373215 KYD
Guernsey Pound to Cayman Islands Dollar Conversion Table
| Guernsey Pound | Cayman Islands 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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.