About the Guernsey Pound
The Guernsey Pound was established in 1921 when Guernsey began issuing its own banknotes, pegged to the Pound Sterling. It circulates alongside UK currency.
The name 'Pound' comes from its one-to-one peg with the British Pound Sterling.
Interesting Facts
Interchangeable with UK Sterling
The Guernsey Pound is not a separate currency but a local issue of banknotes and coins pegged 1:1 with the UK Pound Sterling. UK currency is also legal tender in Guernsey.
A Major Financial Hub
Guernsey is a leading offshore financial center, specializing in private banking, investment funds, and insurance.
Local Designs
Guernsey's currency features local historical figures, landmarks like Castle Cornet, and traditional symbols.
Historical Timeline
Guernsey begins issuing its own pound notes, pegged to the UK Pound Sterling.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- GGP
- Symbol
- £
- Subunit
- Penny (1/100)
- Introduced
- 1921-01-01
Central Bank
- Name
- States of Guernsey
- Headquarters
- Saint Peter Port, Guernsey
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 5.0%
Exchange Rates
Used In
What Affects the GGP Exchange Rate?
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