Convert Bermudan Dollar to Guernsey Pound
Please provide values below to convert Bermudan Dollar [BMD] to Guernsey Pound [GGP], or Convert Guernsey Pound to Bermudan Dollar.
How to Convert Bermudan Dollar to Guernsey Pound
1 BMD = 1.35080372821829 GGP
Example: convert 15 BMD to GGP:
15 BMD = 15 × 1.35080372821829 GGP = 20.2620559232743 GGP
Bermudan Dollar to Guernsey Pound Conversion Table
| Bermudan Dollar | Guernsey Pound |
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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.
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.