Convert Guernsey Pound to Bulgarian Lev
Please provide values below to convert Guernsey Pound [GGP] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Guernsey Pound.
How to Convert Guernsey Pound to Bulgarian Lev
1 GGP = 0.443931398416887 BGN
Example: convert 15 GGP to BGN:
15 GGP = 15 × 0.443931398416887 BGN = 6.6589709762533 BGN
Guernsey Pound to Bulgarian Lev Conversion Table
| Guernsey Pound | Bulgarian Lev |
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.