Convert Guernsey Pound to Saudi Riyal
Please provide values below to convert Guernsey Pound [GGP] to Saudi Riyal [SAR], or Convert Saudi Riyal to Guernsey Pound.
How to Convert Guernsey Pound to Saudi Riyal
1 GGP = 0.197413333333333 SAR
Example: convert 15 GGP to SAR:
15 GGP = 15 × 0.197413333333333 SAR = 2.9612 SAR
Guernsey Pound to Saudi Riyal Conversion Table
| Guernsey Pound | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.