Convert Moroccan Dirham to Guernsey Pound
Please provide values below to convert Moroccan Dirham [MAD] to Guernsey Pound [GGP], or Convert Guernsey Pound to Moroccan Dirham.
How to Convert Moroccan Dirham to Guernsey Pound
1 MAD = 12.1684452249088 GGP
Example: convert 15 MAD to GGP:
15 MAD = 15 × 12.1684452249088 GGP = 182.526678373632 GGP
Moroccan Dirham to Guernsey Pound Conversion Table
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.