Convert Guernsey Pound to Israeli New Sheqel
Please provide values below to convert Guernsey Pound [GGP] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Guernsey Pound.
How to Convert Guernsey Pound to Israeli New Sheqel
1 GGP = 0.221315396113602 ILS
Example: convert 15 GGP to ILS:
15 GGP = 15 × 0.221315396113602 ILS = 3.31973094170404 ILS
Guernsey Pound to Israeli New Sheqel Conversion Table
| Guernsey Pound | Israeli New Sheqel |
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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.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.