Convert Guernsey Pound to Libyan Dinar
Please provide values below to convert Guernsey Pound [GGP] to Libyan Dinar [LYD], or Convert Libyan Dinar to Guernsey Pound.
How to Convert Guernsey Pound to Libyan Dinar
1 GGP = 0.13638540899042 LYD
Example: convert 15 GGP to LYD:
15 GGP = 15 × 0.13638540899042 LYD = 2.0457811348563 LYD
Guernsey Pound to Libyan Dinar Conversion Table
| Guernsey Pound | Libyan Dinar |
|---|
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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.