Convert Guernsey Pound to Mozambican Metical
Please provide values below to convert Guernsey Pound [GGP] to Mozambican Metical [MZN], or Convert Mozambican Metical to Guernsey Pound.
How to Convert Guernsey Pound to Mozambican Metical
1 GGP = 0.0116358572387355 MZN
Example: convert 15 GGP to MZN:
15 GGP = 15 × 0.0116358572387355 MZN = 0.174537858581032 MZN
Guernsey Pound to Mozambican Metical Conversion Table
| Guernsey Pound | Mozambican Metical |
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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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.