Convert Guernsey Pound to Turkish Lira
Please provide values below to convert Guernsey Pound [GGP] to Turkish Lira [TRY], or Convert Turkish Lira to Guernsey Pound.
How to Convert Guernsey Pound to Turkish Lira
1 GGP = 0.018305815675792 TRY
Example: convert 15 GGP to TRY:
15 GGP = 15 × 0.018305815675792 TRY = 0.274587235136879 TRY
Guernsey Pound to Turkish Lira Conversion Table
| Guernsey Pound | Turkish Lira |
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.