Convert Guernsey Pound to Cape Verdean Escudo
Please provide values below to convert Guernsey Pound [GGP] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Guernsey Pound.
How to Convert Guernsey Pound to Cape Verdean Escudo
1 GGP = 0.00787656257148542 CVE
Example: convert 15 GGP to CVE:
15 GGP = 15 × 0.00787656257148542 CVE = 0.118148438572281 CVE
Guernsey Pound to Cape Verdean Escudo Conversion Table
| Guernsey Pound | Cape Verdean Escudo |
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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.
Cape Verdean Escudo
The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, used for all monetary transactions within the country.
History/Origin
Introduced in 1914, the Escudo replaced the Cape Verdean real and has undergone various reforms, with the current version established in 1992 to stabilize the economy and modernize the currency system.
Current Use
The CVE is actively used as the legal tender in Cape Verde, with banknotes and coins circulating nationwide, and it is pegged to the Euro at a fixed rate for stability.