Convert Guernsey Pound to Cuban Convertible Peso
Please provide values below to convert Guernsey Pound [GGP] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Guernsey Pound.
How to Convert Guernsey Pound to Cuban Convertible Peso
1 GGP = 0.7403 CUC
Example: convert 15 GGP to CUC:
15 GGP = 15 × 0.7403 CUC = 11.1045 CUC
Guernsey Pound to Cuban Convertible Peso Conversion Table
| Guernsey Pound | Cuban Convertible Peso |
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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.
Cuban Convertible Peso
The Cuban Convertible Peso (CUC) was a currency used in Cuba, primarily for tourism and foreign transactions, pegged to the US dollar.
History/Origin
Introduced in 1994 to replace the peso convertible, the CUC was used alongside the Cuban peso (CUP). It facilitated foreign trade and tourism. The CUC was phased out starting in 2020 as part of Cuba's monetary unification efforts, with its value being absorbed into the CUP.
Current Use
The CUC is no longer in circulation as of 2021. Cuba has transitioned to a single currency system using the Cuban peso (CUP), and the CUC is considered obsolete.