Convert Guernsey Pound to Iranian Rial
Please provide values below to convert Guernsey Pound [GGP] to Iranian Rial [IRR], or Convert Iranian Rial to Guernsey Pound.
How to Convert Guernsey Pound to Iranian Rial
1 GGP = 1.74444016604045e-05 IRR
Example: convert 15 GGP to IRR:
15 GGP = 15 × 1.74444016604045e-05 IRR = 0.000261666024906067 IRR
Guernsey Pound to Iranian Rial Conversion Table
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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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.