Convert Guernsey Pound to South Korean Won
Please provide values below to convert Guernsey Pound [GGP] to South Korean Won [KRW], or Convert South Korean Won to Guernsey Pound.
How to Convert Guernsey Pound to South Korean Won
1 GGP = 0.000535451628096983 KRW
Example: convert 15 GGP to KRW:
15 GGP = 15 × 0.000535451628096983 KRW = 0.00803177442145475 KRW
Guernsey Pound to South Korean Won Conversion Table
| Guernsey Pound | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.