Convert Guernsey Pound to Moldovan Leu
Please provide values below to convert Guernsey Pound [GGP] to Moldovan Leu [MDL], or Convert Moldovan Leu to Guernsey Pound.
How to Convert Guernsey Pound to Moldovan Leu
1 GGP = 0.0436793816561938 MDL
Example: convert 15 GGP to MDL:
15 GGP = 15 × 0.0436793816561938 MDL = 0.655190724842906 MDL
Guernsey Pound to Moldovan Leu Conversion Table
| Guernsey Pound | Moldovan Leu |
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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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.