Guernsey pound
The pound is the currency of Guernsey. Since 1921, Guernsey has been in currency union with the United Kingdom and the Guernsey pound is not a separate currency but is a local issue of sterling banknotes and coins, in a similar way to the banknotes issued in Scotland, England and Northern Ireland (see Banknotes of the pound sterling). It can be exchanged at par with other sterling coinage and notes (see also sterling area).
| Livre de Guernesey GGP | |
|---|---|
| ISO 4217 | |
| Code | none (GBP unofficially) |
| Unit | |
| Plural | |
| Symbol | £ |
| Denominations | |
| Subunit | |
| 1⁄100 | penny |
| Plural | |
| penny | pence |
| Symbol | |
| penny | p |
| Banknotes | £1, £5, £10, £20, £50 |
| Coins | 1p, 2p, 5p, 10p, 20p, 50p, £2 |
| Demographics | |
| User(s) | Guernsey |
| Issuance | |
| Treasury | Treasury and Resources Department, States of Guernsey |
| Website | www |
| Valuation | |
| Inflation | 1.9% |
| Source | States of Guernsey, March 2018 |
| Pegged with | variant of pound sterling |
For this reason, ISO 4217 does not include a separate currency code for the Guernsey pound; when distinction from sterling is desired the abbreviation GGP may be used.
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