Convert Guernsey Pound to Chinese Yuan (Offshore)
Please provide values below to convert Guernsey Pound [GGP] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Guernsey Pound.
How to Convert Guernsey Pound to Chinese Yuan (Offshore)
1 GGP = 0.103227782008247 CNH
Example: convert 15 GGP to CNH:
15 GGP = 15 × 0.103227782008247 CNH = 1.5484167301237 CNH
Guernsey Pound to Chinese Yuan (Offshore) Conversion Table
| Guernsey Pound | Chinese Yuan (Offshore) |
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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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.