Belizean Dollar in Guernsey Pound

BZD Belizean Dollar

Country of application:
Belize

Coin denominations in circulation:
1, 5, 10, 25, 50 cents, $ 1.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 dollars.

History reference:
The Belize dollar has been the national currency and money of Belize since 1885. Replaced the pound sterling. In 1973, with the change of the name of the country from British Honduras to Beziz, the c...urrency changed its name: from the British Honduras dollar to the Belize dollar. Despite the fact that the state was part of the “fermentation” zone of the British pound sterling, it based its economy on the US dollar. The Honduran dollar continued its attachment to the US dollar even after the UK abandoned the gold standard in the 1930s. However, at the beginning of the Second World War, British Honduras, along with some other countries, joined the area of circulation of the British currency. And after the devaluation of the British pound in 1949, the Honduran dollar was finally pegged to the US dollar. This fact contributed to a sharp increase in the local currency against the pound. For many years, the exchange rate of the Belize dollar to the US dollar has been at the same mark, equal to 2:1, respectively.

GGP Guernsey Pound

Country of application:
Guernsey

Coin denominations in circulation:
1, 2, 5, 10, 50 pence, 2 pounds.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50 lbs.

History reference:
The Guernsey Pound is the currency of Guernsey, a tiny island in the English Channel. GGP is the currency code for the Guernsey pound, which is the official currency of Guernsey. Until 1834, Guernsey... used the French livre as currency, and then until 1921, French francs were accepted as payment. However, already in 1827, the issue of its own banknotes in pounds began, and since 1830, coins in duplicates, where 80 doubles amounted to 1 franc. From 1848 to 1850, the island had an ordinance accepting pounds for payment, reinstated for coins in 1870 (12.5 Guernsey pence became 1 shilling), and for banknotes in 1914 new own banknotes were printed, the denominations of which were shillings and francs. In 1921, Guernsey switched completely to pounds, pegging its pound to the British as 1:1, and in 1971 the decimal system was introduced.