Guernsey Pound in Jersey Pound

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.

JEP Jersey Pound

Country of application:
Jersey

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 Jersey Pound is the currency of Jersey. The official languages of Jersey are English and French, since 2010 the denomination is indicated on banknotes in English (in pounds) and French (in livres...). The Jersey pound is pegged to the pound sterling at a ratio of 1:1. British coins are freely accepted on the island. Notes of the Bank of England, Scottish and Northern Irish banks, as well as Guernsey, while not being legal tender, can be accepted on the island. In the UK, the Jersey currency is not officially solvent, but Jersey money can be accepted for payment along with your own. All banknotes of the new series featured a portrait of Elizabeth II, and the image of a cow was used as a watermark. In 2012, in honor of the anniversary of the British Queen, a commemorative series of 100 pounds banknotes was issued. It was a limited edition, reflecting the historical events of the reign of Elizabeth. The front side of the banknote is decorated with a realistic full-face portrait of the Queen.