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The Guernsey Pound (GGP) is the official currency of Guernsey, a British Crown dependency located in the English Channel. It is pegged to the British Pound Sterling (GBP) at par, which means that one Guernsey Pound is equivalent to one British Pound. GGP is primarily used for local transactions on the island, while British Pounds are also accepted.
The Canadian Dollar (CAD) is the official currency of Canada, represented by the symbol '$' and the code 'CAD'. It is subdivided into 100 cents and is one of the most traded currencies in the world, often regarded as a commodity currency due to Canada's rich natural resources.