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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 Jersey Pound (JEP) is the official currency of Jersey, one of the Channel Islands. It is pegged to the British Pound Sterling at par, meaning that one Jersey Pound is equivalent to one British Pound. The currency is used for daily transactions within the island and is also accepted in some areas of the UK.