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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 Nigerian Naira (NGN) is the official currency of Nigeria, introduced in 1973 to replace the Nigerian pound. It is subdivided into 100 kobo and is regulated by the Central Bank of Nigeria, which is responsible for issuing banknotes and coins as well as managing monetary policy.