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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 Paraguayan Guaraní (PYG) is the official currency of Paraguay, serving as a medium of exchange for goods and services in the country. It is subdivided into 100 centavos and is issued by the Central Bank of Paraguay, which regulates its supply and value to maintain economic stability.