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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 CFA Franc BCEAO (XOF) is the currency used by eight West African countries that are part of the West African Economic and Monetary Union (WAEMU). It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro, ensuring stability in exchange rates and promoting economic cooperation among member states.