Guernsey is a British Crown dependency in the English Channel. It lies off the coast of Normandy, France. It has its own independent government with powers to control and regulate local affairs. Guernsey has a rich and varied history that has been shaped by many different peoples throughout time.The island was inhabited by Britons and Normans as well as others, there has also been Roman remains found on the island. The island served as a base for pirates, who heavily extorted goods from ships that docked at its ports during this time period; however these dangerous activities did not stop people from settling there. During WW2 the island was occupied by German forces from 1940-1945 until their defeat. Read along to learn about the newly released Guernsey Pound banknotes.
The official currency of Guernsey is the Pound. Guernsey produces its own local pound that are 1:1 to the British Pound and both are widely accepted throughout the island. They come in denominations of 1, 5, 10, 20, 50 Pounds.
In early January 2023 new updated versions of 5, 10, 20 Pounds were announced for circulation. The overall design will remain the same however to stay ahead of counterfeiters the new security features are added. All 3 banknotes still feature the late Queen Elizabeth on the front.
The New Guernsey Pound
The 5 Pounds features a new holographic thread visible on the front. Also the leopards on the coat of arms and 5 Pounds logo will switch from dark to light when tilted. The 10 Pounds will feature an updated security thread that shows a new dynamic effect when tilted. Lastly the obverse side of the 20 Pounds banknote will feature a new updated, magenta colored, security stripe which consists of flowers and 20’s. Since the UK has announced that in 2024 new banknotes featuring King Charles III will come into circulation, do you think Guernsey will follow and redesign their banknotes?
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