Since 1 Mexican Peso is equal to 0.04581955289709186 Guernsey Pounds, we could say that n Mexican Pesos are equal to 0.04581955289709186 times n Guernsey Pounds. In other words, we could use the following formula:
Guernsey Pounds = Mexican Pesos x 0.04581955289709186
For example, let's say that we want to convert 2.0 Mexican Pesos to Guernsey Pounds. Then, we just replace Mexican Pesos in the abovementioned formula with 2.0:
Guernsey Pounds = 2.0 x 0.04581955289709186
That is, 2.0 Mexican Pesos are equal to 0.09163910579418372 Guernsey Pounds.