Convert Jersey Pound to Bulgarian Lev
Please provide values below to convert Jersey Pound [JEP] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Jersey Pound.
How to Convert Jersey Pound to Bulgarian Lev
1 JEP = 0.443931398416887 BGN
Example: convert 15 JEP to BGN:
15 JEP = 15 × 0.443931398416887 BGN = 6.6589709762533 BGN
Jersey Pound to Bulgarian Lev Conversion Table
| Jersey Pound | Bulgarian Lev |
|---|
Jersey Pound
The Jersey Pound (JEP) is the official currency of Jersey, a British Crown Dependency, used for everyday transactions and financial purposes within the island.
History/Origin
The Jersey Pound was introduced in 1961, replacing the British Pound Sterling in Jersey, and has since been pegged to the British Pound at par, maintaining its value and stability as a local currency.
Current Use
Today, the Jersey Pound is widely used for all local transactions, with banknotes and coins issued specifically for Jersey, and it is accepted alongside the British Pound Sterling within the island.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.