Convert Jersey Pound to Bermudan Dollar
Please provide values below to convert Jersey Pound [JEP] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Jersey Pound.
How to Convert Jersey Pound to Bermudan Dollar
1 JEP = 0.7403 BMD
Example: convert 15 JEP to BMD:
15 JEP = 15 × 0.7403 BMD = 11.1045 BMD
Jersey Pound to Bermudan Dollar Conversion Table
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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.
Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.