Convert Jersey Pound to British Pound Sterling
Please provide values below to convert Jersey Pound [JEP] to British Pound Sterling [GBP], or Convert British Pound Sterling to Jersey Pound.
How to Convert Jersey Pound to British Pound Sterling
1 JEP = 1.00013509862199 GBP
Example: convert 15 JEP to GBP:
15 JEP = 15 × 1.00013509862199 GBP = 15.0020264793299 GBP
Jersey Pound to British Pound Sterling 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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.