Convert Jersey Pound to Macedonian Denar
Please provide values below to convert Jersey Pound [JEP] to Macedonian Denar [MKD], or Convert Macedonian Denar to Jersey Pound.
How to Convert Jersey Pound to Macedonian Denar
1 JEP = 0.0140086818630809 MKD
Example: convert 15 JEP to MKD:
15 JEP = 15 × 0.0140086818630809 MKD = 0.210130227946213 MKD
Jersey Pound to Macedonian Denar 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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.