Convert Jersey Pound to New Zealand Dollar
Please provide values below to convert Jersey Pound [JEP] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Jersey Pound.
How to Convert Jersey Pound to New Zealand Dollar
1 JEP = 0.443559017375674 NZD
Example: convert 15 JEP to NZD:
15 JEP = 15 × 0.443559017375674 NZD = 6.65338526063511 NZD
Jersey Pound to New Zealand 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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.