Convert Jersey Pound to Qatari Rial
Please provide values below to convert Jersey Pound [JEP] to Qatari Rial [QAR], or Convert Qatari Rial to Jersey Pound.
How to Convert Jersey Pound to Qatari Rial
1 JEP = 0.203379120879121 QAR
Example: convert 15 JEP to QAR:
15 JEP = 15 × 0.203379120879121 QAR = 3.05068681318681 QAR
Jersey Pound to Qatari Rial 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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.