Convert Jersey Pound to Tanzanian Shilling
Please provide values below to convert Jersey Pound [JEP] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Jersey Pound.
How to Convert Jersey Pound to Tanzanian Shilling
1 JEP = 0.000288040890834253 TZS
Example: convert 15 JEP to TZS:
15 JEP = 15 × 0.000288040890834253 TZS = 0.0043206133625138 TZS
Jersey Pound to Tanzanian Shilling 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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.