Convert British Pound Sterling to Jersey Pound
Please provide values below to convert British Pound Sterling [GBP] to Jersey Pound [JEP], or Convert Jersey Pound to British Pound Sterling.
How to Convert British Pound Sterling to Jersey Pound
1 GBP = 0.999864919627178 JEP
Example: convert 15 GBP to JEP:
15 GBP = 15 × 0.999864919627178 JEP = 14.9979737944077 JEP
British Pound Sterling to Jersey Pound Conversion Table
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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.
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.