Convert Jersey Pound to Brazilian Real
Please provide values below to convert Jersey Pound [JEP] to Brazilian Real [BRL], or Convert Brazilian Real to Jersey Pound.
How to Convert Jersey Pound to Brazilian Real
1 JEP = 0.132980061074187 BRL
Example: convert 15 JEP to BRL:
15 JEP = 15 × 0.132980061074187 BRL = 1.99470091611281 BRL
Jersey Pound to Brazilian Real Conversion Table
| Jersey Pound | Brazilian Real |
|---|
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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.