Convert Jersey Pound to Chinese Yuan (Offshore)
Please provide values below to convert Jersey Pound [JEP] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Jersey Pound.
How to Convert Jersey Pound to Chinese Yuan (Offshore)
1 JEP = 0.103227782008247 CNH
Example: convert 15 JEP to CNH:
15 JEP = 15 × 0.103227782008247 CNH = 1.5484167301237 CNH
Jersey Pound to Chinese Yuan (Offshore) 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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.