Convert Jersey Pound to Lebanese Pound
Please provide values below to convert Jersey Pound [JEP] to Lebanese Pound [LBP], or Convert Lebanese Pound to Jersey Pound.
How to Convert Jersey Pound to Lebanese Pound
1 JEP = 8.27150837988827e-06 LBP
Example: convert 15 JEP to LBP:
15 JEP = 15 × 8.27150837988827e-06 LBP = 0.000124072625698324 LBP
Jersey Pound to Lebanese Pound 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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.