Convert Saudi Riyal to Jersey Pound
Please provide values below to convert Saudi Riyal [SAR] to Jersey Pound [JEP], or Convert Jersey Pound to Saudi Riyal.
How to Convert Saudi Riyal to Jersey Pound
1 SAR = 5.06551398081859 JEP
Example: convert 15 SAR to JEP:
15 SAR = 15 × 5.06551398081859 JEP = 75.9827097122788 JEP
Saudi Riyal to Jersey Pound Conversion Table
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.