Convert United States Dollar to Jersey Pound
Please provide values below to convert United States Dollar [USD] to Jersey Pound [JEP], or Convert Jersey Pound to United States Dollar.
How to Convert United States Dollar to Jersey Pound
1 USD = 1.35080372821829 JEP
Example: convert 15 USD to JEP:
15 USD = 15 × 1.35080372821829 JEP = 20.2620559232743 JEP
United States Dollar to Jersey Pound Conversion Table
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.