Convert Jersey Pound to Jamaican Dollar
Please provide values below to convert Jersey Pound [JEP] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Jersey Pound.
How to Convert Jersey Pound to Jamaican Dollar
1 JEP = 0.00462463494244975 JMD
Example: convert 15 JEP to JMD:
15 JEP = 15 × 0.00462463494244975 JMD = 0.0693695241367463 JMD
Jersey Pound to Jamaican Dollar 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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.