Convert Jersey Pound to Kuwaiti Dinar
Please provide values below to convert Jersey Pound [JEP] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Jersey Pound.
How to Convert Jersey Pound to Kuwaiti Dinar
1 JEP = 2.42403405370007 KWD
Example: convert 15 JEP to KWD:
15 JEP = 15 × 2.42403405370007 KWD = 36.360510805501 KWD
Jersey Pound to Kuwaiti Dinar 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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.