Convert Jersey Pound to Cayman Islands Dollar
Please provide values below to convert Jersey Pound [JEP] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Jersey Pound.
How to Convert Jersey Pound to Cayman Islands Dollar
1 JEP = 0.888395535821433 KYD
Example: convert 15 JEP to KYD:
15 JEP = 15 × 0.888395535821433 KYD = 13.3259330373215 KYD
Jersey Pound to Cayman Islands 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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.