Convert Jersey Pound to Malawian Kwacha
Please provide values below to convert Jersey Pound [JEP] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Jersey Pound.
How to Convert Jersey Pound to Malawian Kwacha
1 JEP = 0.000424606822857509 MWK
Example: convert 15 JEP to MWK:
15 JEP = 15 × 0.000424606822857509 MWK = 0.00636910234286264 MWK
Jersey Pound to Malawian Kwacha 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.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.