Convert Jersey Pound to Thai Baht
Please provide values below to convert Jersey Pound [JEP] to Thai Baht [THB], or Convert Thai Baht to Jersey Pound.
How to Convert Jersey Pound to Thai Baht
1 JEP = 0.0229816903944419 THB
Example: convert 15 JEP to THB:
15 JEP = 15 × 0.0229816903944419 THB = 0.344725355916629 THB
Jersey Pound to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.