Convert South Korean Won to Jersey Pound
Please provide values below to convert South Korean Won [KRW] to Jersey Pound [JEP], or Convert Jersey Pound to South Korean Won.
How to Convert South Korean Won to Jersey Pound
1 KRW = 1867.58233148724 JEP
Example: convert 15 KRW to JEP:
15 KRW = 15 × 1867.58233148724 JEP = 28013.7349723085 JEP
South Korean Won to Jersey Pound Conversion Table
| South Korean Won | Jersey Pound |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
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.