Convert Chinese Yuan (Offshore) to Jersey Pound
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Jersey Pound [JEP], or Convert Jersey Pound to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Jersey Pound
1 CNH = 9.6873146021883 JEP
Example: convert 15 CNH to JEP:
15 CNH = 15 × 9.6873146021883 JEP = 145.309719032825 JEP
Chinese Yuan (Offshore) to Jersey Pound Conversion Table
| Chinese Yuan (Offshore) | Jersey Pound |
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Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.
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.