Convert Jersey Pound to Georgian Lari
Please provide values below to convert Jersey Pound [JEP] to Georgian Lari [GEL], or Convert Georgian Lari to Jersey Pound.
How to Convert Jersey Pound to Georgian Lari
1 JEP = 0.273233926330553 GEL
Example: convert 15 JEP to GEL:
15 JEP = 15 × 0.273233926330553 GEL = 4.09850889495829 GEL
Jersey Pound to Georgian Lari 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.
Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.