Convert Jersey Pound to Malaysian Ringgit
Please provide values below to convert Jersey Pound [JEP] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Jersey Pound.
How to Convert Jersey Pound to Malaysian Ringgit
1 JEP = 0.17495391596162 MYR
Example: convert 15 JEP to MYR:
15 JEP = 15 × 0.17495391596162 MYR = 2.6243087394243 MYR
Jersey Pound to Malaysian Ringgit 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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.