Convert Jersey Pound to Philippine Peso
Please provide values below to convert Jersey Pound [JEP] to Philippine Peso [PHP], or Convert Philippine Peso to Jersey Pound.
How to Convert Jersey Pound to Philippine Peso
1 JEP = 0.0130008798380115 PHP
Example: convert 15 JEP to PHP:
15 JEP = 15 × 0.0130008798380115 PHP = 0.195013197570172 PHP
Jersey Pound to Philippine Peso 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.