Convert Jersey Pound to Paraguayan Guarani
Please provide values below to convert Jersey Pound [JEP] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Jersey Pound.
How to Convert Jersey Pound to Paraguayan Guarani
1 JEP = 9.59916379004032e-05 PYG
Example: convert 15 JEP to PYG:
15 JEP = 15 × 9.59916379004032e-05 PYG = 0.00143987456850605 PYG
Jersey Pound to Paraguayan Guarani 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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.