Convert Jersey Pound to Cape Verdean Escudo
Please provide values below to convert Jersey Pound [JEP] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Jersey Pound.
How to Convert Jersey Pound to Cape Verdean Escudo
1 JEP = 0.00787656257148542 CVE
Example: convert 15 JEP to CVE:
15 JEP = 15 × 0.00787656257148542 CVE = 0.118148438572281 CVE
Jersey Pound to Cape Verdean Escudo Conversion Table
| Jersey Pound | Cape Verdean Escudo |
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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.
Cape Verdean Escudo
The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, used for all monetary transactions within the country.
History/Origin
Introduced in 1914, the Escudo replaced the Cape Verdean real and has undergone various reforms, with the current version established in 1992 to stabilize the economy and modernize the currency system.
Current Use
The CVE is actively used as the legal tender in Cape Verde, with banknotes and coins circulating nationwide, and it is pegged to the Euro at a fixed rate for stability.