Convert Jersey Pound to Papua New Guinean Kina
Please provide values below to convert Jersey Pound [JEP] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Jersey Pound.
How to Convert Jersey Pound to Papua New Guinean Kina
1 JEP = 0.176287088631709 PGK
Example: convert 15 JEP to PGK:
15 JEP = 15 × 0.176287088631709 PGK = 2.64430632947564 PGK
Jersey Pound to Papua New Guinean Kina 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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.