Pound Sterling to Jersey Pound — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Jersey

Currency Code, Symbol: JEP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50

History: The Kersey pound (£) is a currency used on the territory of the Jersey Island. It circulates along with the pound sterling. JEP is an international abbreviation, common on the international currency exchange and conversion offices.Pence (pennies) are used as change for the Jersey pound. Every JEP has 100 pennies. The currency was introduced in 1837, taking place of the outdated French livre. The official languages of the island are English and French. Notes and coins demonstrate two denominations simultaneously. One of them correlates with the pound, the other one – with the livre.Read More