Convert Jersey Pound to Moldovan Leu
Please provide values below to convert Jersey Pound [JEP] to Moldovan Leu [MDL], or Convert Moldovan Leu to Jersey Pound.
How to Convert Jersey Pound to Moldovan Leu
1 JEP = 0.0436793816561938 MDL
Example: convert 15 JEP to MDL:
15 JEP = 15 × 0.0436793816561938 MDL = 0.655190724842906 MDL
Jersey Pound to Moldovan Leu 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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.