Convert Peruvian Nuevo Sol to Jersey Pound
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Jersey Pound [JEP], or Convert Jersey Pound to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Jersey Pound
1 PEN = 4.80575442388221 JEP
Example: convert 15 PEN to JEP:
15 PEN = 15 × 4.80575442388221 JEP = 72.0863163582332 JEP
Peruvian Nuevo Sol to Jersey Pound Conversion Table
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.