Convert New Taiwan Dollar to Jersey Pound
Please provide values below to convert New Taiwan Dollar [TWD] to Jersey Pound [JEP], or Convert Jersey Pound to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Jersey Pound
1 TWD = 39.6663514791301 JEP
Example: convert 15 TWD to JEP:
15 TWD = 15 × 39.6663514791301 JEP = 594.995272186951 JEP
New Taiwan Dollar to Jersey Pound Conversion Table
New Taiwan Dollar | Jersey Pound |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.