Convert Chinese Yuan to Jersey Pound
Please provide values below to convert Chinese Yuan [CNY] to Jersey Pound [JEP], or Convert Jersey Pound to Chinese Yuan.
How to Convert Chinese Yuan to Jersey Pound
1 CNY = 9.69053086586519 JEP
Example: convert 15 CNY to JEP:
15 CNY = 15 × 9.69053086586519 JEP = 145.357962987978 JEP
Chinese Yuan to Jersey Pound Conversion Table
| Chinese Yuan | Jersey Pound |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.