Convert Jersey Pound to Bhutanese Ngultrum
Please provide values below to convert Jersey Pound [JEP] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Jersey Pound.
How to Convert Jersey Pound to Bhutanese Ngultrum
1 JEP = 0.00856992365440159 BTN
Example: convert 15 JEP to BTN:
15 JEP = 15 × 0.00856992365440159 BTN = 0.128548854816024 BTN
Jersey Pound to Bhutanese Ngultrum Conversion Table
| Jersey Pound | Bhutanese Ngultrum |
|---|
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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.