Convert Jersey Pound to Iranian Rial
Please provide values below to convert Jersey Pound [JEP] to Iranian Rial [IRR], or Convert Iranian Rial to Jersey Pound.
How to Convert Jersey Pound to Iranian Rial
1 JEP = 1.74444016604045e-05 IRR
Example: convert 15 JEP to IRR:
15 JEP = 15 × 1.74444016604045e-05 IRR = 0.000261666024906067 IRR
Jersey Pound to Iranian Rial 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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.