Convert Kuwaiti Dinar to Jersey Pound
Please provide values below to convert Kuwaiti Dinar [KWD] to Jersey Pound [JEP], or Convert Jersey Pound to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Jersey Pound
1 KWD = 0.412535458597866 JEP
Example: convert 15 KWD to JEP:
15 KWD = 15 × 0.412535458597866 JEP = 6.18803187896799 JEP
Kuwaiti Dinar to Jersey Pound Conversion Table
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international 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.