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About this currency pair
Jersey Pound (JEP) — the currency of Jersey
The Jersey pound is a local pound issue used in Jersey within the broader sterling monetary context. The Jersey Pound is used in Jersey, where it provides the reference for local prices, wages, public payments, bank accounts and invoices. Conversions are useful for travel, remittances, local pricing, accounting records and comparing costs with larger international currencies. The pound name reflects an older sterling-linked monetary tradition, although each pound currency has its own market value.
Euro (EUR) — the shared currency of the eurozone
The euro is the shared currency of the eurozone, used across many European economies rather than a single country. It was introduced for accounting and electronic payments in 1999 and euro cash followed in 2002, making it a common reference for travel, online shopping, invoices, salaries, savings and cross-border business inside Europe. It is also one of the main currencies followed in global foreign-exchange markets.