Convert Jersey Pound to Argentine Peso
Please provide values below to convert Jersey Pound [JEP] to Argentine Peso [ARS], or Convert Argentine Peso to Jersey Pound.
How to Convert Jersey Pound to Argentine Peso
1 JEP = 0.000584676623202256 ARS
Example: convert 15 JEP to ARS:
15 JEP = 15 × 0.000584676623202256 ARS = 0.00877014934803383 ARS
Jersey Pound to Argentine Peso Conversion Table
| Jersey Pound | Argentine Peso |
|---|
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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.