Convert Jersey Pound to Rwandan Franc
Please provide values below to convert Jersey Pound [JEP] to Rwandan Franc [RWF], or Convert Rwandan Franc to Jersey Pound.
How to Convert Jersey Pound to Rwandan Franc
1 JEP = 0.000511478805929479 RWF
Example: convert 15 JEP to RWF:
15 JEP = 15 × 0.000511478805929479 RWF = 0.00767218208894218 RWF
Jersey Pound to Rwandan Franc Conversion Table
| Jersey Pound | Rwandan Franc |
|---|
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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.