JEP/NGN exchange rate analysis over the past 90 days
Jersey Pound to Nigerian Naira exchange rate: Over the last 90 days, the Jersey Pound weakened by -10.45% against the Nigerian Naira, declining from ₦2,119.1491 to ₦1,918.7307 per Jersey Pound. This trend reflects the evolving economic dynamics between the Jersey and the Nigeria. Factors contributing to this weakening may include:
- Trade Imbalances: Disparities in trade and investment between Jersey and Nigeria.
- Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Jersey and Nigeria.
- Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Jersey or Nigeria.
- Global Pressures: External economic or geopolitical events that may unfavorably impact the Jersey relative to the Nigeria.
The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.
Jersey Pound Currency
Country: Jersey
Symbol: £
ISO Code: JEP
Bank: Treasury and Resources Department, States of Jersey
Interesting fact about Jersey Pound
The Jersey Pound (JEP) is the legal currency of Jersey, a British Crown Dependency. Introduced in 1834, it replaced various currencies used in Jersey. The pound is equivalent in value to the British Pound (GBP) and is issued by the States of Jersey. It holds great significance as the primary medium of exchange on the island and plays a vital role in the local economy and daily transactions.
Nigerian Naira Currency
Country: Nigeria
Symbol: ₦
ISO Code: NGN
Bank: Central Bank of Nigeria
Interesting fact about Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria. It was introduced in 1973 to replace the pound. The Naira has faced significant challenges due to inflation, exchange rate fluctuations, and economic instability. Its value and stability are crucial for Nigeria's economy as it affects imports, exports, and the overall purchasing power of its citizens.
£1 Jersey Pound | ₦ 1918.73 Nigerian Nairas |
£10 Jersey Pounds | ₦ 19187.31 Nigerian Nairas |
£20 Jersey Pounds | ₦ 38374.61 Nigerian Nairas |
£30 Jersey Pounds | ₦ 57561.92 Nigerian Nairas |
£40 Jersey Pounds | ₦ 76749.23 Nigerian Nairas |
£50 Jersey Pounds | ₦ 95936.53 Nigerian Nairas |
£60 Jersey Pounds | ₦ 115123.84 Nigerian Nairas |
£70 Jersey Pounds | ₦ 134311.15 Nigerian Nairas |
£80 Jersey Pounds | ₦ 153498.45 Nigerian Nairas |
£90 Jersey Pounds | ₦ 172685.76 Nigerian Nairas |
£100 Jersey Pounds | ₦ 191873.07 Nigerian Nairas |
£200 Jersey Pounds | ₦ 383746.13 Nigerian Nairas |
£300 Jersey Pounds | ₦ 575619.2 Nigerian Nairas |
£400 Jersey Pounds | ₦ 767492.26 Nigerian Nairas |
£500 Jersey Pounds | ₦ 959365.33 Nigerian Nairas |
£600 Jersey Pounds | ₦ 1151238.39 Nigerian Nairas |
£700 Jersey Pounds | ₦ 1343111.46 Nigerian Nairas |
£800 Jersey Pounds | ₦ 1534984.52 Nigerian Nairas |
£900 Jersey Pounds | ₦ 1726857.59 Nigerian Nairas |
£1000 Jersey Pounds | ₦ 1918730.65 Nigerian Nairas |
£2000 Jersey Pounds | ₦ 3837461.3 Nigerian Nairas |
£3000 Jersey Pounds | ₦ 5756191.95 Nigerian Nairas |
£4000 Jersey Pounds | ₦ 7674922.6 Nigerian Nairas |
£5000 Jersey Pounds | ₦ 9593653.25 Nigerian Nairas |
₦1 Nigerian Naira | £ 0 Jersey Pounds |
₦10 Nigerian Nairas | £ 0.01 Jersey Pounds |
₦20 Nigerian Nairas | £ 0.01 Jersey Pounds |
₦30 Nigerian Nairas | £ 0.02 Jersey Pounds |
₦40 Nigerian Nairas | £ 0.02 Jersey Pounds |
₦50 Nigerian Nairas | £ 0.03 Jersey Pounds |
₦60 Nigerian Nairas | £ 0.03 Jersey Pounds |
₦70 Nigerian Nairas | £ 0.04 Jersey Pounds |
₦80 Nigerian Nairas | £ 0.04 Jersey Pounds |
₦90 Nigerian Nairas | £ 0.05 Jersey Pounds |
₦100 Nigerian Nairas | £ 0.05 Jersey Pounds |
₦200 Nigerian Nairas | £ 0.1 Jersey Pounds |
₦300 Nigerian Nairas | £ 0.16 Jersey Pounds |
₦400 Nigerian Nairas | £ 0.21 Jersey Pounds |
₦500 Nigerian Nairas | £ 0.26 Jersey Pounds |
₦600 Nigerian Nairas | £ 0.31 Jersey Pounds |
₦700 Nigerian Nairas | £ 0.36 Jersey Pounds |
₦800 Nigerian Nairas | £ 0.42 Jersey Pounds |
₦900 Nigerian Nairas | £ 0.47 Jersey Pounds |
₦1000 Nigerian Nairas | £ 0.52 Jersey Pounds |
₦2000 Nigerian Nairas | £ 1.04 Jersey Pounds |
₦3000 Nigerian Nairas | £ 1.56 Jersey Pounds |
₦4000 Nigerian Nairas | £ 2.08 Jersey Pounds |
₦5000 Nigerian Nairas | £ 2.61 Jersey Pounds |