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Jersey

Jersey Pound

JEP

Official currency of Jersey

£ Symbol

About the Jersey Pound

Jersey began issuing its own pound in 1831. It is a local issue of the Pound Sterling and circulates alongside UK currency.

The name 'Pound' is from the British Pound Sterling, to which it is pegged at par.

Interesting Facts

A Sterling Equivalent

The Jersey Pound is not a separate currency but a local issue of banknotes and coins pegged 1:1 with the UK Pound Sterling. UK currency is also widely accepted.

Leading Financial Centre

Jersey is a major international finance centre, and its highly developed financial services industry is the backbone of its economy.

A Pound Note Still in Use

Unlike the UK, Jersey continues to issue a £1 banknote, which circulates alongside the £1 coin.

Historical Timeline

1831

Jersey begins to issue its own banknotes and coins.

Denominations

Banknotes

£1 Green
£5 Purple
£10 Brown
£20 Blue
£50 Red
£100 Purple

Coins

1 penny
2 pence
5 pence
10 pence
20 pence
50 pence
1 pound
2 pounds

Security Features

Watermark Security thread Holographic elements on higher denominations See-through features

Quick Facts

ISO Code
JEP
Symbol
£
Subunit
Penny (1/100)
Introduced
1831-01-01

Central Bank

Name
States of Jersey
Headquarters
Saint Helier, Jersey
Visit Website

Economic Data

Reserve Currency Share
0.0%
Forex Volume Share
0.0%
Inflation Rate
7.5%

What Affects the JEP Exchange Rate?

One-to-one peg with the British Pound Sterling
Performance of the UK economy
Strength of Jersey's financial services industry
Tourism

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