Jersey Pound to Norwegian Krone

The Kersey pound (sign £, code JEP) is a currency used on the territory of the Jersey Island. It circulates along with the pound sterling. Pence (pennies) are used as change for the Jersey pound.

Every JEP has 100 pennies. The currency was introduced in 1837, taking place of the outdated French livre. The official languages of the island are English and French. Notes and coins demonstrate two denominations simultaneously. One of them correlates with the pound, the other one – with the livre.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.