Jersey pound
Obverse of a £20 banknote Reverse of a £20 banknote
ISO 4217 Code	none
User(s)	Jersey
Inflation	5.3%
Source	The World Factbook, 2004
Pegged with	pound sterling at par
Subunit
1/100	penny
Symbol	£
penny	p
Plural
penny	pence
Coins
Freq. used	1p, 2p, 5p, 10p, 50p
Rarely used	£1, £2
Banknotes	£1, £5, £10, £20, £50
Treasury	Tresury and Resources Department, States of Jersey
Website	www.gov.je/TreasuryResources

The Jersey pound is the currency issued by the States of Jersey. Jersey is in currency union with the United Kingdom, and the Jersey pound is not a separate currency but is an issue of banknotes and coins by the States of Jersey denominated in pound sterling, in a similar way to the banknotes issued in Scotland and Northern Ireland (see Sterling banknotes). It can be exchanged at par with other sterling coinage and notes (see also Sterling zone). States of Jersey £20 note - front File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... States of Jersey £20 note - back This work is copyrighted. ... A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ... ISO 4217 Code GBP User(s) United Kingdom, Crown Dependencies Inflation 3. ... A variety of low value coins, including an Irish 2p piece and many U.S. pennies. ... The Pound sign (£) is the symbol for Pound sterling, the currency of the United Kingdom, and some other currencies of the same name in other countries. ... A variety of low value coins, including an Irish 2p piece and many U.S. pennies. ... Look up Plural in Wiktionary, the free dictionary Plural is a grammatical number, typically referring to more than one of the referent in the real world. ... A variety of low value coins, including an Irish 2p piece and many U.S. pennies. ... The British Crown Dependency of Jersey has its own currency, the Jersey pound, which is linked to the Pound Sterling. ... The term treasury was first used in classical times to describe the votive buildings erected to house gifts to the gods, such as the Siphnian Treasury in Delphi or the many buildings put up in Olympia, Greece by competing city-states, to impress each other during the Ancient Olympic Games. ... The States of Jersey (French: États de Jersey) is the parliament of Jersey. ... In economics, a monetary union is a situation where several countries have agreed to share a single currency among them, for example, the East Caribbean Dollar. ... Sterling banknotes are the banknotes of the United Kingdom and British Islands, denominated in pounds sterling (GBP). ... The Sterling Zone refers to the dominions and colonies of the former British Empire (and Commonwealth) that pegs their respective currencies to the Pound Sterling. ...

For this reason, ISO 4217 does not include a separate currency code for the Jersey pound, but where a distinct code is desired JEP is generally used ^[1]. ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...

Both Jersey notes and Bank of England notes are legal tender in Jersey and circulate together, alongside the Guernsey pound and Scottish banknotes. The Jersey notes are not legal tender in the mainland of England, Scotland and Wales. Headquarters London Governor Mervyn King Central Bank of United Kingdom Currency Pound Sterling ISO 4217 Code GBP Base borrowing rate 5. ... Legal tender or forced tender is payment that cannot be refused in settlement of a debt denominated in the same currency by virtue of law. ... The Guernsey pound (currency code GGP) is the currency used in Guernsey. ...

History

The livre tournois had been used as the legal currency in Jersey for centuries. However, it was abolished during the French Revolutionary period. Although the coins were no longer minted, it remained the legal currency in Jersey until 1837 when dwindling supplies of livres tournois and consequent difficulties in trade and payment obliged the adoption of the pound sterling as legal tender. The livre tournois circulated officially alongside British currency in Jersey until 1834 (when an Order in Council adopted the pound sterling as Jersey's sole official legal tender), and unofficially thereafter. The rate of exchange between the two currencies was 1 livre 4 sous = 1 shilling (i.e., 1 sou = ½ penny) during the 18th century but changed to 1 livre 6 sous = 1 shilling in the early 19th century. Because French sous remained the chief small-change coins, when a new copper coinage was issued for Jersey in 1841, it was based on a penny worth 1/13 of a shilling, the equivalent of 2 sous. Coins were issued in denominations (as written on the coins) of 1/13, 1/26 and 1/52 shilling. The livre tournois (or Tournoise pound) was a currency used in France, named after the town of Tours, in which it was minted. ... The French Revolution (1789–1815) was a period of political and social upheaval in the political history of France and Europe as a whole, during which the French governmental structure, previously an absolute monarchy with feudal privileges for the aristocracy and Catholic clergy, underwent radical change to forms based on... Queen Victoria, Queen of the United Kingdom (1837 - 1901) 1837 (MDCCCXXXVII) was a common year starting on Sunday (see link for calendar). ... Before decimalisation in 1971, a shilling had a value of 12d (old pence), and was equal to 1/20th of a pound: there were 240 (old) pence to the pound. ...

In 1867 Jersey copper coinage was replaced by bronze coinage.

In 1877, a penny of 1/12 of a shilling was introduced. However, denominations continued to be written as fractions of a shilling, with threepence coins issued in 1957 carrying the denomination "one fourth of a shilling".

Until 1831, a large number of bodies and individuals in Jersey issued their own banknotes. The parishes of Jersey issued notes, as did the Vingtaine de la Ville. Legislation in 1831 attempted to regulate such issues, but the parishes and the Vingtaine de la Ville were exempted from the regulatory provisions. Jersey is divided into parishes Saint Helier Saint Saviour Saint Clement Grouville (historically Saint Martin de Grouville) Saint Martin (historically Saint Martin le Vieux) Trinity Saint John Saint Mary Saint Ouen Saint Peter Saint Brelade Saint Lawrence Categories: UK geography stubs | Parishes of Jersey | Parishes ... The Vingtaine de la Ville is part of St Helier, and has its own webside here, which contains sites of historical interest, maps,and details of plaques. ...

During the German occupation in the Second World War, a series of banknotes designed by Edmund Blampied was issued by the States of Jersey. The States have issued a regular series of banknotes since 1963. As part of the Atlantic Wall, between 1940 and 1945 the occupying German forces and the Organisation Todt constructed fortifications round the coasts of the Channel Islands such as this observation tower at Les Landes, Jersey The Occupation of the Channel Islands refers to the Military occupation of the Channel... Mushroom cloud from the nuclear explosion over Nagasaki rising 18 km into the air. ... Edmund Blampied (born Jersey 30 March 1886, died Jersey 26 August 1966) was one of the most eminent artists to come from the Channel Islands, yet he received no formal training in art until he was 16 years old. ...

Along with the rest of the British Isles, Jersey decimalized in 1971 and began issuing a full series of circulating coins from ½p to 50p. £1 and £2 denominations followed later.

Jersey coinage

Jersey One Pound coin

Jersey coinage portrays the Queen's profile on the obverse, with the following designs on the reverse: Image File history File links Jerseypound-t. ... Image File history File links Jerseypound-t. ... The British Crown Dependency of Jersey has its own currency, the Jersey pound, which is linked to the Pound Sterling. ...

• 1p Le Hocq Tower (coastal defence)
• 2p L'Hermitage (site where Saint Helier lived)
• 5p Seymour Tower (offshore defence)
• 10p La Pouquelaye de Faldouet (dolmen)
• 20p La Corbière lighthouse
• 50p Grosnez Castle (ruins)

Pound coins are issued, but are much less widely used than pound notes. Designs on the reverse of Jersey pound coins include series of crests of the 12 parishes, and historic Jersey-built ships. The motto round the milled edge of Jersey pound coins is: Insula Caesarea ("Island of Jersey" in Latin). Two pound coins are issued also, but in small quantities and are rarely encountered. Le Hocq (pronounced: Le Hock) is an area found in the parish of St. ... The face of Saint Helier is sculpted on the 1978 monument La Croix de la Reine in St. ... Poulnabrone dolmen in County Clare, Ireland For the French TV miniseries, see Dolmen (TV miniseries). ... Rocky landscape with ruins, by Nicolaes Berchem, ca. ... A motto (from Italian) is a phrase or a short list of words meant formally to describe the general motivation or intention of an entity, social group, or organization. ... Latin is an ancient Indo-European language originally spoken in Latium, the region immediately surrounding Rome. ...

States of Jersey notes

The current notes depict Queen Elizabeth II on the front and various landmarks of Jersey or incidents in Jersey history on the reverse. The watermark is a Jersey cow A Jersey cow in the western United States. ...

• 1 pound note, green, St. Helier Parish Church (In 2004, a special edition £1 note was introduced in general circulation alongside the St. Helier Parish Church note; this commemorative note marks the 800th anniversary of the division of the Duchy of Normandy in 1204 and the design consequently includes Mont Orgueil castle and other historic symbols)
• 5 pound note, purple, La Corbière lighthouse
• 10 pound note, red, The Death of Major Pierson, Battle of Jersey, 1781
• 20 pound note, blue, St. Ouen's manor
• 50 pound note, brown, Government House

As at December 2005, there was £64.7m of Jersey currency in circulation. A profit of £2.8m earned on the issue of Jersey currency was received by the Treasurer of the States in 2005. ^[2] In this 19th century view across the Royal Square, the Parish Church can be seen in the centre background The Parish Church of St Helier is the parish church of Saint Helier. ... shelby was here 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... An anniversary (from the Latin anniversarius, from the words for year and to turn, meaning (re)turning yearly; known in English since c. ... The Duchy of Normandy stems from the Viking invasions of France in the 8th century. ... // Events February - Byzantine emperor Alexius IV is overthrown in a revolution, and Alexius V is proclaimed emperor. ... Mont Orgueil (French: Mount Pride) has guarded Jerseys east coast since the 13th century Mont Orgueil is a castle in Jersey. ... Saint-Malo sculpture commemorating a maritime rescue in 1995 La Corbière (Jèrriais: La Corbiéthe) is the extreme south-western point of Jersey in St. ... A HDR image of a traditional lighthouse For other uses, see Lighthouse (disambiguation). ... Red is any of a number of similar colors evoked by light consisting predominantly of the longest wavelengths of light discernible by the human eye, in the wavelength range of roughly 625–750 nm. ... Image File history File links Download high resolution version (2048x1398, 221 KB) Description:  Title: de: Der Tod des Major Peirsons Technique: de: Öl auf Leinwand Dimensions: de: 247 × 366 cm Country of origin: de: USA Current location (city): de: London Current location (gallery): de: Tate Gallery Other notes: de: Historienmalerei... Combatants Great Britain France Commanders Major Francis Peirson Baron Phillipe de Rullecourt Strength More than 2,000 1,000 Casualties Around 30 More than 30 dead and wounded The Battle of Jersey was a battle during the American War of Independence and was technically the last battle fought on British... 1781 was a common year starting on Monday (see link for calendar). ... Ruins of Grosnez Castle Saint Ouen (Jèrriais: St Ouën) is one of the twelve parishes of Jersey in the Channel Islands. ... Brown, when used as a general term, is a color which is a dark orange, red or rose, of very low intensity. ...

See also

• Economy of Jersey
• British banknotes
• Livre tournois

Economy - overview: The economy is based largely on international financial services, agriculture, and tourism. ... British banknotes are the banknotes of the United Kingdom and British Islands, denominated in pounds sterling (GBP). ... The livre tournois (or Tournoise pound) was a currency used in France, named after the town of Tours, in which it was minted. ...

References

1. ^ [1]
2. ^ Jersey Evening Post 30 December 2005

• Decimal Currency (Jersey) Law, 1971