Jersey pound

ISO 4217 Codenone ( GBP, JEP unofficially) Unit Plural  Symbol£‎ Denominations Subunit   1⁄100penny Plural  pennypence Symbol  pennyp Banknotes  Freq. used£1, £5, £10, £20, £50  Rarely used£100 Coins  Freq. used1p, 2p, 5p, 10p, 20p, 50p, £2 Demographics User(s) Jersey (alongside pound sterling) Issuance TreasuryTreasury and Resources Department, States of Jersey (website) Valuation Inflation5.3%  SourceThe World Factbook, 2004 Pegged withpound sterling at par

The pound (French: Livre de Jersey, Jèrriais: Louis d'Jèrri; abbreviation: JEP; sign: £) is the currency 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 sterling, in a similar way to the banknotes issued in Scotland and Northern Ireland (see Banknotes of the pound sterling). It can be exchanged at par with other sterling coinage and notes (see also sterling zone).