Time Period: 1720-1834
Timeline
- 22.05.1729
- Law on the adoption of the French currency ordinance of 26.05.1726, making the French Livre the unit of account; effective 25.08.1730:
- Rating of the British Crown of 5 Shillings (silver) at 311⁄20 French Livres (= 71 Sols).
- 1811-1814
- During the cash shortage in the early 19th century, numerous copper tokens were issued by merchants and local banks as in the whole of Great Britain.
- 18.11.1812
- Parliamentary resolution on the issuance of silver tokens of 3, 1½ Shillings (= 33⁄5, 14⁄5 French Livres) by the government; effective immediately (royal assent on 12.12.1812)
Time Period: 1834-
Currency: Jersey Pound
- Transition
- 1 : 26 French Livres
- Sub-units
- Pound / 20 Shillings / 12 Pence (1834-1971)
Pound / 100 Pence (1971-)
- ISO4217
- none (informal: JEP)
Timeline
- 18.09.1834
- Parliamentary resolution on the switch to British accounting and the demonetization of all circulating coins; effective 01.10.1834 (royal assent of 24.06.1835)
- 13.07.1840
- Parliamentary resolution on the issuance of copper subsidiary coins of 1⁄13, 1⁄26, 1⁄52 Shillings to ease the transition from the Livre accounting; effective immediately (royal assent on 11.09.1840) and issuance started on 12.11.1841
- 25.02.1876
- Parliamentary resolution on the issuance of copper subsidiary coins of 1⁄12, 1⁄24, 1⁄48 Shillings (replacing the coins denominated in 13th of the Shilling, which were not demonetized); effective 24.03.1876 (royal assent of 18.04.1876) and issuance started on ??.??.1877
- 07.02.1923
- Parliamentary resolution on the demonetization of the French subsidiary coins of 10, 5 Cents; effective 24.08.1923 (royal assent on 07.04.1923):
- They were withdrawn until 08.09.1923 and exchange into 1, ½ Penny.
- 1940-1945
- German occupation of the Channel Islands:
- 07.08.1940: Ordinance, declares German banknotes and coins legal tender (on 15.08.1940 extended to the Reichskreditkassen); effective immediately
- 03.09.1940: Rating 1 Guernsey Pound = 9.60 German Reichsmark
- 29.09.1942: Rating 1 Guernsey Pound = 9.36 German Reichsmark
- 08.05.1945: Demonetization of the occupation money and exchange at a rate of 1 Pound = 10 German Reichsmark; effective 23.05.1945.
- 28.04.1959
- Law [Currency Notes (Jersey), No. 17] on the issuance of government paper money by the Treasury; effective 05.09.1959 (royal assent on 28.07.1959)
- 1968-1971
- Decimalization of the sub-unit
- 27.11.1968: Law [Decimal Currency (Jersey), No. 7] on the decimalization of the sub-unit; effective 16.05.1969 (royal assent on 23.04.1969)
- 15.12.1970: Law [Decimal Currency (Jersey), No. 4] on the implementation of the 1969 Decimal Currency Law and the issuance of local subsidiary coinage; effective 12.02.1971 (royal assent on 10.02.1971)
- 15.02.1971: Start of issuance of the decimal subsidiary coins denominated "New Pence", the non-decimal (British) coins were not demonetized
- 13.11.1979: Law [Decimal Currency (Amendment No. 2) (Jersey), No. 11], abolishes the "New" from the coin denominations; effective 06.06.1980 (royal assent on 21.05.1980).
Valuation Regimes
- 1834-
- Fixed rate against British Pound
Rate Arrangements
- 01.10.1834
- Fixed
- British Pound at 1 : 1
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