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The Jersey Pound (JEP) is the official currency of Jersey, one of the Channel Islands. It is pegged to the British Pound Sterling at par, meaning that one Jersey Pound is equivalent to one British Pound. The currency is used for daily transactions within the island and is also accepted in some areas of the UK.
The Gibraltar Pound (GIP) is the official currency of Gibraltar, a British Overseas Territory located at the southern tip of the Iberian Peninsula. It is pegged to the British Pound Sterling (GBP) at par, meaning one Gibraltar Pound is equal to one British Pound. The GIP is primarily used for everyday transactions within Gibraltar, although the British Pound is also accepted widely.