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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 United States Dollar (USD) is the official currency of the United States and is widely used as a global reserve currency. It plays a crucial role in international trade and finance, serving as a standard unit of account for many countries around the world.