JPEG format stands for Joint Photographic Experts Group, the team who developed it. This raster graphic format supports up to 24-bit color, therefore it is suitable for storing digital photos.
JPEG is based on lossy compression, therefore the picture quality will be affected when the file is heavily compressed.
Converting JPEG images will offer users the possibility to preview their images using the same applications.
SInce JPEG format is common for Web graphics, users will convert the images taken from the Internet to other gaphic formats.