Unroll crescent dough; separate into triangles. Spread 1 teaspoon each of peanut butter and jelly on the wide end of each triange; sprinkle with peanuts.
Roll up each from the wide end and place point side down 2 inches apart on a ungreased baking sheet. Curve ends to form a crescent shape.
Bake spirals at 375 for 11-13 minutes or until lightly browned. Dust with confectioner's sugar.