Convert Guyanaese Dollar to Jamaican Dollar
Please provide values below to convert Guyanaese Dollar [GYD] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Guyanaese Dollar.
How to Convert Guyanaese Dollar to Jamaican Dollar
1 GYD = 1.30743608564602 JMD
Example: convert 15 GYD to JMD:
15 GYD = 15 × 1.30743608564602 JMD = 19.6115412846902 JMD
Guyanaese Dollar to Jamaican Dollar Conversion Table
Guyanaese Dollar | Jamaican Dollar |
---|
Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.