Convert Jamaican Dollar to Japanese Yen
Please provide values below to convert Jamaican Dollar [JMD] to Japanese Yen [JPY], or Convert Japanese Yen to Jamaican Dollar.
How to Convert Jamaican Dollar to Japanese Yen
1 JMD = 1.09021447757697 JPY
Example: convert 15 JMD to JPY:
15 JMD = 15 × 1.09021447757697 JPY = 16.3532171636546 JPY
Jamaican Dollar to Japanese Yen Conversion Table
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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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.