Convert Jamaican Dollar to Thai Baht
Please provide values below to convert Jamaican Dollar [JMD] to Thai Baht [THB], or Convert Thai Baht to Jamaican Dollar.
How to Convert Jamaican Dollar to Thai Baht
1 JMD = 4.96940638135388 THB
Example: convert 15 JMD to THB:
15 JMD = 15 × 4.96940638135388 THB = 74.5410957203082 THB
Jamaican Dollar to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.