Convert Jamaican Dollar to Canadian Dollar
Please provide values below to convert Jamaican Dollar [JMD] to Canadian Dollar [CAD], or Convert Canadian Dollar to Jamaican Dollar.
How to Convert Jamaican Dollar to Canadian Dollar
1 JMD = 117.488073394495 CAD
Example: convert 15 JMD to CAD:
15 JMD = 15 × 117.488073394495 CAD = 1762.32110091743 CAD
Jamaican Dollar to Canadian Dollar 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.