Convert Jamaican Dollar to Chinese Yuan (Offshore)
Please provide values below to convert Jamaican Dollar [JMD] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Jamaican Dollar.
How to Convert Jamaican Dollar to Chinese Yuan (Offshore)
1 JMD = 22.3212822834326 CNH
Example: convert 15 JMD to CNH:
15 JMD = 15 × 22.3212822834326 CNH = 334.819234251488 CNH
Jamaican Dollar to Chinese Yuan (Offshore) Conversion Table
| Jamaican Dollar | Chinese Yuan (Offshore) |
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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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.