Convert Jamaican Dollar to Kuwaiti Dinar
Please provide values below to convert Jamaican Dollar [JMD] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Jamaican Dollar.
How to Convert Jamaican Dollar to Kuwaiti Dinar
1 JMD = 524.156843483955 KWD
Example: convert 15 JMD to KWD:
15 JMD = 15 × 524.156843483955 KWD = 7862.35265225933 KWD
Jamaican Dollar to Kuwaiti Dinar Conversion Table
| Jamaican Dollar | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.