Convert Jamaican Dollar to Lebanese Pound
Please provide values below to convert Jamaican Dollar [JMD] to Lebanese Pound [LBP], or Convert Lebanese Pound to Jamaican Dollar.
How to Convert Jamaican Dollar to Lebanese Pound
1 JMD = 0.00178857541899441 LBP
Example: convert 15 JMD to LBP:
15 JMD = 15 × 0.00178857541899441 LBP = 0.0268286312849162 LBP
Jamaican Dollar to Lebanese Pound Conversion Table
| Jamaican Dollar | Lebanese Pound |
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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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.