Convert Jamaican Dollar to Peruvian Nuevo Sol
Please provide values below to convert Jamaican Dollar [JMD] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Jamaican Dollar.
How to Convert Jamaican Dollar to Peruvian Nuevo Sol
1 JMD = 44.9946594710065 PEN
Example: convert 15 JMD to PEN:
15 JMD = 15 × 44.9946594710065 PEN = 674.919892065098 PEN
Jamaican Dollar to Peruvian Nuevo Sol Conversion Table
| Jamaican Dollar | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.