Convert Jamaican Dollar to New Taiwan Dollar
Please provide values below to convert Jamaican Dollar [JMD] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Jamaican Dollar.
How to Convert Jamaican Dollar to New Taiwan Dollar
1 JMD = 5.45130257108803 TWD
Example: convert 15 JMD to TWD:
15 JMD = 15 × 5.45130257108803 TWD = 81.7695385663204 TWD
Jamaican Dollar to New Taiwan Dollar Conversion Table
| Jamaican Dollar | New Taiwan Dollar |
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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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.