Convert New Taiwan Dollar to Jamaican Dollar
Please provide values below to convert New Taiwan Dollar [TWD] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Jamaican Dollar
1 TWD = 0.183442395089878 JMD
Example: convert 15 TWD to JMD:
15 TWD = 15 × 0.183442395089878 JMD = 2.75163592634817 JMD
New Taiwan Dollar to Jamaican Dollar Conversion Table
| New Taiwan Dollar | Jamaican Dollar |
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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.
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.