Convert Jamaican Dollar to Australian Dollar
Please provide values below to convert Jamaican Dollar [JMD] to Australian Dollar [AUD], or Convert Australian Dollar to Jamaican Dollar.
How to Convert Jamaican Dollar to Australian Dollar
1 JMD = 104.680551922574 AUD
Example: convert 15 JMD to AUD:
15 JMD = 15 × 104.680551922574 AUD = 1570.20827883861 AUD
Jamaican Dollar to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.