Convert Jamaican Dollar to Euro
Please provide values below to convert Jamaican Dollar [JMD] to Euro [EUR], or Convert Euro to Jamaican Dollar.
How to Convert Jamaican Dollar to Euro
1 JMD = 187.730151284156 EUR
Example: convert 15 JMD to EUR:
15 JMD = 15 × 187.730151284156 EUR = 2815.95226926234 EUR
Jamaican Dollar to Euro Conversion Table
Jamaican Dollar | Euro |
---|
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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.