Convert Jamaican Dollar to South Korean Won
Please provide values below to convert Jamaican Dollar [JMD] to South Korean Won [KRW], or Convert South Korean Won to Jamaican Dollar.
How to Convert Jamaican Dollar to South Korean Won
1 JMD = 0.115782463861536 KRW
Example: convert 15 JMD to KRW:
15 JMD = 15 × 0.115782463861536 KRW = 1.73673695792303 KRW
Jamaican Dollar to South Korean Won Conversion Table
| Jamaican Dollar | South Korean Won |
|---|
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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.