Convert Jamaican Dollar to Nigerian Naira
Please provide values below to convert Jamaican Dollar [JMD] to Nigerian Naira [NGN], or Convert Nigerian Naira to Jamaican Dollar.
How to Convert Jamaican Dollar to Nigerian Naira
1 JMD = 0.104577772734343 NGN
Example: convert 15 JMD to NGN:
15 JMD = 15 × 0.104577772734343 NGN = 1.56866659101515 NGN
Jamaican Dollar to Nigerian Naira Conversion Table
Jamaican Dollar | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.