Convert Brazilian Real to Jamaican Dollar
Please provide values below to convert Brazilian Real [BRL] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Brazilian Real.
How to Convert Brazilian Real to Jamaican Dollar
1 BRL = 0.0347769049366713 JMD
Example: convert 15 BRL to JMD:
15 BRL = 15 × 0.0347769049366713 JMD = 0.52165357405007 JMD
Brazilian Real to Jamaican Dollar Conversion Table
| Brazilian Real | Jamaican Dollar |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.