Convert Chinese Yuan (Offshore) to Jamaican Dollar
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Jamaican Dollar
1 CNH = 0.0448002936077837 JMD
Example: convert 15 CNH to JMD:
15 CNH = 15 × 0.0448002936077837 JMD = 0.672004404116756 JMD
Chinese Yuan (Offshore) to Jamaican Dollar Conversion Table
| Chinese Yuan (Offshore) | Jamaican Dollar |
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Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.
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.