Convert Jamaican Dollar to British Pound Sterling
Please provide values below to convert Jamaican Dollar [JMD] to British Pound Sterling [GBP], or Convert British Pound Sterling to Jamaican Dollar.
How to Convert Jamaican Dollar to British Pound Sterling
1 JMD = 216.262496622534 GBP
Example: convert 15 JMD to GBP:
15 JMD = 15 × 216.262496622534 GBP = 3243.93744933802 GBP
Jamaican Dollar to British Pound Sterling Conversion Table
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.