Convert Jamaican Dollar to Iranian Rial
Please provide values below to convert Jamaican Dollar [JMD] to Iranian Rial [IRR], or Convert Iranian Rial to Jamaican Dollar.
How to Convert Jamaican Dollar to Iranian Rial
1 JMD = 0.00377206025502282 IRR
Example: convert 15 JMD to IRR:
15 JMD = 15 × 0.00377206025502282 IRR = 0.0565809038253424 IRR
Jamaican Dollar to Iranian Rial Conversion Table
| Jamaican Dollar | Iranian Rial |
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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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.