Convert Jamaican Dollar to Somali Shilling
Please provide values below to convert Jamaican Dollar [JMD] to Somali Shilling [SOS], or Convert Somali Shilling to Jamaican Dollar.
How to Convert Jamaican Dollar to Somali Shilling
1 JMD = 0.280130218486783 SOS
Example: convert 15 JMD to SOS:
15 JMD = 15 × 0.280130218486783 SOS = 4.20195327730175 SOS
Jamaican Dollar to Somali Shilling Conversion Table
| Jamaican Dollar | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.