The Jamaican dollar (JMD) is the official currency of Jamaica. It is issued by the Bank of Jamaica and has been in use since 1962. The JMD is divided into 100 cents and is represented by the symbol J$.
There are several coins in circulation: $1, $5, $10, $20, $50, $100, and $200. The banknotes come in denominations of $50, $100, $500, $1,000, and $5,000.
Converting Jamaican currency to dollars is a straightforward process. You can use a currency converter or exchange rate website to find the current rate.
Here is a step-by-step guide on how to convert JMD to USD:
The currency conversion rate between JMD and USD fluctuates constantly. However, the average rate in 2023 is approximately:
JMD | USD |
---|---|
1 | 0.013 |
10 | 0.13 |
100 | 1.30 |
1,000 | 13.00 |
5,000 | 65.00 |
Converting Jamaican currency to dollars is a simple process. By following the tips and tricks above, you can avoid common mistakes and ensure you get the best possible exchange rate.
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