Convert Chinese Yuan to Jamaican Dollar
Please provide values below to convert Chinese Yuan [CNY] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Chinese Yuan.
How to Convert Chinese Yuan to Jamaican Dollar
1 CNY = 0.044815167653168 JMD
Example: convert 15 CNY to JMD:
15 CNY = 15 × 0.044815167653168 JMD = 0.67222751479752 JMD
Chinese Yuan to Jamaican Dollar Conversion Table
| Chinese Yuan | Jamaican Dollar |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.