Convert Jamaican Dollar to Barbadian Dollar
Please provide values below to convert Jamaican Dollar [JMD] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Jamaican Dollar.
How to Convert Jamaican Dollar to Barbadian Dollar
1 JMD = 80.03875 BBD
Example: convert 15 JMD to BBD:
15 JMD = 15 × 80.03875 BBD = 1200.58125 BBD
Jamaican Dollar to Barbadian Dollar Conversion Table
| Jamaican Dollar | Barbadian Dollar |
|---|
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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.