Convert Jamaican Dollar to Bahamian Dollar
Please provide values below to convert Jamaican Dollar [JMD] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Jamaican Dollar.
How to Convert Jamaican Dollar to Bahamian Dollar
1 JMD = 160.0775 BSD
Example: convert 15 JMD to BSD:
15 JMD = 15 × 160.0775 BSD = 2401.1625 BSD
Jamaican Dollar to Bahamian Dollar Conversion Table
| Jamaican Dollar | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.