Convert Japanese Yen to Jamaican Dollar
Please provide values below to convert Japanese Yen [JPY] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Japanese Yen.
How to Convert Japanese Yen to Jamaican Dollar
1 JPY = 0.917250706688948 JMD
Example: convert 15 JPY to JMD:
15 JPY = 15 × 0.917250706688948 JMD = 13.7587606003342 JMD
Japanese Yen to Jamaican Dollar Conversion Table
Japanese Yen | Jamaican Dollar |
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
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.