Convert Kuwaiti Dinar to Jamaican Dollar
Please provide values below to convert Kuwaiti Dinar [KWD] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Jamaican Dollar
1 KWD = 0.00190782589683122 JMD
Example: convert 15 KWD to JMD:
15 KWD = 15 × 0.00190782589683122 JMD = 0.0286173884524683 JMD
Kuwaiti Dinar to Jamaican Dollar Conversion Table
| Kuwaiti Dinar | Jamaican Dollar |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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.