Convert Philippine Peso to Jamaican Dollar
Please provide values below to convert Philippine Peso [PHP] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Philippine Peso.
How to Convert Philippine Peso to Jamaican Dollar
1 PHP = 0.355717074542019 JMD
Example: convert 15 PHP to JMD:
15 PHP = 15 × 0.355717074542019 JMD = 5.33575611813028 JMD
Philippine Peso to Jamaican Dollar Conversion Table
| Philippine Peso | Jamaican Dollar |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets 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.