Convert Jamaican Dollar to Armenian Dram
Please provide values below to convert Jamaican Dollar [JMD] to Armenian Dram [AMD], or Convert Armenian Dram to Jamaican Dollar.
How to Convert Jamaican Dollar to Armenian Dram
1 JMD = 0.416810960987155 AMD
Example: convert 15 JMD to AMD:
15 JMD = 15 × 0.416810960987155 AMD = 6.25216441480733 AMD
Jamaican Dollar to Armenian Dram Conversion Table
| Jamaican Dollar | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.