Convert Jamaican Dollar to Argentine Peso
Please provide values below to convert Jamaican Dollar [JMD] to Argentine Peso [ARS], or Convert Argentine Peso to Jamaican Dollar.
How to Convert Jamaican Dollar to Argentine Peso
1 JMD = 0.126426546198378 ARS
Example: convert 15 JMD to ARS:
15 JMD = 15 × 0.126426546198378 ARS = 1.89639819297567 ARS
Jamaican Dollar to Argentine Peso Conversion Table
| Jamaican Dollar | Argentine Peso |
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.