Convert Jamaican Dollar to Mozambican Metical
Please provide values below to convert Jamaican Dollar [JMD] to Mozambican Metical [MZN], or Convert Mozambican Metical to Jamaican Dollar.
How to Convert Jamaican Dollar to Mozambican Metical
1 JMD = 2.51605962060472 MZN
Example: convert 15 JMD to MZN:
15 JMD = 15 × 2.51605962060472 MZN = 37.7408943090709 MZN
Jamaican Dollar to Mozambican Metical Conversion Table
| Jamaican Dollar | Mozambican Metical |
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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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.