Convert Jamaican Dollar to Philippine Peso
Please provide values below to convert Jamaican Dollar [JMD] to Philippine Peso [PHP], or Convert Philippine Peso to Jamaican Dollar.
How to Convert Jamaican Dollar to Philippine Peso
1 JMD = 2.81122293971266 PHP
Example: convert 15 JMD to PHP:
15 JMD = 15 × 2.81122293971266 PHP = 42.1683440956898 PHP
Jamaican Dollar to Philippine Peso Conversion Table
| Jamaican Dollar | Philippine 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.
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.