Convert Malaysian Ringgit to Jamaican Dollar
Please provide values below to convert Malaysian Ringgit [MYR] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Jamaican Dollar
1 MYR = 0.0264334462994487 JMD
Example: convert 15 MYR to JMD:
15 MYR = 15 × 0.0264334462994487 JMD = 0.396501694491731 JMD
Malaysian Ringgit to Jamaican Dollar Conversion Table
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.