Convert Jamaican Dollar to Turkish Lira
Please provide values below to convert Jamaican Dollar [JMD] to Turkish Lira [TRY], or Convert Turkish Lira to Jamaican Dollar.
How to Convert Jamaican Dollar to Turkish Lira
1 JMD = 3.95832663628473 TRY
Example: convert 15 JMD to TRY:
15 JMD = 15 × 3.95832663628473 TRY = 59.374899544271 TRY
Jamaican Dollar to Turkish Lira Conversion Table
| Jamaican Dollar | Turkish Lira |
|---|
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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.