Convert Jamaican Dollar to Tanzanian Shilling
Please provide values below to convert Jamaican Dollar [JMD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Jamaican Dollar.
How to Convert Jamaican Dollar to Tanzanian Shilling
1 JMD = 0.0622840276948807 TZS
Example: convert 15 JMD to TZS:
15 JMD = 15 × 0.0622840276948807 TZS = 0.93426041542321 TZS
Jamaican Dollar to Tanzanian Shilling Conversion Table
| Jamaican Dollar | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.