Convert New Zealand Dollar to Jamaican Dollar
Please provide values below to convert New Zealand Dollar [NZD] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to New Zealand Dollar.
How to Convert New Zealand Dollar to Jamaican Dollar
1 NZD = 0.0104261998094673 JMD
Example: convert 15 NZD to JMD:
15 NZD = 15 × 0.0104261998094673 JMD = 0.156392997142009 JMD
New Zealand Dollar to Jamaican Dollar Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.