Convert Qatari Rial to Jamaican Dollar
Please provide values below to convert Qatari Rial [QAR] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Qatari Rial.
How to Convert Qatari Rial to Jamaican Dollar
1 QAR = 0.0227389858037513 JMD
Example: convert 15 QAR to JMD:
15 QAR = 15 × 0.0227389858037513 JMD = 0.34108478705627 JMD
Qatari Rial to Jamaican Dollar Conversion Table
Qatari Rial | Jamaican Dollar |
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.