Convert Canadian Dollar to Jamaican Dollar
Please provide values below to convert Canadian Dollar [CAD] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Canadian Dollar.
How to Convert Canadian Dollar to Jamaican Dollar
1 CAD = 0.00851150224110197 JMD
Example: convert 15 CAD to JMD:
15 CAD = 15 × 0.00851150224110197 JMD = 0.127672533616529 JMD
Canadian Dollar to Jamaican Dollar Conversion Table
| Canadian Dollar | Jamaican Dollar |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.