Convert Swiss Franc to Jamaican Dollar
Please provide values below to convert Swiss Franc [CHF] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Swiss Franc.
How to Convert Swiss Franc to Jamaican Dollar
1 CHF = 0.00496571972950602 JMD
Example: convert 15 CHF to JMD:
15 CHF = 15 × 0.00496571972950602 JMD = 0.0744857959425903 JMD
Swiss Franc to Jamaican Dollar Conversion Table
| Swiss Franc | Jamaican Dollar |
|---|
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.