Convert Jamaican Dollar to Saudi Riyal
Please provide values below to convert Jamaican Dollar [JMD] to Saudi Riyal [SAR], or Convert Saudi Riyal to Jamaican Dollar.
How to Convert Jamaican Dollar to Saudi Riyal
1 JMD = 42.6873333333333 SAR
Example: convert 15 JMD to SAR:
15 JMD = 15 × 42.6873333333333 SAR = 640.31 SAR
Jamaican Dollar to Saudi Riyal Conversion Table
| Jamaican Dollar | Saudi Riyal |
|---|
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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.