Convert Moroccan Dirham to Jamaican Dollar
Please provide values below to convert Moroccan Dirham [MAD] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Moroccan Dirham.
How to Convert Moroccan Dirham to Jamaican Dollar
1 MAD = 0.0562746169823992 JMD
Example: convert 15 MAD to JMD:
15 MAD = 15 × 0.0562746169823992 JMD = 0.844119254735987 JMD
Moroccan Dirham to Jamaican Dollar Conversion Table
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.