Convert Macanese Pataca to Jamaican Dollar
Please provide values below to convert Macanese Pataca [MOP] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Macanese Pataca.
How to Convert Macanese Pataca to Jamaican Dollar
1 MOP = 0.0505105339601131 JMD
Example: convert 15 MOP to JMD:
15 MOP = 15 × 0.0505105339601131 JMD = 0.757658009401696 JMD
Macanese Pataca to Jamaican Dollar Conversion Table
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related 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.