Jamaican Dollar in Danish Krone

JMD Jamaican Dollar

Country of application:
Jamaica

Coin denominations in circulation:
1, 5, 10, 20 dollars.

Denominations of banknotes in circulation:
50, 100, 500, 1000 dollars.

History reference:
The Jamaican dollar is the national currency of Jamaica. Until 1840, the British pound, Spanish reals and local coins circulated in Jamaica. Then the Jamaican pound was introduced, which in 1914 was ...equated to the pound sterling, and from 1955 to the West Indian dollars. The earliest money in Jamaica were Spanish copper coins called maravedi. This is due to the fact that for almost four hundred years, Spanish dollars, known as pieces of eight, were widely used on world trade routes, including the Caribbean region. However, after the revolutionary wars in Latin America, the source of these silver trade coins dried up. The last Spanish dollar was minted at the Potosi Mint in 1825. The United Kingdom adopted a very successful gold standard in 1821, so 1825 was the right time. to introduce the coinage of British sterling in all British colonies.

DKK Danish Krone

Country of application:
Denmark, Greenland, Faroe Islands

Coin denominations in circulation:
20, 10, 5, 2, 1 krone, as well as 50 ore.

Denominations of banknotes in circulation:
1,000, 500, 200, 100 and 50 kroons.

History reference:
The Danish krone is the national currency of Denmark, which is also used in Greenland and the Faroe Islands. The Kingdom of Denmark is a community of states and self-governing territories united unde...r a constitutional monarchy, which consists of three autonomous entities: Denmark, Greenland and the Faroe Islands. The Danish currency is pegged to the euro at a fixed exchange rate of 7.4 kroons to 1 euro, which is expected to be maintained until the country joins the eurozone. The Danish currency is used for cash payments and wire transfers in Greenland. It is also in circulation in the Faroe Islands at a 1:1 local krone exchange rate.