Jamaican Dollar in Fijian Dollar

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.

FJD Fijian Dollar

Country of application:
Fiji

Coin denominations in circulation:
5, 10, 20, 50 cents, 1, 2 dollars.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100 dollars.

History reference:
The Fijian dollar (FJD) is the national currency of the Republic of Fiji, an archipelago state with over 300 islands. FJD was first introduced in 1867, but its latest iteration has been around since ...1969. The modern version of the FJD was introduced in 1969, replacing the Fijian pound at a rate of 2 FJD per Fijian pound. Since then, however, the value of the FJD has been allowed to fluctuate freely in the international currency markets. Between October 2015 and October 2020, the value of FJD against the US dollar remained relatively stable at approximately $0.47 per FJD.