Jamaican Dollar in Surinamese 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.

SRD Surinamese Dollar

Country of application:
Suriname

Coin denominations in circulation:
1, 5, 10, 25, 100, 250 cents.

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

History reference:
The Suriname dollar is the currency of the Republic of Suriname. From the end of the 17th century, the Surinamese guilder was used as a currency in Suriname, which was in circulation on a par with th...e Dutch guilder. In 1940, after the occupation of the Netherlands by Germany, the Surinamese guilder was pegged to the US dollar at a ratio of 1.88585 guilders to 1 dollar. High inflation in the early 1990s caused the Surinamese guilder to depreciate catastrophically, prompting a monetary reform. In the main circulation there are banknotes of 5, 10, 20, 50 and 100 Surinamese dollars issued in 2004 and 2010, as well as coins in denominations of 250, 100, 25, 10, 5 and 1 cent. The images on banknotes of 2010 are identical to the images on banknotes of 2004, only some degrees of protection have been added (holograms, etc.)