Jamaican Dollar in Taiwan New 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.

TWD Taiwan New Dollar

Country of application:
Republic of China (Taiwan)

Coin denominations in circulation:
1, 5, 10, 50 New Taiwan dollars.

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

History reference:
The New Taiwan Dollar is the currency of Taiwan. The Chinese term "New Taiwan dollar" (literally "new Taiwanese currency") is generally only used in banking and legal documents to avoid possible ambi...guity. In Taiwan, the term yuan is widely used in writing, and quai is also used in conversation. The New Taiwan Dollar was issued on June 15, 1949, replacing the Taiwan Dollar, which had been subject to inflation since the end of the Chinese Civil War. The exchange was carried out in the amount of NT$40,000 for NT$1.