Jamaican Dollar in Uzbekistani Som

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.

UZS Uzbekistani Som

Country of application:
Uzbekistan

Coin denominations in circulation:
10, 5 and 1 sum.

Denominations of banknotes in circulation:
50,000, 10,000, 5,000, 1,000, 500, 200, 100, 50, 25, 10, 5, 3 and 1 sum.

History reference:
Sum is the national currency of Uzbekistan. It was originally introduced on November 15, 1993 in the form of sum-coupons, a currency parallel to the Soviet ruble to protect the countrys economy from ...excess ruble supply. Since July 1, 1994 - as the only legal tender in Uzbekistan. After the denomination of the Belarusian ruble in 2016, the sum became the cheapest currency among the countries of the former USSR. Since November 15, 1993, in the Republic of Uzbekistan, in order to protect the domestic market from excess ruble supply, additional temporary banknotes "sums" or sum-coupons were introduced in a ratio of 1: 1 to the Soviet ruble. On July 1, 1994, by the Decree of the President of Uzbekistan, a constant currency is put into circulation - the Uzbek Soum at the rate of 1 sum = 1000 sum-coupons. On July 1, 2013, the Central Bank of the Republic of Uzbekistan issued a new banknote with a face value of 5,000 soums. Currently, all banknotes and coins are in circulation, but banknotes up to ten and coins up to twenty-five soums are not used.