Convert Algerian Dinar to Jamaican Dollar
Convert Algerian Dinar (DZD) to Jamaican Dollar (JMD) using daily updated exchange rates.
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Exchange Rate
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About Algerian Dinar
The Algerian Dinar (DZD) has been the official currency of Algeria since 1964, replacing the Algerian franc used during the French colonial period. The Banque d'Algerie manages monetary policy. Algeria is the largest country in Africa by land area and holds significant hydrocarbon reserves - oil and natural gas account for the majority of government revenues and export earnings. The dinar operates under a managed float exchange regime and is not freely convertible. Algeria has used foreign exchange controls and import restrictions to manage its balance of payments.
About Jamaican Dollar
The Jamaican Dollar (JMD) has been the official currency of Jamaica since 1969, replacing the Jamaican pound following decimalisation. The Bank of Jamaica manages monetary policy with a floating exchange rate, and the JMD has depreciated steadily over the decades relative to major currencies. Jamaica's economy depends heavily on tourism, bauxite and alumina exports, and remittances from the large Jamaican diaspora in the United States, United Kingdom, and Canada. The dollar is divided into 100 cents.
Quick Reference Table
| Algerian Dinar (DZD) | Jamaican Dollar (JMD) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).