Convert Jamaican Dollar to Peruvian Sol
Convert Jamaican Dollar (JMD) to Peruvian Sol (PEN) using daily updated exchange rates.
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Exchange Rate
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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.
About Peruvian Sol
The Peruvian Sol (PEN) - formally the "nuevo sol" (new sun) - was introduced in 1991 as part of a sweeping economic stabilisation programme that ended hyperinflation, which had reached 7,000% annually under the previous inti currency. The name "sol" is the Spanish word for "sun" and reflects the ancient Inca sun deity Inti. The Banco Central de Reserva del Peru manages monetary policy with a managed float. Peru is one of South America's strongest economies and the world's second largest copper producer, as well as a major producer of gold, zinc, and silver.
Quick Reference Table
| Jamaican Dollar (JMD) | Peruvian Sol (PEN) |
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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).