Convert Jamaican Dollar to Qatari Riyal
Convert Jamaican Dollar (JMD) to Qatari Riyal (QAR) 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 Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
Quick Reference Table
| Jamaican Dollar (JMD) | Qatari Riyal (QAR) |
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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).