EGP to JMD
Currency conversion rates from EGP to JMD
|1 EGP||1 JMD|
|5 EGP||5 JMD|
|10 EGP||10 JMD|
|20 EGP||20 JMD|
|50 EGP||50 JMD|
|100 EGP||100 JMD|
|250 EGP||250 JMD|
|500 EGP||500 JMD|
|1000 EGP||1000 JMD|
|2000 EGP||2000 JMD|
|5000 EGP||5000 JMD|
|10000 EGP||10000 JMD|
|1 JMD||1 EGP|
|5 JMD||5 EGP|
|10 JMD||10 EGP|
|20 JMD||20 EGP|
|50 JMD||50 EGP|
|100 JMD||100 EGP|
|250 JMD||250 EGP|
|500 JMD||500 EGP|
|1000 JMD||1000 EGP|
|2000 JMD||2000 EGP|
|5000 JMD||5000 EGP|
|10000 JMD||10000 EGP|
EGP - Egyptian Pound (E£)
The official currency of Egypt is the Egyptian Pound (EGP). The symbol used for the EGP is E£ or in Arabic ( ج.م). The Egyptian Pound is subdivided into smaller currency denomination known as qirsh or millimes. 1 EGP = 100 qirsh = 1000 millemes.
The Egyptian Pound is the currency in Egypt (EG, EGY). The symbol for EGP can be written E. The Egyptian Pound is divided into 100 piasters or 1000 milliemes. The exchange rate for the Egyptian Pound was last updated on May 24, 2019 from Yahoo Finance. The EGP conversion factor has 4 significant digits.
- The Egyptian economy is becoming more market-orientated.
- The main industries are metal, tourism, chemicals, textiles, pharmaceuticals, light manufacturers, food processing, hydrocarbons, construction, and cement.
- Export products are petroleum and crude oil products, textiles, cotton, agricultural goods, metal products, and chemicals.
- Import products are wood products, fuels, chemicals, equipment, machinery, and food stuffs.
- Unemployment in the country is estimated at 9.7%.
- The yearly GDP growth is rated at 2.6%.
- The Egyptian Pound, also known as gineih, was replaced the Egyptian Piastre. The Piastre = 1/100 of a Pound. It was subdivided into 40 para.
- In 1885, the para was taken out of circulation and the piastre was subdivided into tenths. In 1916 the tenths were renamed millimes.
- Egypt used the gold standard from 1885 to 1914. 1 EGP = 7.4375 grams of gold. After the outbreak of World War I, Egypt moved to the British Pound and was part of the Sterling era until 1962. In the same year the EGP switched over to the US Dollar and was pegged at 1 EGP = 2.3 USD.
- In 1973, the peg was changed to the British Pound again.
- In 1989, the Pound floated; however, the Central Bank of Egypt tightly managed the control of foreign exchange.
- In 2005, the 1 Pound and 50 pastrie coins were introduced.
- In 2009, Egypt started phasing out 1 Pound and half-pound notes.
JMD - Jamaican Dollar (J$)
The Jamaican Dollar is the official currency of Jamaica. Jamaica is an island nation of the Greater Antilles. The new Jamaican Dollar differs from all other dollars in the British West Indies because it was based on the half-pound sterling. All other dollars were founded on either the US Dollar or the Spanish Dollar.
The Jamaican Dollar is the currency in Jamaica (JM, JAM). The symbol for JMD can be written J$. The Jamaican Dollar is divided into 100 cents. The exchange rate for the Jamaican Dollar was last updated on May 24, 2019 from Yahoo Finance. The JMD conversion factor has 5 significant digits.
- Jamaica is a mixed economy with state enterprises and private sector companies.
- The main sectors of the Jamaican economy are agriculture, mining, manufacturing, tourism, and financial services and insurance.
- Tourism and mining are the main sources of foreign exchange.
- Half of Jamaica's economy is based on services, and half of its revenues are from services such as tourism. An estimated 1.3 million foreign tourists visit Jamaica each year.
- The history of the Jamaican Dollar should not be seen in isolation from the British West Indies as a whole. Its unique feature was that it was the only territory in the British West Indies to use special issues of the British Pound Sterling, except for the four pence groat coin issued for all the British West Indies.
- Replacement coins valued at 1 cent (for 1.2 pence), 5 cents (for 6 pence), 10 cents (for1 shilling), 20 cents (for 2 shillings), and 25 cents (for 2 shillings 6 pence) were produced. With the exception of the United Nations small bronze penny, the compositions, sizes, and shapes of the coins were identical to those they replaced.
- The Jamaican Dollar value fluctuates, but in January 2011 it was at approximately 85 USD.