JMD to PYG

JMD - Jamaican Dollar ($)
PYG - Paraguayan Guarani (Gs.)
1 JMD1 PYG

Currency conversion rates from JMD to PYG

JMDPYG
1 JMD1 PYG
5 JMD5 PYG
10 JMD10 PYG
20 JMD20 PYG
50 JMD50 PYG
100 JMD100 PYG
250 JMD250 PYG
500 JMD500 PYG
1000 JMD1000 PYG
2000 JMD2000 PYG
5000 JMD5000 PYG
10000 JMD10000 PYG
PYGJMD
1 PYG1 JMD
5 PYG5 JMD
10 PYG10 JMD
20 PYG20 JMD
50 PYG50 JMD
100 PYG100 JMD
250 PYG250 JMD
500 PYG500 JMD
1000 PYG1000 JMD
2000 PYG2000 JMD
5000 PYG5000 JMD
10000 PYG10000 JMD

JMD - Jamaican Dollar (J$)

Jamaican Dollar

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.

Economy

  • 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.

History

  • 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.

More information about JMD - Jamaican Dollar (J$)


PYG - Paraguayan Guarani ()

Paraguayan Guarani

The Guaraní is the official currency of Paraguay. It was subdivided into 100 céntimos, but they are no longer in use.

The Paraguay Guarani is the currency in Paraguay (PY, PRY). The symbol for PYG can be written G. The Paraguay Guarani is divided into 100 centimos. The exchange rate for the Paraguay Guarani was last updated on May 24, 2019 from Yahoo Finance. The PYG conversion factor has 5 significant digits.

Economy

  • Paraguay owns an economical market that is characterized with a huge non-formal region.
  • Agriculture dictates the economic system, however inequal land partition has caused in a huge area of peasant farm workers.
  • A large proportion of the inhabitants is uninvolved within the formal economy; instead working in agriculture.
  • Lately, the economic system has grown because of increased agrarian exports, particularly soybeans.
  • Fiscal fluctuations, particularly in financial policy, have helped to develop Paraguay’s economic state.
  • Paraguay benefits from the increased wealth of a younger population as well as huge hydroelectric capability. However, very few natural resources and political instabilitystate has undercut many of the country's economic advantages at present.
  • Paraguay was probably the most agrarian economic system within South America, and that region influenced with the efficiency of just about every single area of the economic state.

History

  • The primary Guaraní notes had been of fifty céntimos, 1o, 5, and 1 Guaraní over stamped on 50, a hundred, 500, and one thousand Pesos since 1943.
  • The currency family further expanded with the issuance of 5,000 and 10,000 Guaranies.
  • The 1982 revision added denominations within the Guaraní language to the reverses.
  • The first 50,000 Guaraníes banknotes were circulated in 1990, as well as 100, 000 Guaraníes in 1998.
  • Modern 50,000 Guaraníes banknotes were issued in 2005, however several forgeries came into existance prior to the official introduction.  As such, these bills were declared fake and worthless by the central bank.
  • Starting in 2004, all existing denominations, except 50,000 Guaraníes, underwent small adjustments, such as a more subtle and borderless watermark and enhanced safety features.

More information about PYG - Paraguayan Guarani ()