TRY to JMD

TRY - Turkish Lira ()
JMD - Jamaican Dollar ($)
1 TRY1 JMD

Currency conversion rates from TRY to JMD

TRYJMD
1 TRY1 JMD
5 TRY5 JMD
10 TRY10 JMD
20 TRY20 JMD
50 TRY50 JMD
100 TRY100 JMD
250 TRY250 JMD
500 TRY500 JMD
1000 TRY1000 JMD
2000 TRY2000 JMD
5000 TRY5000 JMD
10000 TRY10000 JMD
JMDTRY
1 JMD1 TRY
5 JMD5 TRY
10 JMD10 TRY
20 JMD20 TRY
50 JMD50 TRY
100 JMD100 TRY
250 JMD250 TRY
500 JMD500 TRY
1000 JMD1000 TRY
2000 JMD2000 TRY
5000 JMD5000 TRY
10000 JMD10000 TRY

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$)


TRY - Turkish Lira (TL)

The Turkish lira, usually abbreviated as TL, is the official currency of Turkey and the Turkish Republic of Northern Cyprus. Its symbol is ₺ and its official currency code is TRY. The most popular lira exchange is with the euro. The lira has 6 significant currency conversion factor digits, and is considered fiat currency. It’s the 16th most traded currency in the world by value.

The Turkish Lira is the official currency of Turkey. It is subdivided into 100 kurus. All the notes and coins have portraits on the obverse side of Mustafa Kemal Atatürk at different points of his life since the 1930s. The Central Bank of Turkey is holding a contest to find a new currency sign.

The Turkish Lira is the currency in Turkey (TR, TUR), and Northern Cyprus. The Turkish Lira is also known as the Yeni Turk Lirasi. The symbol for TRY can be written YTL. The Turkish Lira is divided into 100 new kurus. The exchange rate for the Turkish Lira was last updated on May 24, 2019 from Yahoo Finance. The TRY conversion factor has 5 significant digits.

Economy

  • Turkey has a well-developed economy. It is among the world’s leading producers of agricultural products, textiles, motor vehicles, ships and other transportation equipment, construction materials, consumer electronics, and home appliances.
  • In recent years, Turkey’s private sector has been growing rapidly, but the state still plays a major role in industry, banking, communications, and transport.
  • Turkey has the world’s 15th largest GDP-PPP and the 17th largest nominal GDP. The country is a founding member of the OECD (1961) and is one of the G20 major economies (1999).
  • The World Bank classifies Turkey as an upper-middle income country in terms of its per capita GDP in the year 2007. According to a survey by Forbes magazine, Istanbul, Turkey’s financial capital, had a total of 28 billionaires as of March 2010 (down from 35 in 2008), which ranks it 4th in the world behind New York City (60 billionaires), Moscow (50 billionaires), and London (32 billionaires).
  • Turkey has had high inflation rates compared to other developed countries, but has never experienced hyperinflation.

History

  • Because of chronic inflation in Turkey from the 1970s to the 1990s, the Lira depreciated greatly in value.
  • In the last few years, the Turkish Lira has stabilized and even risen against the US Dollar and the Euro.
  • The Lira had slid in value to such an extent that, before the 2005 revaluation, one original gold Lira coin was worth approximately 120,000,000 Lira.

More information about TRY - Turkish Lira (TL)