AWG to JMD - Currency converter
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Currency Pair AWG/JMD: Aruban Florin and Jamaican Dollar
The currency pair AWG/JMD represents the exchange rate between the Aruban Florin (AWG) and the Jamaican Dollar (JMD). These two currencies are used in their respective countries, Aruba and Jamaica, and have unique characteristics that influence their exchange rate.
Aruban Florin (AWG)
The Aruban Florin, with the currency code AWG, is the official currency of Aruba, an island that is part of the Kingdom of the Netherlands. The florin was introduced in 1986, replacing the Netherlands Antillean guilder. One Aruban Florin is divided into 100 cents. The currency is pegged to the United States Dollar (USD) at a fixed exchange rate of 1 AWG = 1.79 USD. This provides stability and security for both tourists and the local population.
Jamaican Dollar (JMD)
The Jamaican Dollar, with the currency code JMD, is the official currency of Jamaica. It was introduced in 1969, replacing the former Jamaican pound. One Jamaican Dollar is divided into 100 cents. The exchange rate for JMD is floating, meaning it is influenced by market dynamics such as demand and supply, as well as economic factors like inflation and interest rates.
Convert Between AWG and JMD
On our website, you can easily convert between the Aruban Florin (AWG) and the Jamaican Dollar (JMD) as well as other currencies. Follow these simple steps:
- Enter the amount you want to convert.
- Select the base currency (AWG or JMD).
- Choose the target currency (AWG or JMD).
- The conversion will be done automatically.
To help you make informed decisions, we also provide a chart with historical exchange rates for the currency pair AWG/JMD. This gives you a visual understanding of how the exchange rate has changed over time.
Historical Exchange Rates
The chart of historical exchange rates for AWG/JMD provides an overview of how these two currencies have performed against each other during different time periods. This can be particularly useful for investors and travelers who want to understand trends and patterns in the currency market.
Summary
Understanding the currency pair AWG/JMD is important for anyone involved in international business, travel, or investments between Aruba and Jamaica. Our currency converter makes it easy to convert amounts between these two currencies, and our historical chart provides additional insights to help you make informed decisions.