


MKD information
About Jamaican Dollar (JMD)
The Jamaican Dollar (JMD), introduced in 1969, is not just the currency of Jamaica; it symbolizes the nation's post-independence economic journey and cultural identity. It is commonly abbreviated as JMD and represented by the symbol $.
Historical Background
The Jamaican Dollar was introduced on January 30, 1969, replacing the Jamaican Pound, as Jamaica moved towards decimalization following its independence from Britain in 1962. This shift was a crucial step in asserting Jamaica's economic sovereignty and a departure from its colonial past.
Design and Symbolism
The design of the Jamaican Dollar is a celebration of the nation's rich history and cultural diversity. Banknotes and coins are adorned with portraits of national heroes, such as Marcus Garvey and Nanny of the Maroons, and depict iconic landmarks and scenes representing Jamaica’s natural beauty, such as Dunn's River Falls. These designs serve as a daily reminder of Jamaica’s proud heritage and natural wonders.
Economic Role
The Jamaican Dollar is central to the island's economy, characterized by its tourism sector, bauxite/alumina exports, and agriculture. As the primary medium of exchange, the Jamaican Dollar facilitates trade and commerce, playing a critical role in the economic activities of the nation.
Monetary Policy and Inflation
Managed by the Bank of Jamaica, the Jamaican Dollar has faced challenges such as inflation and devaluation. The central bank's monetary policies aim to stabilize the currency, control inflation, and foster sustainable economic growth. These measures are crucial for maintaining the confidence of both domestic and international investors.
International Trade and the Jamaican Dollar
The Jamaican Dollar's exchange rate plays a significant role in international trade, particularly for Jamaica's key exports and the tourism industry. A stable and competitive exchange rate is essential for maintaining the attractiveness of Jamaican exports and the tourism sector.
Remittances and Economic Impact
Remittances from Jamaicans living abroad, particularly in the United States, United Kingdom, and Canada, are a significant source of foreign income. These funds, converted into Jamaican Dollars, support many families and contribute to the national economy.
STAT to MKD conversion rate trend
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Current STAT to MKD exchange rate
STAT to Jamaican Dollar is rising this week.STAT to MKD Conversion tables
The exchange rate of STAT is increasing.STAT to MKD
MKD to STAT
STAT to MKD Today vs. 24 hours ago
Amount | 08:33 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 STAT | ден2.03 | ден2.07 | -1.88% |
1 STAT | ден4.07 | ден4.15 | -1.88% |
5 STAT | ден20.34 | ден20.73 | -1.88% |
10 STAT | ден40.67 | ден41.45 | -1.88% |
50 STAT | ден203.36 | ден207.27 | -1.88% |
100 STAT | ден406.73 | ден414.54 | -1.88% |
500 STAT | ден2,033.65 | ден2,072.68 | -1.88% |
1000 STAT | ден4,067.3 | ден4,145.36 | -1.88% |
STAT to MKD Today vs. 1 month ago
Amount | 08:33 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 STAT | ден2.03 | ден1.98 | +2.86% |
1 STAT | ден4.07 | ден3.95 | +2.86% |
5 STAT | ден20.34 | ден19.77 | +2.86% |
10 STAT | ден40.67 | ден39.54 | +2.86% |
50 STAT | ден203.36 | ден197.7 | +2.86% |
100 STAT | ден406.73 | ден395.41 | +2.86% |
500 STAT | ден2,033.65 | ден1,977.03 | +2.86% |
1000 STAT | ден4,067.3 | ден3,954.05 | +2.86% |
STAT to MKD Today vs. 1 year ago
Amount | 08:33 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 STAT | ден2.03 | ден3.52 | -42.19% |
1 STAT | ден4.07 | ден7.04 | -42.19% |
5 STAT | ден20.34 | ден35.18 | -42.19% |
10 STAT | ден40.67 | ден70.36 | -42.19% |
50 STAT | ден203.36 | ден351.78 | -42.19% |
100 STAT | ден406.73 | ден703.56 | -42.19% |
500 STAT | ден2,033.65 | ден3,517.79 | -42.19% |
1000 STAT | ден4,067.3 | ден7,035.59 | -42.19% |
How to convert STAT to MKD



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