Convert 1 Argentine Peso (ARS) to Jamaican Dollar (JMD)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Argentine Peso (ARS) to Jamaican Dollar (JMD) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Jamaican Dollar (JMD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Argentine Peso and Jamaican Dollar on 11/21/2024 is 1 ARS = 0.1582 JMD - AVERAGE intraday quotes were used for this currency conversion.
The ARS is the currency code for the Argentine Peso. The current ARS has been somewhat stable since 1992 when the Central Bank of Argentina began effective management of the currency by focusing on a stable ARS to USD exchange rate. This, after 23 years of inflation that devalued the currency by a staggering ten trillion times. The current inflation rate in Argentina hovers around 22%.
ARS pesos are split into 100 units each of which is known as a centavo. The currency is currently minted and issued as coins in the following denominations: 5, 10, 25, and 50 centavos, 1 and 2 pesos; and as banknotes in 2, 5, 10, 20, 50, and 100 pesos denominations.
About Jamaican Dollar (JMD)
The official currency of Jamaica is the Jamaican dollar. It is symbolized in currency trades as JMD and has as its symbol in writing "$", "J$", or "JA$" depending on the context. The JMD is subdivided into 100 subunits known as cents and symbolized as "c".
The Bank of Jamaica issues coins in values of 1, 10, 25 cents as well as 1, 5, 10, and 20 dollars. They issue banknotes in values of 50, 100, 500, and 1000 dollars with a $5000 note under consideration.
The Bank of Jamaica is the central bank of Jamaica, serves under the Minister of Finance of Jamaica, and has as its mission the development and growth of the Jamaican economy.
