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Easily convert JMD to MGA with ConvertOnline's efficient tool.
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country. It is subdivided into 100 cents and is issued by the Bank of Jamaica, which is responsible for regulating monetary policy and maintaining financial stability in the nation.
The Malagasy Ariary (MGA) is the official currency of Madagascar, a country located off the southeastern coast of Africa. Introduced in 2005, it replaced the former Malagasy franc at a rate of 1,000 francs to 1 ariary, serving as a medium of exchange for goods and services within the nation.