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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 Philippine Peso (PHP) is the official currency of the Philippines, recognized by the symbol '₱'. It is subdivided into 100 centavos and serves as the medium of exchange for goods and services in the country, facilitating trade and economic activities.