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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.
Special Drawing Rights (SDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. SDRs are allocated to member countries in proportion to their IMF quotas and can be exchanged among members for freely usable currencies, providing liquidity in the global economy.