Jamaican dollar

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The dollar (currency code JMD) has been the currency of Jamaica since 1968. It is normally abbreviated with the dollar sign $, or alternatively JA$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

History

On January 30, 1968, the Jamaican House of Representatives voted to decimalize the currency by introducing the dollar, worth 10 shillings, to replace the pound.

At the time of its introduction, coins of 1 cent (1.2d), 5 cent (6d), 10 cent (1/-), 20 cent (2/-) and 25 cent (2/6) were produced and banknotes of 50 cent (5/-), $1 (10/-), $2 (£1), and $10 (£5). These coins and banknotes went into circulation on September 8, 1969.

The Jamaican dollar was used not only by Jamaica, but also by the Cayman Islands, a former dependency of Jamaica, until 1972. In that year, the territory stopped using the Jamaican dollar, and adopted its own currency (the Cayman Islands dollar).

In circulation

Coins currently in circulation

1 cent
10 cent
25 cent
$1 (replaced bill in 1989)
$5 (denomination introduced as bill October 20, 1970; replaced with coin in 1994)
$10 (replaced bill in 1999)
$20 (denomination introduced as bill 1974, replaced with coin 2000)

Banknotes currently in circulation

$50 (introduced 1988)
$100 (introduced 1986)
$500 (introduced 1994)
$1000 (introduced 2000)

The $2 bill was dropped in 1989 as were the 20 cent and 50 cent coins (the 50 cent coin had replaced the 50 cent bill in 1974). The 5 cent coin was dropped in 1994

External links

Currencies of the Americas
Northern America	Bermuda dollar > Canadian dollar \| Danish krone (Greenland) \| Euro (Saint-Pierre et Miquelon) \| US dollar \| Mexican peso
Central America	Belize dollar \| Costa Rican colón \| Guatemalan quetzal \| Honduran lempira \| Nicaraguan córdoba \| Panamanian balboa \| US dollar (El Salvador)
Caribbean	Aruban florin > Bahamian dollar \| Barbados dollar \| Cayman Islands dollar \| Cuban peso \| Cuban convertible peso \| Dominican peso \| East Caribbean dollar \| Euro (Guadeloupe, Martinique) \| Haitian gourde \| Jamaican dollar \| Netherlands Antillean gulden \| Trinidad and Tobago dollar \| US dollar (British Virgin Islands, Puerto Rico, Turks and Caicos Islands, U.S. Virgin Islands)
South America	Argentine peso > Bolivian boliviano \| Brazilian real \| Chilean peso \| Colombian peso \| Euro (French Guiana) \| Falkland Islands pound \| Guyanese dollar \| Paraguayan guaraní \| Peruvian nuevo sol \| Suriname dollar \| US dollar (Ecuador) \| Uruguayan peso \| Venezuelan bolívar
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