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Money in Jamaica

by G Dhillon
(London, England)


Money in Jamaica


QUESTION:

Hi, I am coming to Jamaica in two weeks. Is it better to use the US Dollar or the Jamaican Dollar, I am getting mixed responses

Many thanks.




ANSWER: Feb-23-2009 by Wellesley Gayle

Hi G Dhillon,

In brief, I would say you need both.

Regardless of your reason for visit- business or leisure, you’ll still be able to conduct transactions in both currencies.

I suspect you might need more USD but it is still useful to have some Jamaican- especially to hand off as tips or to pay for some local services.

If you should force me to tell you how much of each, I would probably say, an 80/20 split, (USD vs Jamaican)

Of course, you recognize that the Jamaican Dollar is not going to be of much value when you get back home- if you have leftovers, so there goes another reason not to keep too much Jamaican.

Please take a look at my page on the Jamaican Currency for even more detail and exchange rates.

Regards,
Wellesley

Comments for
Money in Jamaica

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Feb 25, 2009
money in jamaica
by: g dhillon

thanks for the response, just one thing more.

Is it better to change my money in Jamaica or before I travel.

thanks

(Answer by W.Gayle: It should be easier to get Jamaican money when you get here)

May 10, 2009
$JA vs $US
by: Jean

If you are going to an all inclusive hotel I would definitely take US$(get US travellers cheques and change as required).

I have found the UK Post Office give the best rates, especially JA$ as they get them from MoneyGram. Use the Cambios, as hotels don?t give best rates and banks take forever!

Otherwise don?t bother with US$ as the majority of times you will get JA$ as change and it gets confusing. I take just take cash and change it as required.

Also I find that things are cheaper in JA$.

Remember to always take your passport with you, even if you are changing cash in a bank. Also never change money at the airport. I must admit that to me I am in my beloved JA and not the US and will only deal in JA$!


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