Stay up-to-date with all that's new at My-Island-Jamaica, Click Here to subscribe for my updates and don't miss a thing!

Jamaica Currency
History, Denominations  & Current Exchange Rates

Sharing Is Caring! Share this awesome content with your friends now.

start_here_if_new_image_link

Don't Risk your vacation! Use a trusted and dependable tour guide!

Custom Search





The Jamaica Currency 
Contributed by Stacey Ann Gayle

Denoted by the code JMD, our local currency comes in the form of notes and coins, or dollars and cents.


New!  See the real Jamaica in VIDEOS

Click Here to visit to my fun YouTube channel - you'll love it!


jamaica currency - denominationsJamaica Currency | Paper Denominations except the $5000

Jamaica Currency History

The first monies that were used here were pesos, reales and coins (gold and silver) used by the Spaniards, and pounds, shilling and pence use by the British.

In the 1960’s the Bank of Jamaica was given sole responsibility by the Jamaican parliament for providing coins and notes to be officially used for our currency.

The front of these moneys (then) bore a portrait of Queen Elizabeth 11, the Jamaican coat of arms, and the signature of the first governor of the bank, Stanley w. Payton. On the back appeared different images of Jamaican life.

Jamaican Currency Today

jamaica currency

Our money today can be identified either by a former national hero (or heroine), or a past leader of the country.

Also some national symbol would be on it too, for example the ackee - the national fruit, or the National Coat of Arms.

Growing up we would have these moneys in notes ranging from 50¢; $2.00; $5; $10 and $20 and could be used to purchase a lot of items at the local shop or supermarket.

Nowadays you will find them in coins of various shapes and sizes; sadly though, they cannot be used to purchase much - if anything at all!

The notes that are currently used today are the $50; $100; $500, $1000 and $5,000. All Jamaican notes have the same size and shape. The coins that are currently in use are in $1; $5; $10 and $20 denominations.

What Is The Current Exchange Rate

The exchange rate varies daily, but as of November 6, 2019, the Jamaica currency rate (to the USD), according to the Bank Of Jamaica, was $139.39 Jamaican dollars to the US dollar. Remember this is the buying price, meaning the rate that banks will buy it from you at.

If they are selling (giving) it to you for Jamaican dollars, it is usually at at higher rate. At the above date, it was $141 JMD for 1 USD.

jamaica currency rates todayJamaica Currency Rates Today

Note that twenty (20) other currencies are listed with rates relative to the Jamaican Dollar, these are the...

  • AUSTRALIAN DOLLAR
  • BAHAMAS DOLLAR
  • BARBADOS DOLLAR
  • BELIZE DOLLAR
  • CANADA DOLLAR
  • CAYMAN DOLLAR
  • DANISH KRONA
  • DOMINICAN REP. PESO
  • E. C. DOLLAR
  • EURO
  • GIBRALTAR POUND
  • GREAT BRITAIN POUND
  • GUYANA DOLLAR
  • HONG KONG DOLLAR
  • JAPANESE YEN
  • NORTHERN IRELAND POUND
  • NORWEGIAN KRONE
  • SWEDISH KRONA
  • SWISS FRANC & the
  • T&T DOLLAR

Remember you can always get the most updated Jamaica exchange rate at the Bank Of Jamaica's website. Click this link to hop over and see for yourself.

I Should Tell You...

By the way, if you are coming here with USD, do note that most business places and institutions in Jamaica, especially those that do business in the tourist industry, does accept the use of the United States dollar so you and our visitors will have no problem when you get here.

You can exchange the US dollar or any other currency in Jamaica at any bank, Cambio or foreign exchange (fx) trader.

Electronic instruments are also widely accepted in Jamaica today.
Read more about how much money to bring to Jamaica here.

New Video - How Much Money To Bring To Jamaica

I just recently published a video on YouTube on how much money to bring to Jamaica. The link is below. Simply click the PLAY button and listen :-)

You might like these as well

Other Pages Related To Jamaica Currency

Here also are some informative, yet exciting, pages you don't want to miss!

Make sure you subscribe to my free monthly e-zine My Island Jamaica Digest (MIJD) and stay with the latest from Jamaica!

Didn't find exactly what you were looking for? Do a quick search of the entire site.

Return to Profile of Jamaica from Jamaica Currency
Return to My Island Jamaica Homepage from Jamaica Currency

New!Talk To Me
Was the information helpful? Something needs changing? I welcome
your feedback here.

Read More ...

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

Recommended For You ...


Other Great Articles You Might Have Missed

data-matched-content-rows-num="2" data-matched-content-columns-num="3"

Please help me get the message out by sharing this article with your friends on social media (links below). Thnx ;-)

Also connect with My-Island-Jamaica.com on Social Media: 

Facebook | Twitter | Instagram | Youtube

Thank You!

P.S. Didn't find exactly what you were looking for? Still need help?

Click Here to try our dependable and effective Site Search tool. It works!

Or, simply click here and here, to browse my library of over 500 questions and answers! Chances are someone already asked (and got an answer to) your question.


About The Author

wellesley gayle - booking link

A patriotic Jamaican who adores his culture, Wellesley has been using this medium to share what he calls 'the uniqueness of Jamaica with the world' since April 2007.  

To date, he serves over 9,300 unique readers / viewers per day.

His efforts have earned him featured positions in local publications, including the Jamaica Gleaner's Hospitality Jamaica, Carlong Publishers, as well as recognition from numerous prestigious international agencies and universities.

He invites you to join his friends list and stay updated on all the latest. You are also invited to join his exclusive patron community.

copyscape
Top Of Page