About the Jamaican Dollar
The Jamaican Dollar was introduced in 1969, replacing the Jamaican pound as part of the country's decimalisation.
The name 'Dollar' was adopted to align with the widely used currency name in the Americas.
Interesting Facts
Out of Many, One People
Jamaican currency features national heroes and the national motto 'Out of Many, One People', reflecting the multiracial roots of the country.
Reggae and Tourism
The value of the Jamaican Dollar is heavily influenced by tourism, which is drawn by the island's culture of reggae music, beautiful beaches, and warm climate.
Bob Marley on a Coin?
While not currently on a circulating coin, the Bank of Jamaica has issued commemorative coins featuring reggae superstar Bob Marley.
Historical Timeline
Jamaica gains independence from the United Kingdom.
The Jamaican Dollar is introduced.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- JMD
- Symbol
- J$
- Numeric Code
- 388
- Subunit
- Cent (1/100)
- Introduced
- 1969-09-08
Central Bank
- Name
- Bank of Jamaica
- Headquarters
- Kingston, Jamaica
- Founded
- 1961
- Current Governor
- Richard Byles (since 2019)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 5.3%
- Interest Rate
- 7.00%
Exchange Rates
What Affects the JMD Exchange Rate?
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