JMD - Jamaican Dollar currency

Jamaica flag Jamaica

The Jamaican Dollar (JMD) is the official currency of Jamaica, issued by the Bank of Jamaica. It was introduced in 1969, replacing the Jamaican Pound as the country transitioned from the British monetary system. The Jamaican dollar is a free-floating currency, and its value is influenced by tourism, remittances, and trade, with significant fluctuations over the years due to inflation and economic instability. The JMD is subdivided into 100 cents, though cent coins are rarely used. Banknotes range from J$50 to J$5,000, while coins are issued from J$1 to J$20. The U.S. Dollar (USD) is widely accepted in tourist areas, but all official transactions must be in JMD.

JMD - Jamaican Dollar profile

Symbol J$
ISO 4217 Code JMD
Central Bank Bank of Jamaica
Nicknames Jamaican Dollar
Countries using this currency Jamaica

JMD - Jamaican Dollar
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