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Jumiekan dala (Jamaican Patois) | |
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ISO 4217 | |
Code | JMD (numeric: 388) |
Subunit | 0.01 |
Unit | |
Symbol | $ |
Denominations | |
Subunit | |
1⁄100 | cent |
Banknotes | |
Freq. used | $50, $100, $500, $1000, $2000, $5000 |
Coins | |
Freq. used | $1, $5, $10, $20 |
Demographics | |
Date of introduction | 8 September 1969 |
Replaced | Jamaican pound |
User(s) | Jamaica |
Issuance | |
Central bank | Bank of Jamaica |
Website | www |
Valuation | |
Inflation | 4.64% |
Source | [1], Nov 2019 |
The Jamaican dollar (sign: $; code: JMD) has been the currency of Jamaica since 1969. It is often abbreviated to J$, the J serving to distinguish it from other dollar-denominated currencies. It is divided into 100 cents, although cent denominations are no longer in use as of 2018. Goods and services may still be priced in cents, but cash transactions are now rounded to the nearest dollar.