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Jamaican Currency

Jamaican Currency refers to the official unit of exchange of Jamaica. The official currency of Jamaica is Jamaican Dollar and it is abbreviated as JMD. Jamaican Dollar is issued under the supervision of the Jamaican Government.

Here, it can be mentioned that, though Jamaican dollar is the official currency of Jamaica, U.S. Dollar or USD is also accepted through out the country.

Jamaican Currency follows the Decimal System. One Jamaican Dollar is divided into 100 cents. Jamaican Currency is available in banknotes and coins. Jamaican banknotes are available in denomination of $50, $100, $500, $1000 and Jamaican coins are available in denomination of 1 cent, 10 cent, 25 cent, $1, $5, $10, $20.
Currency exchange rate as on Wednesday, September 12, 2007
1 US Dollar is equal to 69.10000 Jamaican Dollar and 1 Jamaican Dollar (JMD) is equal to 0.01447 US Dollar (USD).


1 Euro is equal to 95.42434 Jamaican Dollar and 1 Jamaican Dollar (JMD) is equal to 0.01048 Euro (EUR).

1 Japanese Yen is equal to 0.60743 Jamaican Dollar and 1 Jamaican Dollar (JMD) is equal to 1.64627 Japanese Yen (JPY).

1 Indian Rupee is equal to 1.70281 Jamaican Dollar and 1 Jamaican Dollar (JMD) is equal to 0.58726 Indian Rupee (INR).

1 Australian Dollar is equal to 57.19200 Jamaican Dollar and 1 Jamaican Dollar (JMD) is equal to 0.01748 Australian Dollar (AUD).

1 British Pound is equal to 140.196 Jamaican Dollar and 1 Jamaican Dollar (JMD) is equal to 0.007133 British Pound (GBP)
Advice by experts
Currencies are normally exchanged in the exchange bureaus, airports, hotels, and commercial banks of Jamaica. It is recommended that when a foreigner needs to make a currency exchange, he should keep all the currency exchange receipts with him as he is required to present those receipts at the time of leaving the country. The receipts will also be needed in time of reconverting the unexpended currency.
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