Jamaica has it’s own money currency in Jamaican Dollars.
The Jamaican Money or the Money in Jamaica has pictures of Jamaica’s National Hero and former Jamaica’s Prime Minister. The money also shows picture of Jamaica’s infrastructure along with pictures of Jamaica’s “Coat of Arms.” Jamaica Money fluctuates in value based on the exchange rates with currencies from other countries (ex: US, Canadian, UK and Euro). The Jamaican dollar came into existence in 1969. Jamaica gain independence from the British in 1962 and they converted from the British Pound to Jamaican Dollars.Visitors to Jamaica can exchange their money in banks or with several authorized money exchange vendors. Most store owners are ready to calculate the exchange rate as they sell their goods and products.
Shopping in Jamaica
Shopping is always fun for tourist and visitors because their money goes a long way. For example, throughout 2013, US $1 has been equal to JA $100. Whereas in 2016 the money in continues to loose it’s value. Jamaica money to American money value is to the point where one US dollar when exchange in Jamaica has gone up to as much as one hundred-twenty Jamaican Dollar. The Jamaican currency exchange rate for the British pound has been closer to two hundred Jamaican dollar. So naturally, visitors enjoy shopping in Jamaica because you can buy more for your buck (money). But until the government figure out how to make Jamaica money stronger, visitors will have more to spend.
In fact, several Jamaican dollars were changed to coins because the Jamaican Dollars lost it’s value. For example, Jamaica saw it’s $1, $5, $10 and $20 dollar bills all change to coins. These coins all had the Jamaica “Coat of Arms” on there Reverse side and former Jamaica Prime Minister and National Heroes on the other side. The list below are the coins in Jamaica.
Jamaican Currency Exchange in Coins.
. 10 cent has the picture of Paul Bogle, a National Hero.
. 25 cents has the picture of Marcus Garvey, a National Hero.
. $1 Sir Alexander Bustamante, Jamaica’s first Prime Minister.
. $5 Norman Manley, Jamaica’s first Chief Minister before the title was change to Prime Minister. Mr. Norman Washington Manley is a National Hero.
. $10 George William Gordon, a National Hero.
. $20 Marcus Garvey, a national Hero
The smallest Jamaican Dollar bill
The $50 bill is the smallest bill. As a result of several dollar bills changing to coins because they lost their values two new bills were added to Jamaican Currency. Jamaica introduced the One thousand (JA $1000) and the five thousand (JA 5000) dollar bills. Below are the list of dollar bills.
. $50 Samuel Sharpe, National Hero.
. $100 Sir Donald Sangster former Prime Minister.
. $1000 Michael Manley, former Prime Minister.
. $5000 Hugh Lawson Shearer, former Prime Minister
In 2009, The $5000 bill was introduce by the Bank of Jamaica.