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JMD (Jamaican Dollar)

What is 'JMD'

The currency abbreviation or the currency symbol for the Jamacian dollar (JMD), the currency for Jamaica. The currency is made up of 100 cents and is often presented with the symbol (J$) or (JA$). The Jamaican dollar was also formerly used in the Cayman Islands.

Explaining 'JMD'

The Jamaican dollar was first seen replacing the Jamaican pound in 1969. Both coins and notes were issued, but its value has fallen substantially since then, reaching new lows early in 2009. Many bills have been replaced by coins, and a $1000 note began circulating in 2000.


Further Reading


Foreign Currency Flows and the Jamaican Economy
link.springer.com [PDF]
… Jamaican dollars are translated to US dollars using a 127 JMD: 1 USD … by UNDP (S2 Appendix), with intent to engage high-level stakeholders across sectors (eg, politics, government, civil society, media) who were perceived as relevant to NCDs in the Jamaica context …

Foreign Exchange Intervention and Systematic Monetary Policy in Jamaica: Has there been any Unification?Foreign Exchange Intervention and Systematic Monetary Policy in Jamaica: Has there been any Unification?
papers.ssrn.com [PDF]
… Jamaican dollars are translated to US dollars using a 127 JMD: 1 USD … by UNDP (S2 Appendix), with intent to engage high-level stakeholders across sectors (eg, politics, government, civil society, media) who were perceived as relevant to NCDs in the Jamaica context …

Richer but fatter: the unintended consequences of microcredit financing on household health and expenditure in JamaicaRicher but fatter: the unintended consequences of microcredit financing on household health and expenditure in Jamaica
onlinelibrary.wiley.com [PDF]
… Jamaican dollars are translated to US dollars using a 127 JMD: 1 USD … by UNDP (S2 Appendix), with intent to engage high-level stakeholders across sectors (eg, politics, government, civil society, media) who were perceived as relevant to NCDs in the Jamaica context …

An econometric analysis of Jamaica's import demand function with the US and UKAn econometric analysis of Jamaica's import demand function with the US and UK
papers.ssrn.com [PDF]
… Jamaican dollars are translated to US dollars using a 127 JMD: 1 USD … by UNDP (S2 Appendix), with intent to engage high-level stakeholders across sectors (eg, politics, government, civil society, media) who were perceived as relevant to NCDs in the Jamaica context …


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