Related Legislative Provisions
PART IV of the BOJ Act (Oct. 1960) - Currency, Coinage and Legal Tender
Currency History
First units of exchange used by the Spaniards were items such as glass beads and trinkets, scissors and mirrors
Structure Policy
Section 12(1) of the BOJ Act gives the Bank “the sole right and authority to issue notes and coins in the Island”
Currency Timeline
Timeline of currencies used starting from the 1500's
Banknotes
Jamaican banknotes are issued in denominations of $50, $100, $500, $1000 and $5000
CBDC - JAM-DEX
Jamaica's Central Bank Digital Currency
Coins
Jamaican coins currently in circulation are minted in denominations of $1, $5, $10 and $20
Souvenir Coins
Gold, Silver and Bi-Metallic Coins, Proof Sets for coins and notes
Demonetisation of Coins
Information relating to the Demonetisation of $0.01, $0.10 and $0.25 and Coin Redemption/ Exchange
