What is the Currency in Jamaica? 

Ah, Jamaica. Sun-drenched beaches, steel drums drifting on the breeze, rum punch in hand… and a wallet full of unfamiliar coins and colourful notes. Before you start living your best island life, there’s one important detail every traveller needs to sort out, what is the currency in Jamaica? 

Whether you're planning to sip cocktails in Montego Bay, hike the Blue Mountains, or just snooze in a hammock in Negril, you’ll want to arrive with the right money in your pocket (and a good idea of what it's worth). 

From centuries-old Spanish coins to today’s Jamaican dollars, get ready for a journey through the notes, coins, and curiosities that make Jamaican money as vibrant as the island itself. 

Currency in Jamaica 

Let’s get straight to it: the currency in Jamaica is the Jamaican dollar. It’s usually abbreviated to J$, though don’t be confused if you see it written with the dollar sign alone, it’s perfectly normal in Jamaica. Its currency code is JMD, and like many currencies, it comes in a mix of banknotes and coins. 

Unlike the US dollar, which shares the same symbol, the Jamaican dollar is a completely separate currency. So no, you can’t pay for your Red Stripe beer in American dollars. Some touristy shops may accept them, but you’ll almost always get a better deal paying in the local currency. 

The Jamaican dollar has been in circulation since 1969, and like the island itself, it’s undergone some fascinating changes over the years. 

Jamaican Dollar Denominations 

Jamaican money is anything but boring. It’s a riot of colour, history and national pride. The notes and coins celebrate Jamaican heroes, events and culture with each piece a mini-history lesson in your wallet. 

Jamaican Dollar Notes 

The current series of Jamaican banknotes includes: 

• $50 – Featuring Samuel Sharpe, a Baptist deacon and national hero who led the Christmas Rebellion. 

• $100 – Showcases Donald Sangster, Jamaica’s second Prime Minister. 

• $500 – Fronted by Nanny of the Maroons, a fearless warrior queen and freedom fighter. 

• $1,000 – With Michael Manley, Prime Minister during the 1970s and 1990s. 

• $5,000 – Featuring Hugh Shearer, another former Prime Minister. 

Each note is colour-coded and made with security features to help combat counterfeiting. You’ll find raised print, micro-text and even a watermark of the note’s portrait when held to the light. 

Jamaican Dollar Coins 

The coins in circulation are as follows: 

• 10 cents 

• 25 cents 

• $1 

• $5 

• $10 

• $20 

Fun fact: Jamaica also previously issued 1лв and 2лв coins, although they’re no longer in active use. (No, you haven’t landed in Bulgaria, those are remnants of past minting choices and may pop up in older references.) 

Each coin features symbols or individuals significant to Jamaican heritage and are perfect for curious coin collectors if you forget to buy a gift for someone.  

The History of Jamaica’s Currency 

Jamaica’s currency story is a colourful tale stretching back centuries, shaped by pirates, colonisers, independence and innovation. Let’s take a wander through the island’s monetary milestones. 

Maravedis – The First Coins to Arrive 

Before the Jamaican dollar existed, and even before British influence took hold, the island’s economy ran on a curious currency: the maravedí. These were small copper coins minted by Spain and used extensively throughout its colonies. 

The maravedis made their Jamaican debut sometime in the 16th century, during the early Spanish colonisation period (1509–1655). It was not exactly the most practical currency because the coins were often clipped, worn or badly forged, but they served their purpose for trade and everyday use. 

Over time, maravedis began to phase out as other currencies made their way into circulation. And while they’re long gone today, you might still stumble across one in a museum or buried deep in a local market stall. 

British Sterling Takes Centre Stage 

After Jamaica came under British rule in 1655, it didn’t take long for British sterling coinage to become the official currency. From the 1700s onward, pounds, shillings and pence were introduced and began circulating widely. 

Jamaicans quickly adapted to the British system, although shortages of coins often led to improvisation, such as cutting Spanish dollars into segments called "bits." That’s actually where the term “two bits” originates! 

Sterling remained Jamaica’s official currency for well over two centuries. It was even still in use after Jamaica’s political independence in 1962, a legacy of colonial economics that lingered longer than the Union Jack. 

The Creation of the Jamaican Dollar 

Change arrived in 1969, when the Jamaican government decided to replace sterling with the Jamaican dollar. This marked a major step in asserting national identity and economic autonomy. 

At the time of its launch, 1 Jamaican dollar was equal to 10 shillings, effectively halving the numerical value of all sterling-denominated items. The new notes and coins were bright, bold and unmistakably Jamaican, featuring national symbols and historical figures rather than British royalty. 

Since then, the Jamaican dollar has seen periods of inflation and revaluation, but it remains a central part of the island’s identity. Today, it is not pegged to any other currency and floats freely on the international exchange market. 

Should I Bring Cash or Card to Jamaica? 

Let’s talk practicalities. When visiting Jamaica, you’ll definitely need Jamaican dollars, having some cash on hand is a must. 

In big hotels, resorts and some tourist shops, international credit and debit cards are accepted. But once you venture beyond the well-trodden beaches of Montego Bay or Ocho Rios, cash is still king. Street vendors, taxis, small restaurants and local markets usually only accept cash, and prefer local currency. 

For peace of mind (and a great rate), sort your Jamaican dollars through Travelex ahead of time. You can order online, choose from home delivery or airport collection, and know you're getting fair rates from a brand trusted by travellers for nearly 50 years. 

How Much is the Jamaican Dollar Worth? 

The value of the Jamaican dollar fluctuates depending on market conditions, but it's generally weaker than the pound, euro or US dollar. As a result, you’ll often find yourself handling impressively large denominations. 

Before you travel, check the latest exchange rates using the Travelex currency converter to see how far your holiday money will stretch. 

Currency Tips for Travelling in Jamaica 

Here are a few handy things to know before you go: 

• ATMs are widely available in cities and tourist hubs, but not always reliable in rural areas, so take out cash when you can. 

• Always double-check whether prices are listed in Jamaican dollars or US dollars, some tourist areas use both. 

• Jamaican notes are multi-coloured and clearly labelled, but it’s worth familiarising yourself with them to avoid overpaying by mistake. 

• Tipping is customary but not mandatory and around 10–15% is typical for good service. 

• Avoid exchanging money on the street, it’s risky and illegal. 

Where to Get Jamaican Dollars Before You Travel 

Wondering where to get Jamaican dollars before your flight? Look no further. 

You can buy your Jamaican dollars online from Travelex and get it delivered straight to your door, so you can focus on planning and packing for your trip to Jamaica. You can also choose click & collect to pick it up from one of our stores, on the fly from most major airports before you jet off on your adventure. 

So, the currency in Jamaica is the Jamaican dollar, known as J$, and it’s your ticket to island life, from jerk chicken stalls to beachside bars. 

But it’s more than just money. It’s part of Jamaica’s story of colonial pasts, national heroes, and the bold leap toward independence. It's history in your hand, and culture in your pocket. 

So, whether you’re heading for reggae rhythms or rum punch relaxation, do yourself a favour and sort your Jamaican currency before you set off.