FREE: $100 Bank Of Jamaica Bill. Extra Fine Circulated Condition Collectible Banknote!!

The listing, $100 Bank Of Jamaica Bill. Extra Fine Circulated Condition Collectible Banknote!! has ended.

Currency Details
The Jamaican Dollar, ISO Code JMD, is the official currency of Jamaica. The Jamaican dollar is divided into 100 cents. As of May 2005, the exchange rate was 61.040 Jamaican dollars to the US dollar. The first money in Jamaica was Spanish copper coins called Maravedis. Later, other silver coins were implemented, as the British began to rely on Jamaica to a large extent. Spanish pesos, reales, and British pounds, were all at one time circulating in Jamaica. In 1839, Parliament passed a law that disallowed all currencies, except for British coinage, as legal tender. From 1904, the first government distributed and authorized banknotes were introduced. In 1960, the Bank of Jamaica was given the sole responsibility of producing coins and banknotes. In the late 60′s, the currency was decimalized, introducing a currency that was divided into 100 cents, and worth 10 shillings.