Jamaican Dollar

Jamaica's currency is the Jamaican dollar (JMD). The Jamaican dollar has been the currency of Jamaica since 1969. It is also the official currency of the Cayman Islands and is one of the most traded currencies in the Caribbean. The Jamaican dollar is divided into 100 cents. The symbol for the Jamaican dollar is "$" or "JA$", and the currency is also sometimes referred to as the "Jamaican dollar". The Jamaican dollar is pegged to the US dollar, and the two currencies are interchangeable at a one-to-one ratio. The Jamaican dollar is one of the strongest currencies in the Caribbean. The Jamaican economy is very dependent on tourism, and the Jamaican dollar is a popular currency for tourists to use. The Jamaican dollar is a relatively stable currency, and it has been on a slight upward trend against the US dollar in recent years. The Jamaican government has been working to increase the use of the Jamaican dollar and to reduce the dependency on the US dollar.