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Money
Currency: Jamaican Dollar (J$) = 100 cents. Notes are in denominations of J$1000, 500, 100 and 50. Coins are in denominations of J$20, 10, 5, 2 and 1, and 25 and 10 cents.
Currency exchange: Money can be exchanged at the airport as well as at banks, hotels and bureaux de change. Receipts must be retained, as changing money on the black market is illegal. There are ATMs all over the island.
Credit & debit cards: MasterCard, American Express, Diners Club and Visa are all widely accepted. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.
Travellers cheques: To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars.
Currency restrictions: The import and export of local currency is prohibited; that of foreign currency is unrestricted, subject to declaration.
Exchange rate indicators
The following figures are included as a guide to the movements of the Jamaican Dollar against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 70.02 | 73.38 | 78.04 | 83.12 | | $1.00= | 48.05 | 48.25 | 49.35 | 52.20 |
Banking hours: Mon-Thurs 0900-1400, Fri 0900-1200 and 1430-1700.
Copyright © 2003 Columbus Publishing Ltd.
Terms and Conditions apply.
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