Jamaican Dollar in East Caribbean Dollar

JMD Jamaican Dollar

Country of application:
Jamaica

Coin denominations in circulation:
1, 5, 10, 20 dollars.

Denominations of banknotes in circulation:
50, 100, 500, 1000 dollars.

History reference:
The Jamaican dollar is the national currency of Jamaica. Until 1840, the British pound, Spanish reals and local coins circulated in Jamaica. Then the Jamaican pound was introduced, which in 1914 was ...equated to the pound sterling, and from 1955 to the West Indian dollars. The earliest money in Jamaica were Spanish copper coins called maravedi. This is due to the fact that for almost four hundred years, Spanish dollars, known as pieces of eight, were widely used on world trade routes, including the Caribbean region. However, after the revolutionary wars in Latin America, the source of these silver trade coins dried up. The last Spanish dollar was minted at the Potosi Mint in 1825. The United Kingdom adopted a very successful gold standard in 1821, so 1825 was the right time. to introduce the coinage of British sterling in all British colonies.

XCD East Caribbean Dollar

Country of application:
Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines

Coin denominations in circulation:
5, 10, 25 cents and 1 dollar.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100 dollars.

History reference:
The national currency of Anguilla is the East Caribbean dollar. Since 1982, a new series of coins has been in circulation in denominations of 1, 2, 5, 10, 25 cents and 1 dollar. Coins from 1 to 5 cen...ts were polyhedral, and a coin of 2 cents was square in shape. They were all made of aluminum alloy. But 10 and 25 cent coins were round, and made of copper-nickel alloy. The dollar was also round, but made of an aluminum bronze alloy. In 1989, the one dollar coin became multifaceted from a round shape and now from a copper-nickel alloy, changing its color from yellow to silver. Since 2002, new exclusively round 1, 2 and 5 cent coins have entered circulation, as well as a new $1 coin, which is now also round. Since 2009, 10.25 cents and 1 dollar coins have been minted from Akmonital alloy. The 1 and 2 cent coins were withdrawn from circulation in July 2015 and were legal tender until June 30, 2020.