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In adopting the Jamaican dollar, Jamaica followed the pattern of South Africa, Australia, and New Zealand in that when it adopted the decimal system, it decided to use the half pound unit as opposed to the pound unit of account. The choice of the name dollar was motivated by the fact that the reduced value of the new unit corresponded more ...
On January 30, 1968, the Jamaican House of Representatives voted to decimalise the currency, introducing a new dollar worth 10/–, and divided into 100 cents (1 cent thus being equal to exactly 1 1 ⁄ 5 d).
International dollar – hypothetical currency pegged 1:1 to the United States dollar; Jamaican dollar – Jamaica; ... equivalent to Australian dollar)
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
1.00 BSD = 1.00 USD Barbados: Barbadian dollar: BBD: Central Bank of Barbados: 2.00 BBD = 1.00 USD Caribbean Netherlands: United States dollar: USD: De Nederlandsche Bank (monetary authority) Federal Reserve Bank (U.S. dollar) float Cayman Islands: Cayman Islands dollar: KYD: Cayman Islands Monetary Authority: 1.00 KYD = 1.20 USD Cuba: Cuban ...
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Jamaican pound (until 1968, replaced by the Jamaican dollar). The Jamaican pound was also used in Cayman Islands and Turks and Caicos Islands until 1968. Jordanian pound; see Palestine pound, below. Libyan pound (until 1971, replaced by the Libyan dinar) Malawian pound (1964 to 1970, replaced by the Malawian kwacha) Maltese pound (also known as ...
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