Pound Sterling to Jamaican Dollar — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Jamaica

Currency Code, Symbol: JMD, $

Denominations of coins in circulation: $1, $5, $10, $20

Denominations of banknotes in circulation: $50, $100, $500, $1000

History: The Jamaican dollar is the national currency issued and used for payment on the territory of Jamaica. On the international market, it is traditionally called JMD. Inside the country, the term is JD or J$.Cents are used as change for the Jamaican dollar. One JMD correlates to 100 cents. $ has been used for payment since 1969. Before that time, there had been Jamaican pounds. Along with them, there had been the British West Indies dollar. The Cayman Island had used this currency for a long time as well. However, later on, this state created its own currency. Today, Cayman uses the Cayman Islands dollar.Read More