Timeline

• 27.10.1671
• Rating of Spanish trade coins in the accounting currency:
  - Spanish Dollar (8 Spanish Real in silver) 90 Pennies
• ??.??.1722
• Rating of Spanish trade coins in the accounting currency:
  - Spanish Dollar (8 Spanish Real in silver) 75 Pennies
• 11.11.1758
• Rating of Spanish trade coins in the accounting currency:
  - Spanish Dollar (8 Spanish Real in silver) 80 Pennies
  - Spanish doubloon (8 Spanish Escudos in gold) at 120 Shillings.
• 04.07.1834
• Resolution of the local assembly on the introduction of British silver coins of 3, 1½ Pence Sterling for use as ¹⁄₁₆, ¹⁄₃₂ of the Spanish Dollar
• 05.11.1838
• Rating of Spanish trade coins in the accounting currency:
  - Spanish Dollar (8 Spanish Real in silver) 83⅓ Pennies
  - Spanish doubloon (8 Spanish Escudos in gold) at 106⅔ Shillings.
• 21.12.1839
• Act [3 Vict, c.39] on the introduction of the Sterling accounting and devaluation of the accounting currency at a ratio of 1 : 1⅔ (i.e. by 40.0%); effective 01.01.1841. New rating of the Spanish trade coins:
  - Spanish Dollar (8 Spanish real in silver) at 50 Pence Sterling
  - Spanish doubloon (8 Spanish Escudos in gold) at 64 Shillings Sterling.
• 31.12.1869
• Coinage law [Nickel Coinage (Repealed), No. 49] (amending a law [Nickel Coinage, No. 35] of 22.07.1869) on the introduction of local subsidiary coins of 1, ½ Penny in copper-nickel alloy; effective per proclamation of 11.11.1869.
  - 02.12.1880: Law [Nickel Coinage (Supplement), No. 13] on the introduction of local subsidiary coins of ¼ Penny in copper-nickel alloy; effective per proclamation of 17.05.1882.
  - 25.02.1882: Law [Copper and Bronze Coinage Demonetization, No. 11] on the demonetization of British copper and bronze subsidiary coinage in Jamaica and Turks & Caicos Islands; effective per proclamation of 17.05.1882.
• 25.08.1876
• Law [No. 6] on the demonetization of the Spanish Dollar; effective ??.??.1876
• 30.01.1901
• Law [No. 109] on the demonetization of the Spanish doubloon; effective 31.03.1901

Timeline

• 16.06.1904
• Law [Bank Notes, No. 20] on the issuance of paper money by commercial banks and the creation of the Bank Note Reserve Fund; effective immediately (?). The following banks issued paper money under this law:
  - Royal Bank of Canada (est. 1864), starting 02.01.1911, ending 26.03.1954.
  - Bank of Nova Scotia (est. 1832), starting 02.01.1919, ending 26.03.1954.
  - Canadian Bank of Commerce (est. 1867), starting 01.03.1921, ending 26.03.1954.
  - Barclays Bank - Dominion, Colonial and Oversees (est. 1925), starting 01.09.1926, ending 28.02.1958.
• 22.09.1904
• Law [Currency Notes, No. 27] on the creation of the Board of Commissioners of Currency and issuance of paper money by the government; not implemented
  - 19.09.1918: Law [Currency Notes (Amendment), No. 17], amending the 1904 law; not implemented
  - 09.01.1920: Law [Currency Notes (Amendment), No. 2], amending the 1904 and 1918 laws; effective upon constitution of the currency board on 15.03.1920.
• 15.04.1937
• Law [Currency Notes, No. 9] on the permanent and sole legal tender status of Jamaican currency notes in Jamaica, Turks & Caicos Islands, and Cayman Islands; effective immediately.
  - 25.01.1956: Law [Currency Notes (Amendment), No. 1], amending the 1937 law; effective immediately.
• 26.03.1954
• Law [Bank Notes (Amendment), No. 9] on the stop of issuance of the paper money by commercial banks except for Barclays Bank (D.C.O); effective immediately
• 28.02.1958
• Law [Bank Notes (Demonetization and Redemption) Act, No. 10] on the withdrawal of the paper money issued by commercial banks; effective 31.12.1958 (?)
• 13.06.1960
• Law [Bank of Jamaica Act, No. 32] on the establishment of the central bank replacing the currency board; effective 01.10.1960 (the bank opened for business on 01.05.1961)

Valuation Regimes

• 1904-1969
• Fixed rate against British Pound

Timeline

• 21.03.1969
• Law [Decimal Currency Act, No. 7] on the currency reform (enacting a parliamentary resolution of 30.01.1968); effective 08.09.1969
• 08.09.1969
• Start of currency exchange:
  - 08.09.1969: Start of issuance of the new banknotes and coins
  - 15.04.1970: End of exchange period, demonetization of the former banknotes (coins remained current).

Valuation Regimes

• 1969-1973
• Fixed rate against British Pound
• 1973-1983
• Fixed rate against US Dollar, de facto variable between May 1978 and May 1979
• 1983-
• Variable rate