Time Period: Since 1882

Timeline

  • 25.02.1882
  • Jamaican law [Copper and Bronze Coinage Demonetization, No. 11] on the introduction of Jamaican copper-nickel subsidiary coinage and demonetization of British copper and bronze coins; effective per proclamation of 17.05.1882.
  • ??.??.1902
  • Ordinance [Currency Notes, No. 5] on the creation of the Board of Commissioners of Currency and issuance of paper money by the government; effective upon constitution of the currency board on 02.12.1903.
  • 15.04.1937
  • Jamaican law [Currency Notes, No. 9], extends the jurisdiction of the Jamaican currency board and the validity of the currency notes to the Turks and Caicos Islands and Cayman Islands; effective immediately.
    - The Turks and Caicos Island currency notes were redeemed without limit.
  • 08.09.1969
  • Adoption of the Jamaican Dollar as currency.
    - The legal base is unknown, possibly the ordinance [Turks and Caicos Islands (Constitution) (Amendment) Order 1968].
  • ??.??.1973
  • Ordinance [Currency, No. 2] on the adoption of the US currency and creation of the as coinage at par with the US Dollar; effective 01.08.1973
  • 01.08.1973
  • Start of currency exchange:
    - 01.08.1973: Start of issuance of US banknotes and coins
    - ??.??.1973: Demonetization of the Jamaican currency.
  • ??.??.1974
  • Ordinance [Currency, No. 4] on the issuance of coins denominated in "Turks and Caicos Crown"; effective 12.06.1974.
    - In 1981, subsidiary coins of ½, ¼ Crown were issued that circulated in parallel with US coins.
  • ??.??.1988
  • Ordinance [Currency, Nr. 4] amending the 1974 ordinance; effective 01.12.1988