How Much Is A Jamaican 10 Dollar Coin Worth?

Currently, in American dollars, 10 Jamaican dollars are worth 10 cents. The conversion rate stands at one Jamaican dollar is equal to 0.01177 American dollars. The Jamaican 10 dollar coin is still in circulation and is regarded as legal tender. This means that, within Jamaican tender, it is still worth its face value and will not fetch any more than 10 Jamaican dollars. The dollar has been the currency within Jamaica since 1969. Often abbreviated as 'J$', the J is used to distinguish it from other dollar denominated currencies and is divided into 100 cents.

• Coins.

When Jamaican dollars were first introduced, the different denominations of coins that were produced were one cent, five cents, 10 cents, 20 cents and 25 cents. Now, the current coins in circulation are 10 cent, 25 cent, one dollar, five dollars, 10 dollars and 20 dollars. In 1975, the one cent coin was changed to a 12 sided shape that has an aluminum composition. The decagonal 50 cent coins replaced the 50 cent banknotes in 1976 but was no longer produced, along with the 20 cent coin in 1989. One dollar banknotes were replaced by nickel brass coins in 1990 and nickel plated steel coins replaced other denominations throughout 1991.

• Banknotes.

Originally banknotes were used for denominations of 50 cents, one dollar, two dollars and 10 dollars. Over time the five dollar note, 20 dollar notes, 100 dollar notes and 50 dollar notes. The banknotes that are currently in circulation are the 50 dollar note, 100 dollar note, 500 dollar note and 1000 dollar note.

The value of the Jamaican dollar is subject to change all the time. For the most up to date valuation, check online on a currency converter such as www.xe.com.