Demonetization of J$ Coins

by / Tuesday, 21 November 2017 / Published in News

Effective 15 February 2018, the Bank of Jamaica will demonetize the One Cent, Ten Cents and Twenty-Five Cents coins, and as such, these coins will cease to be legal tender. In that regard, please see attached copy of the Jamaica Gazette (the Gazette) Notification dated 14 November 2017.

In addition, the Bank of Jamaica has also communicated a rounding principle, connected with these coins. The rounding principle has been published in the print media. READ MORE