The Jamaican Dollar is the official currency of Jamaica. Its ISO 4217 code is JMD and it is abbreviated with the dollar sign ($), or alternatively J$, to distinguish it from other dollar-denominated currencies. The Jamaican Dollar has been in circulation since 1969, replacing the Jamaican Pound, and is currently issued in banknotes of $50, $100, $500, $1000 and $5000 denominations.