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20 Dollars L.1960

Issuer Bank of Jamaica
Year 1976
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Shape Rectangular
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Obverse lettering BANK OF JAMAICA TWENTY DOLLARS NOEL N. NETHERSOLE ISSUED UNDER THE BANK OF JAMAICA LAW 1960 THOMAS DE LA RUE & COMPANY LIMITED GOVERNOR
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Reverse lettering BANK OF JAMAICA TWENTY DOLLARS $20 BANK OF JAMAICA
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Comments

Jamaica's $20 note entered circulation during a period of significant monetary pressure — the mid-1970s saw the Manley government's turn toward democratic socialism, IMF negotiations, and a crawling devaluation of the Jamaican dollar that had been pegged at parity with the US dollar only since 1969. The $20 denomination was not trivial street currency; it represented purchasing power that ordinary Jamaicans felt eroding in real time.

De La Rue had printed Jamaican notes since independence, and the Legal Tender Law cited — L.1960 — predates the Bank of Jamaica Act itself, a legislative quirk that persisted through multiple series simply because no parliament moved to update the citation on printed stock.

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