The JMD/USD pair shows how many Jamaican dollars are needed to buy one US dollar, reflecting Jamaica's reliance on US trade and tourism.
The curve shows the change in one unit of JMD expressed in USD. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.
Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.
Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.
Du au · 18 observations
The JMD/USD exchange rate indicates the value of the Jamaican dollar relative to the US dollar, quoted as the number of Jamaican dollars required to purchase one US dollar. This pair is essential for Jamaican importers, exporters, and the tourism sector, as the US is Jamaica's largest trading partner and a primary source of visitors. When the JMD appreciates (fewer dollars per USD), Jamaican imports become cheaper, but exports and tourism receipts may decline. Conversely, a weaker JMD boosts exports and tourism but raises import costs and inflation.
Structural drivers include the monetary policies of the Bank of Jamaica (BOJ) and the US Federal Reserve. Interest rate differentials influence capital flows; higher US rates attract investment away from Jamaica, pressuring the JMD. Inflation differentials, economic growth, and commodity prices (especially oil, which Jamaica imports) also affect the pair. Remittances from the Jamaican diaspora in the US provide a steady flow of USD, supporting the JMD. Risk sentiment and global events can trigger capital flight to the safe-haven USD.
Over recent years, the JMD has experienced gradual depreciation against the USD, driven by persistent trade deficits and external shocks. The BOJ has intervened to manage volatility, and the exchange rate has been influenced by tourism recovery, remittance flows, and global monetary tightening. Without specific historical data, the pair's trajectory reflects Jamaica's structural economic challenges and its dependence on US economic conditions.
This analysis is provided for information only and is neither a forecast nor financial advice.
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| Date UTC | Rate | Change |
|---|---|---|
| 0,00636537 | +0.25% | |
| 0,00634961 | -0.19% | |
| 0,00636173 | +0% | |
| 0,00636173 | -0.37% | |
| 0,00638533 | -0.10% | |
| 0,00639195 | +0.20% | |
| 0,00637918 | -0.07% | |
| 0,00638385 | +0.28% |
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Displayed source: api.forex. Indicative values are used only as a visual fallback.