EUR/JMD
Market Open
12 Jun, 11:19
J$
185. 26
+4.62
+2.5576%
J$
1 Volume
J$ 180.64
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EURJMD Overview
EURJMD denotes the exchange rate between the Euro (EUR) and the Jamaican Dollar (JMD), indicating how many Jamaican dollars are required to purchase one euro. It tracks cross-currency valuation between the shared currency of the Eurozone and Jamaica’s national unit, and is quoted in terms of JMD per EUR.
The euro is the official currency of the Eurozone, used by multiple European Union member states for day-to-day transactions and trade settlement. It is issued and overseen by the European Central Bank (ECB), which sets monetary policy and issues currency for the monetary union.
The Jamaican dollar is the legal tender of Jamaica and is employed for domestic commerce, salaries, and local financial contracts. The Bank of Jamaica acts as the country’s central bank, managing the currency, foreign reserves, and domestic monetary policy.
Movements in EURJMD reflect supply and demand dynamics in foreign-exchange markets and respond to differences in interest rates, inflation trends, central bank actions, trade balances, and broader geopolitical developments. Capital flows, investor sentiment, and commodity price shifts can also influence the pair.
EURJMD is relevant for exporters and importers dealing between Jamaica and Eurozone countries, for firms hedging currency risk, and for traders and investors seeking exposure to macroeconomic differentials or short-term volatility.
The euro is the official currency of the Eurozone, used by multiple European Union member states for day-to-day transactions and trade settlement. It is issued and overseen by the European Central Bank (ECB), which sets monetary policy and issues currency for the monetary union.
The Jamaican dollar is the legal tender of Jamaica and is employed for domestic commerce, salaries, and local financial contracts. The Bank of Jamaica acts as the country’s central bank, managing the currency, foreign reserves, and domestic monetary policy.
Movements in EURJMD reflect supply and demand dynamics in foreign-exchange markets and respond to differences in interest rates, inflation trends, central bank actions, trade balances, and broader geopolitical developments. Capital flows, investor sentiment, and commodity price shifts can also influence the pair.
EURJMD is relevant for exporters and importers dealing between Jamaica and Eurozone countries, for firms hedging currency risk, and for traders and investors seeking exposure to macroeconomic differentials or short-term volatility.
EURJMD Chart
EURJMD FAQ
What is the current EUR/JMD price?
The current rate is J$185.260000, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the EUR/JMD rate changed today?
The rate has changed by +4.62 (+2.5576%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was J$180.640000, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is EUR/JMD moving up or down?
Movements in EUR/JMD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+2.5576%) is based on the difference between the current rate and the previous closing rate.
Is EUR/JMD trending up or down right now?
If the current rate (J$185.260000) is above the previous close (J$180.640000), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for EUR/JMD directly on this page.
