USD/JMD
Market Open
14 Jun, 21:00
J$
160. 04
+3.104594
+1.9782%
J$
1 Volume
J$ 156.940329
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USDJMD Overview
USDJMD denotes the exchange rate between the United States Dollar and the Jamaican Dollar, indicating how many Jamaican dollars are required to purchase one US dollar. It reflects the relative value of the USD priced in JMD and is quoted as the base currency (USD) against the quote currency (JMD).
The United States Dollar (USD) is the official currency of the United States and is widely used as a global reserve and transaction currency. It is issued and regulated by the Federal Reserve System, which implements monetary policy, controls interest rates and supervises the US banking system.
The Jamaican Dollar (JMD) serves as the national currency of Jamaica and is used for domestic transactions and pricing. The Bank of Jamaica is the issuing authority and central bank, responsible for monetary policy, foreign exchange management and maintaining price stability within the Jamaican economy.
The USDJMD rate is shaped by supply and demand in the foreign exchange market and by economic fundamentals such as interest rate differentials, inflation trends, and central bank interventions. Capital flows, remittance volumes, commodity and tourism receipts, and geopolitical events also influence short‑term movements in the pair.
Traders, importers, exporters and investors monitor USDJMD to manage currency risk, facilitate cross‑border trade and pursue speculative opportunities tied to evolving macroeconomic conditions.
The United States Dollar (USD) is the official currency of the United States and is widely used as a global reserve and transaction currency. It is issued and regulated by the Federal Reserve System, which implements monetary policy, controls interest rates and supervises the US banking system.
The Jamaican Dollar (JMD) serves as the national currency of Jamaica and is used for domestic transactions and pricing. The Bank of Jamaica is the issuing authority and central bank, responsible for monetary policy, foreign exchange management and maintaining price stability within the Jamaican economy.
The USDJMD rate is shaped by supply and demand in the foreign exchange market and by economic fundamentals such as interest rate differentials, inflation trends, and central bank interventions. Capital flows, remittance volumes, commodity and tourism receipts, and geopolitical events also influence short‑term movements in the pair.
Traders, importers, exporters and investors monitor USDJMD to manage currency risk, facilitate cross‑border trade and pursue speculative opportunities tied to evolving macroeconomic conditions.
USDJMD Chart
USDJMD FAQ
What is the current USD/JMD price?
The current rate is J$160.044922, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the USD/JMD rate changed today?
The rate has changed by +3.104594 (+1.9782%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was J$156.940329, 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 USD/JMD moving up or down?
Movements in USD/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 (+1.9782%) is based on the difference between the current rate and the previous closing rate.
Is USD/JMD trending up or down right now?
If the current rate (J$160.044922) is above the previous close (J$156.940329), 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 USD/JMD directly on this page.
