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JMD to USD - Jamaican Dollar to US Dollar Converter

Convert Jamaican Dollar to US Dollar with daily ECB exchange rates

1 JMD = ~0.006414 USD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

This currency pair is highly volatile. Always check live rates before transactions.

This pair is volatile. Mental math is unreliable—always verify live rates.

Rates can move 5-10% in a week. Use rate alerts and consider hedging for large transfers.

⚠️ Always verify before transactions📊 Monitor rate trends🔔 Set rate alerts

Common JMD - USD Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Active
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include US monetary policy and inflation, Jamaica's inflation and liquidity, tourism inflows, remittance volumes, and global risk sentiment. Rates move continuously as markets digest data and policy signals.

Economic Context

Trading Relationship

The US and Jamaica maintain active trade, with US demand for Jamaican goods and services shaping FX flows. The USD frequently serves as the anchor for pricing local imports and tourism-related earnings.

Key Rate Factors

  • •Federal Reserve policy and US inflation trends
  • •Jamaican inflation, fiscal policy, and liquidity
  • •Tourism revenue from US visitors and remittances
  • •Commodity prices affecting Jamaica's export competitiveness
  • •Global risk sentiment and USD liquidity

Central Banks

Bank of Jamaica
Kingston, Jamaica
Sets domestic monetary policy, manages inflation, and regulates currency issuance and liquidity in Jamaica.
Federal Reserve System
Washington, D.C., USA
The US central bank; guides national monetary policy, controls interest rates, and influences global liquidity.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates