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USD to JMD - US Dollar to Jamaican Dollar Converter

Convert US Dollar to Jamaican Dollar with daily ECB exchange rates

1 USD = ~155.91 JMD (rates vary)

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

Quick Insight

USD to JMD is a steady pair with rate changes tied to policy and demand for Jamaican imports and US services.

Use a mid-market baseline and set alerts for transfers above a threshold.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common USD - JMD Conversions

Forex Market Hours

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

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

US policy and inflation, Jamaica's price stability measures, trade and tourism flows, and global risk sentiment all move the rate. Local liquidity and remittance patterns also play a role at times.

Economic Context

Trading Relationship

The US and Jamaica engage in meaningful trade in goods and services. USD/JMD pricing affects Jamaican import costs, tourism receipts, and US-facing pricing for Jamaican exports.

Key Rate Factors

  • Federal Reserve policy and US inflation trends
  • Domestic Jamaican monetary stance and inflation forces
  • US-Jamaica trade balance and tariff levels
  • Tourism demand and remittance inflows from the US
  • Global risk sentiment influencing the USD's safe-haven status

Central Banks

Federal Reserve System
Washington, D.C., USA
The US central bank. Sets interest rates, manages inflation, and supports financial system stability.
Bank of Jamaica
Kingston, Jamaica
The Jamaican central bank. Regulates money supply, targets price stability, and oversees domestic payment systems.

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