Jamaican Dollar
(JMD) Insights
Currency of Caribbean island economy; tourism (major FX earner), bauxite/alumina, and rum exporter; large diaspora in USA, UK, Canada; reggae/music industry cultural exports; significant remittance dependency; high public debt
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JMD Live Converter
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Real-time interbank rate: Live data unavailable
Currency Snapshot
Technical specifications, central bank governance, and market standing for Jamaican Dollar.
JMD
Standardized ISO 4217 Currency Code
$
Unicode Glyphs & Display Symbol
1/100 = Cent Decimals
Subdivision unit definition
Jamaica
Bank of Jamaica (BOJ)
Bank of Jamaica (BOJ)
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Market-determined exchange rate mechanism
Currency Standard: Fiat
Classified as Fiat in global trade networks
Banknotes
$ 50
Coins
$ 1
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Jamaican Dollar, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Bank of Jamaica (BOJ).
JMD Market Insights
Deep-dive analysis of the Jamaican Dollar's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports; lower tourism and bauxite revenues; lower inflation; remittances worth less in JMD
Weak Currency Impact
Higher remittance values; boosts tourism affordability; higher import costs; inflation pressure
Remittance Role
Jamaica is highly remittance-dependent (~$3.8 billion/year, ~20% GDP); major sources USA, UK, Canada from Jamaican diaspora
Central Bank Tools
Policy Rate, Open Market Operations, FX interventions
Common Questions About Jamaican Dollar
Everything you need to know about JMD exchange rates, banknotes, and historical significance.