Jamaican Dollar (JMD) Exchange Rates on 29th March 2017 (29/03/2017)

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Exchange rates for Jamaican Dollar (JMD)

Updated: 2017-03-29
Convert from Convert to 1 JMD Conversion in currency Conversion
JMD GBP 0.0055 JMD to GBP 182.5066 GBP to JMD
JMD BGN 0.0135 JMD to BGN 74.1477 BGN to JMD
JMD HRK 0.0524 JMD to HRK 19.0793 HRK to JMD
JMD CZK 0.1898 JMD to CZK 5.2685 CZK to JMD
JMD DKK 0.0512 JMD to DKK 19.5383 DKK to JMD
JMD HUF 2.1605 JMD to HUF 0.4629 HUF to JMD
JMD KZT 1.6171 JMD to KZT 0.6184 KZT to JMD
JMD LVL 0.0048 JMD to LVL 207.0042 LVL to JMD
JMD LTL 0.0237 JMD to LTL 42.1188 LTL to JMD
JMD MKD 0.4221 JMD to MKD 2.3689 MKD to JMD
JMD MDL 0.1271 JMD to MDL 7.8706 MDL to JMD
JMD NOK 0.0567 JMD to NOK 17.6374 NOK to JMD
JMD PLN 0.0289 JMD to PLN 34.6493 PLN to JMD
JMD RON 0.0304 JMD to RON 32.9189 RON to JMD
JMD RUB 0.3337 JMD to RUB 2.9968 RUB to JMD
JMD SEK 0.0634 JMD to SEK 15.7827 SEK to JMD
JMD CHF 0.0083 JMD to CHF 120.2485 CHF to JMD
JMD TRY 0.0196 JMD to TRY 51.1244 TRY to JMD
JMD UAH 0.1153 JMD to UAH 8.6709 UAH to JMD
Updated: 2017-03-29
Convert from Convert to 1 JMD Conversion in currency Conversion
JMD ARS 0.0747 JMD to ARS 13.3938 ARS to JMD
JMD BOB 0.0614 JMD to BOB 16.2885 BOB to JMD
JMD BRL 0.0203 JMD to BRL 49.1647 BRL to JMD
JMD CAD 0.0098 JMD to CAD 101.8461 CAD to JMD
JMD KYD 0.0073 JMD to KYD 137.2537 KYD to JMD
JMD CLP 5.2346 JMD to CLP 0.191 CLP to JMD
JMD COP 17.5521 JMD to COP 0.057 COP to JMD
JMD CRC 4.8148 JMD to CRC 0.2077 CRC to JMD
JMD DOP 0.3881 JMD to DOP 2.5766 DOP to JMD
JMD SVC 0.0777 JMD to SVC 12.867 SVC to JMD
JMD FJD 0.0164 JMD to FJD 60.9687 FJD to JMD
JMD HNL 0.1879 JMD to HNL 5.3215 HNL to JMD
JMD MXN 0.1175 JMD to MXN 8.5135 MXN to JMD
JMD ANG 0.0159 JMD to ANG 62.8759 ANG to JMD
JMD PYG 38.1544 JMD to PYG 0.0262 PYG to JMD
JMD PEN 0.0254 JMD to PEN 39.4215 PEN to JMD
JMD TTD 0.0564 JMD to TTD 17.7294 TTD to JMD
JMD USD 0.0089 JMD to USD 112.5479 USD to JMD
JMD UYU 0.2153 JMD to UYU 4.645 UYU to JMD
JMD VEF 0.0559 JMD to VEF 17.8997 VEF to JMD
Updated: 2017-03-29
Convert from Convert to 1 JMD Conversion in currency Conversion
JMD AUD 0.0098 JMD to AUD 102.337 AUD to JMD
JMD BDT 0.6881 JMD to BDT 1.4533 BDT to JMD
JMD BND 0.0112 JMD to BND 89.1012 BND to JMD
JMD CNY 0.0545 JMD to CNY 18.3602 CNY to JMD
JMD INR 0.5407 JMD to INR 1.8494 INR to JMD
JMD IDR 105.4634 JMD to IDR 0.0095 IDR to JMD
JMD JPY 0.9513 JMD to JPY 1.0512 JPY to JMD
JMD MYR 0.0284 JMD to MYR 35.2483 MYR to JMD
JMD MVR 0.1366 JMD to MVR 7.3225 MVR to JMD
JMD NPR 0.8667 JMD to NPR 1.1538 NPR to JMD
JMD NZD 0.0109 JMD to NZD 91.9168 NZD to JMD
JMD PKR 0.9089 JMD to PKR 1.1002 PKR to JMD
JMD PGK 0.022 JMD to PGK 45.4694 PGK to JMD
JMD PHP 0.3902 JMD to PHP 2.5629 PHP to JMD
JMD SCR 0.1153 JMD to SCR 8.6721 SCR to JMD
JMD SGD 0.0111 JMD to SGD 90.1313 SGD to JMD
JMD KRW 9.2112 JMD to KRW 0.1086 KRW to JMD
JMD LKR 1.1575 JMD to LKR 0.8639 LKR to JMD
JMD TWD 0.2669 JMD to TWD 3.7469 TWD to JMD
JMD THB 0.2859 JMD to THB 3.4974 THB to JMD
Updated: 2017-03-29
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JMD BHD 0.0034 JMD to BHD 298.4567 BHD to JMD
JMD EGP 0.0636 JMD to EGP 15.7355 EGP to JMD
JMD HKD 0.0689 JMD to HKD 14.5213 HKD to JMD
JMD ILS 0.0323 JMD to ILS 31.0071 ILS to JMD
JMD JOD 0.0063 JMD to JOD 158.8314 JOD to JMD
JMD KWD 0.0025 JMD to KWD 392.7966 KWD to JMD
JMD LBP 13.4432 JMD to LBP 0.0744 LBP to JMD
JMD OMR 0.0034 JMD to OMR 292.37 OMR to JMD
JMD QAR 0.0324 JMD to QAR 30.9053 QAR to JMD
JMD SAR 0.0333 JMD to SAR 30.0064 SAR to JMD
JMD AED 0.0326 JMD to AED 30.6403 AED to JMD
JMD YER 1.9095 JMD to YER 0.5237 YER to JMD
Updated: 2017-03-29
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JMD DZD 0.7188 JMD to DZD 1.3912 DZD to JMD
JMD KES 0.7899 JMD to KES 1.266 KES to JMD
JMD MUR 0.2817 JMD to MUR 3.5504 MUR to JMD
JMD MAD 0.0765 JMD to MAD 13.0654 MAD to JMD
JMD NAD 0.0974 JMD to NAD 10.2636 NAD to JMD
JMD NIO 0.2328 JMD to NIO 4.2949 NIO to JMD
JMD NGN 1.4465 JMD to NGN 0.6913 NGN to JMD
JMD SLL 38.8265 JMD to SLL 0.0258 SLL to JMD
JMD ZAR 0.0975 JMD to ZAR 10.2535 ZAR to JMD
JMD TZS 14.7801 JMD to TZS 0.0677 TZS to JMD
JMD TND 0.0157 JMD to TND 63.7663 TND to JMD
JMD UGX 23.1455 JMD to UGX 0.0432 UGX to JMD
JMD XOF 4.5123 JMD to XOF 0.2216 XOF to JMD
JMD ZMK 46.7655 JMD to ZMK 0.0214 ZMK to JMD

Jamaican Dollar (JMD)

Sign J$
1 Jamaican Dollar is subdivided into 100 cents.

The JMD is the official currency code for the Jamaican dollar. The JMD is the official currency of the Jamaica and can be divided into 100 cents in money transactions. The symbol for the dollar is officially "$" though oftentimes it is written as "J$" or "JA$" in order to differentiate it from other dollar based currencies. The symbol for each cent or cents is "c". Then central Bank of Jamaica is appropriately named, the Bank of Jamaica and it controls the circulation of the JMD as well as Jamaican monetary policy which has an impact on its value. The Bank of Jamaica serves under the direction of the Jamaican Minister of Finance and therefore is not an independent central bank. The banks targets are growth and development of Jamaica and not on price stability except to the extent that it affects the primary growth mandate.

Coins used:
-frequently 25c, $1, $5, $10, $20
-rarely 1c, 10c

Banknotes used:
-frequently $50, $100, $500, $1000
-rarely $5000

Central Bank
Bank of Jamaica
The Bank of Jamaica currently issues paper currency banknotes in denominations of $50, $100, $500, and $1000 and coins are minted in denominations of 1c, 10c, 25c, $1, $5, $10, and $20. The currency itself is a free floating currency with its value closely monitored as it relates to the United States dollar ( USD).

The JMD has consistently fallen in value over the years, with its value moving from J$0.77 for every US$1 to where it stood recently at J$89 for every US$1. That constant decline along with a current 10% Jamaican inflation rate has led the Bank of Jamaica into considering the addition of a J$5,000 banknote to current circulation. This possibility has been criticized by other parts of the Jamaican government as being a sign of the loss in value of the JMD, but over time those criticisms will fall aside as the government understands the J$5,000 note is a reflection of reality, not a cause in and of itself.

Other References
Wikipedia article on Jamaican Dollar
XE.com Live Currency Converter for JMD

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