This report provides the real-time exchange rate between the U.S. Dollar (USD) and the Jamaican Dollar (JMD), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Jamaican Dollar (JMD) serves as the official currency of Jamaica. The exchange rate between them reflects market conditions, capital flows, and economic fundamentals affecting both economies.
Today’s Price
1 USD = 157.39 JMD
24h High: 157.6227 JMD
24h Low: 157.0816 JMD
Market Analysis
The USD/JMD exchange rate is currently trading near 157.39, reflecting moderate intraday volatility within a relatively tight range.
Technical levels: Key support at 157.0816 JMD, resistance at 157.6227 JMD
Risk note: Traders should monitor for potential breakouts beyond the established 24-hour range
Trading opportunities: Watch for consolidation patterns around the current price level and potential directional moves upon breaking key technical levels
Conclusion
Continue to monitor the USD/JMD pair closely. Traders should remain attentive to price action within the identified support and resistance zones for potential entry and exit opportunities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Today's USD to JMD Price Update
Summary
This report provides the real-time exchange rate between the U.S. Dollar (USD) and the Jamaican Dollar (JMD), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Jamaican Dollar (JMD) serves as the official currency of Jamaica. The exchange rate between them reflects market conditions, capital flows, and economic fundamentals affecting both economies.
Today’s Price
Market Analysis
The USD/JMD exchange rate is currently trading near 157.39, reflecting moderate intraday volatility within a relatively tight range.
Conclusion
Continue to monitor the USD/JMD pair closely. Traders should remain attentive to price action within the identified support and resistance zones for potential entry and exit opportunities.