Currency.Wiki

1 Canadian Dollar to Jamaican Dollar

Updated 1 minute ago
Convert 1 CAD:JMD
 CAD =
    JMD
 Canadian Dollar =  Jamaican Dollars
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.731928 -0.01423730
  • CAD/EUR 0.683324 -0.00482886
  • CAD/JPY 114.518154 4.57893118
  • CAD/GBP 0.583975 -0.00383204
  • CAD/CHF 0.667564 0.02446771
  • CAD/MXN 12.511940 -0.28885674
  • CAD/INR 61.092366 -0.92212267
  • CAD/BRL 3.744689 0.04967945
  • CAD/CNY 5.300987 0.00015563

CAD/JMD exchange rate analysis over the past 90 days

Canadian Dollar to Jamaican Dollar exchange rate: Over the last 90 days, the Canadian Dollar weakened by -1.31% against the Jamaican Dollar, declining from J$115.8777 to J$114.3748 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Jamaica. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Canada and Jamaica.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Canada and Jamaica.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Canada or Jamaica.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Canada relative to the Jamaica.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cad/jmd Historical Chart

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

J$
Jamaican Dollar Currency

Country: Jamaica

Symbol: J$

ISO Code: JMD

Bank: Bank of Jamaica

Interesting fact about Jamaican Dollar

The Jamaican Dollar (JMD) is the official currency of Jamaica. It was introduced in 1969, replacing the Jamaican pound. The JMD plays a significant role in Jamaica's economy, being used for all types of transactions within the country. It is managed by the Bank of Jamaica, which is responsible for maintaining its value and stability.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Jamaican Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 CAD to JMD is J$114.37.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Jamaican Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.