Currency.Wiki

1 Jamaican Dollar to Canadian Dollar

Updated 54 seconds ago
Convert 1 JMD:CAD
 JMD =
    CAD
 Jamaican Dollar =  Canadian Dollars
Trending: J$ exchange rates for the last 24 hours
  • JMD/USD 0.006415 0.00002784
  • JMD/EUR 0.005893 -0.00003336
  • JMD/JPY 0.987893 0.02837696
  • JMD/GBP 0.005056 -0.00001255
  • JMD/CHF 0.005778 0.00015297
  • JMD/MXN 0.107098 -0.00181991
  • JMD/INR 0.535416 0.00518788
  • JMD/BRL 0.032940 0.00121408
  • JMD/CNY 0.046282 0.00080955

JMD/CAD exchange rate analysis over the past 90 days

Jamaican Dollar to Canadian Dollar exchange rate: Over the last 90 days, the Jamaican Dollar strengthened by 1.29% against the Canadian Dollar, moving from CA$0.0086 to CA$0.0087 per Jamaican Dollar. This trend reflects the evolving economic dynamics between the Jamaica and the Canada. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Jamaica and Canada.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Jamaica and Canada.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Jamaica or Canada.
  • Global Influences: Broader economic or geopolitical events that can impact both the Jamaica and the Canada.

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

jmd/cad Historical Chart

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.

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.

Quick Conversion Guide

Frequently Asked Questions

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The Jamaican Dollar to Canadian 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 JMD to CAD is CA$0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Jamaican Dollar to Canadian 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.