Currency.Wiki

1 Jamaican Dollar to Euro

Updated 3 minutes ago
Convert 1 JMD:EUR
 JMD =
    EUR
 Jamaican Dollar =  Euros
Trending: J$ exchange rates for the last 24 hours
  • JMD/USD 0.006399 0.00001182
  • JMD/EUR 0.005887 -0.00004015
  • JMD/JPY 0.993789 0.03427343
  • JMD/GBP 0.005051 -0.00001710
  • JMD/CHF 0.005787 0.00016188
  • JMD/MXN 0.106827 -0.00209069
  • JMD/INR 0.534211 0.00398282
  • JMD/BRL 0.032805 0.00107937
  • JMD/CNY 0.046196 0.00072344

JMD/EUR exchange rate analysis over the past 90 days

Jamaican Dollar to Euro exchange rate: Over the last 90 days, the Jamaican Dollar weakened by -0.68% against the Euro, declining from €0.0059 to €0.0059 per Jamaican Dollar. This trend reflects the evolving economic dynamics between the Jamaica and the European Union. Factors contributing to this weakening may include:

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

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

jmd/eur 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.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Jamaican Dollar to Euro 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 EUR is €0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Jamaican Dollar to Euro 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.