Currency.Wiki

1 Jamaican Dollar to Japanese Yen

Updated 4 minutes ago
Convert 1 JMD:JPY
 JMD =
    JPY
 Jamaican Dollar =  Japanese yen
Trending: J$ exchange rates for the last 24 hours
  • JMD/USD 0.006409 0.00003688
  • JMD/EUR 0.005911 -0.00000359
  • JMD/JPY 0.997551 0.04200321
  • JMD/GBP 0.005076 0.00001803
  • JMD/CHF 0.005803 0.00019542
  • JMD/MXN 0.107416 -0.00118497
  • JMD/INR 0.534964 0.00602541
  • JMD/BRL 0.033079 0.00138638
  • JMD/CNY 0.046298 0.00095586

JMD/JPY exchange rate analysis over the past 90 days

Jamaican Dollar to Japanese Yen exchange rate: Over the last 90 days, the Jamaican Dollar strengthened by 4.21% against the Japanese Yen, moving from ¥0.9555 to ¥0.9976 per Jamaican Dollar. This trend reflects the evolving economic dynamics between the Jamaica and the Japan. Factors influencing this rate may include:

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

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

jmd/jpy 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.

¥
Japanese Yen Currency

Country: Japan

Symbol: ¥

ISO Code: JPY

Bank: Bank of Japan

Interesting fact about Japanese Yen

The Japanese Yen (JPY) is the official currency of Japan. Introduced in 1871, it has a long history tied to Japan's economic growth. The JPY is widely used in international trade and is considered a safe-haven currency. It plays a crucial role in Japan's exports, imports, and domestic market, contributing to its status as the third-largest economy globally.

Quick Conversion Guide

Frequently Asked Questions

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