Currency.Wiki

1 Japanese Yen to Jamaican Dollar

Updated 1 minute ago
Convert 1 JPY:JMD
 JPY =
    JMD
 Japanese Yen =  Jamaican Dollars
Trending: ¥ exchange rates for the last 24 hours
  • JPY/USD 0.006419 -0.00036812
  • JPY/EUR 0.005989 -0.00027009
  • JPY/GBP 0.005123 -0.00022364
  • JPY/CHF 0.005850 0.00000057
  • JPY/MXN 0.109908 -0.00652673
  • JPY/INR 0.535741 -0.02833868
  • JPY/BRL 0.032846 -0.00076379
  • JPY/CNY 0.046486 -0.00172997

JPY/JMD exchange rate analysis over the past 90 days

Japanese Yen to Jamaican Dollar exchange rate: Over the last 90 days, the Japanese Yen weakened by -5.06% against the Jamaican Dollar, declining from J$1.0540 to J$1.0032 per Japanese Yen. This trend reflects the evolving economic dynamics between the Japan and the Jamaica. Factors contributing to this weakening may include:

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

jpy/jmd Historical Chart

¥
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.

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 Japanese Yen 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 JPY to JMD is J$1.
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Yes, our site provides historical charts that show the trends and fluctuations in the Japanese Yen 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.