USD to JMD Exchange Rate - Convert US Dollar to Jamaican Dollar

Converting from US Dollar (USD) to Jamaican Dollar (JMD)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and one of the most widely used currencies in the world. It is denoted by the symbol $ and is subdivided into 100 smaller units known as cents. The USD is the primary currency for international trade and is recognized globally, making it a standard for many economic transactions.

Historically, the US Dollar emerged in the late 18th century as a means to unify the diverse currencies used across the newly formed United States. It is now issued by the Federal Reserve System, which ensures its stability and trustworthiness. The dollar is often used as a benchmark currency in global finance, influencing exchange rates and investment decisions worldwide.

What is Jamaican Dollar (JMD)

The Jamaican Dollar (JMD) is the official currency of Jamaica. It is represented by the symbol J$ and is also divided into 100 cents. Each Jamaican Dollar is further broken down into smaller denominations like coins, which consist of 1, 5, 10, 20, 50 cents, and J$1, J$5, J$10, and J$100 banknotes.

The Jamaican Dollar was introduced in 1969 to replace the Jamaican pound as part of efforts to simplify the currency system. Today, the JMD is managed by the Bank of Jamaica, which is responsible for maintaining its value against other currencies. The exchange rate of the JMD can be influenced by various factors, including inflation rates, interest rates, and the overall economic health of Jamaica.

Converting Between USD and JMD

Converting US Dollars to Jamaican Dollars (and vice versa) is a straightforward process, but it requires an understanding of current exchange rates. These rates fluctuate based on the economic conditions of both countries, so it's essential to check regularly for the most accurate figures.

To convert USD to JMD, you can use the formula:

Amount in JMD = Amount in USD × Current Exchange Rate

For example, if the exchange rate is 150 JMD for 1 USD, then converting $10 USD would result in:

Amount in JMD = 10 USD × 150 JMD/USD = 1500 JMD

Similarly, if you want to convert JMD back to USD, the formula becomes:

Amount in USD = Amount in JMD ÷ Current Exchange Rate

Understanding the conversion process and keeping an eye on exchange rates will help you make informed decisions whether you are a traveler, investor, or someone with ties to these two economies. Knowing the value of each currency allows for better financial planning and smarter transactions.

US Dollar to Jamaican Dollar conversion table

USD to JMD conversion table

US Dollar (USD)Jamaican Dollar (JMD)
1 USD156.77340720222 JMD
2 USD313.54681440444 JMD
3 USD470.32022160666 JMD
4 USD627.09362880888 JMD
5 USD783.8670360111 JMD
6 USD940.64044321332 JMD
7 USD1 097.41385041554 JMD
8 USD1 254.18725761776 JMD
9 USD1 410.96066481998 JMD
10 USD1 567.7340720222 JMD
100 USD15 677.340720222 JMD
200 USD31 354.681440444 JMD
300 USD47 032.022160666 JMD
400 USD62 709.362880888 JMD
500 USD78 386.70360111 JMD
600 USD94 064.044321332 JMD
700 USD109 741.385041554 JMD
800 USD125 418.725761776 JMD
900 USD141 096.066481998 JMD
1 000 USD156 773.40720222 JMD
2 000 USD313 546.81440444 JMD
5 000 USD783 867.0360111 JMD
10 000 USD1 567 734.0720222 JMD
20 000 USD3 135 468.1440444 JMD
50 000 USD7 838 670.360111 JMD
100 000 USD15 677 340.720222 JMD
Last updated March 14, 2025 at 05:55 AM