Countries that use the Jamaica Dollar
The Jamaica Dollar is an official national currency and used only in Jamaica. 1 Dollar is devided into 100 Cents.
1.00 Jamaica Dollar = 0.0077 US Dollar
Exchange rate history 1000 JMD in USD
Jamaica Dollar as currency
Currency reserves for the Jamaica Dollar
According to the International Monetary Fund, the total broad money (M3) amounted to JMD 1,112.80 billion at the end of 2016. For currency hedging, reserves were held in a total amount of 411.75 billion Dollars. This corresponds to a ratio of 1:2.7. Or in other words: 1 of 3 Dollars is deposited with a countervalue, which is internationally already above average.
All currency reserves are only held as foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions. There are no governmental gold stocks.Worldwide currency and gold reserves
All information without guarantee.