Today's ZAR to JMD Price Update

Rugman_Walking · 2026-02-28T07:00:10+00:00

This report analyzes the exchange rate between the South African Rand (ZAR) and Jamaican Dollar (JMD), highlighting market dynamics, technical signals, and trading opportunities for investors.

Rugman_Walking

2026-02-28 07:00:10

Abstract generation in progress

Summary

This report provides the real-time exchange rate between the South African Rand (ZAR) and Jamaican Dollar (JMD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South African Rand (ZAR) is a major fiat currency representing the economy of South Africa, while the Jamaican Dollar (JMD) is the official currency of Jamaica. The exchange rate between them reflects market sentiment regarding both economies and serves as an important indicator for traders engaging in emerging market currency pairs.

Today’s Price

1 ZAR = 9.76 JMD
24h High: 9.8215 JMD
24h Low: 9.7755 JMD

Market Analysis

The ZAR/JMD pair is currently experiencing downward pressure, as indicated by technical indicators. The 14-day Relative Strength Index (RSI) stands at 40.554, suggesting a bearish bias for the pair.

Technical focus: Current price action near recent support levels; traders should monitor key resistance and support zones using candlestick patterns and moving averages
Risk note: Jamaica’s economy is influenced by tourism and mining sectors, making global economic trends and commodity prices important factors for JMD movement
Trading opportunities: Watch for potential breakout trading opportunities when price breaks through key support or resistance levels; consider utilizing technical analysis tools such as RSI and Bollinger Bands

Conclusion

Continue monitoring the ZAR/JMD pair closely, combining technical analysis tools and market sentiment to develop a comprehensive trading strategy and capitalize on emerging opportunities.

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