Today's CAD to JMD Price Update

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Summary

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

Definition

The Canadian Dollar (CAD) is a major fiat currency representing the economic strength of Canada, while the Jamaican Dollar (JMD) serves as the official currency of Jamaica. The exchange rate between them reflects market sentiment regarding both economies and serves as an important indicator for traders engaged in North American and Caribbean forex markets.

Today’s Price

  • 1 CAD = 114.18 JMD (as of January 12, 2026)
  • 24h High: 114.271 JMD
  • 24h Low: 113.7624 JMD

Market Analysis

The CAD/JMD pair’s recent price movement reflects Jamaica’s economic fundamentals, which are significantly influenced by tourism and mining sectors. Jamaica’s economy remains sensitive to global economic trends and commodity price fluctuations, which in turn affect the demand for JMD in forex markets.

  • Technical levels: The 14-day Relative Strength Index (RSI) stands at 38.872, suggesting a bearish sentiment for the pair
  • Risk note: Traders should monitor global economic data and commodity price movements, as these factors directly impact Jamaica’s economic performance and currency valuation
  • Trading opportunities: Utilize technical analysis tools such as moving averages, RSI, and Bollinger Bands to identify entry and exit points; consider breakout trading strategies around key support and resistance levels

Conclusion

Continue to monitor the CAD/JMD pair closely, integrating technical indicators with Jamaica’s economic fundamentals. Combine various analytical tools to develop a comprehensive trading strategy and capitalize on emerging market opportunities.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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