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Jamaica Exchange Rate

Official exchange rate (LCU per US$, period average)  PA.NUS.FCRF

Jamaica's exchange rate was 160.88 in 2025, ranked 53rd globally. This represents a 2.8% increase from 2024. Data from World Bank, covering 1960–2025.

160.88 +4.44 (+2.8%)
Year 2025 Rank #53 Global Peak 160.88 (2025) Source World Bank

Jamaica Exchange Rate (1960–2025)

Overview

Jamaica's exchange rate stood at 160.88 in 2025, a rise of +4.44 from 2024. Based on recent trends, this figure is projected to reach 160.88 by 2025. Jamaica ranked 53rd globally.

Jamaica’s exchange rate has widened dramatically over the 66‑year series, moving from a trough of 0.71 in 1966 to an all‑time peak of 160.88 in 2025, the highest level recorded in the World Bank database and ranking the island nation 53rd globally. The steep depreciation reflects persistent balance‑of‑payments pressures, limited foreign‑exchange reserves and fiscal deficits that have outpaced export growth, especially after the 2008 global financial crisis and the more recent COVID‑19 shock. By contrast, peer economies such as Japan, with a 2025 rate of 163.95, and Haiti at 152.77 illustrate that Caribbean and small‑open economies can experience similarly elevated rates, though Japan’s figure reflects a different monetary regime. Structural reforms aimed at diversifying exports, improving tax collection and strengthening monetary policy credibility could stabilise the currency, while any resurgence in tourism or foreign direct investment would be needed to reverse the long‑term depreciation trend.

Data & projection

Year Exchange Rate YoY change Rank
2027* trend 167.16 - -
2026* trend 164.02 - -
2025* trend 160.88 - -
2025 160.88 +4.44 #53
2024 156.44 +2.28 #152
2023 154.16 +0.73 #153
2022 153.43 +2.64 #155
2021 150.79 +8.39 #155
2020 142.40 +9.09 #156
2019 133.31 +4.44 #155
2018 128.87 +0.91 #156
2017 127.96 +2.87 #158
2016 125.10 +8.13 #158
2015 116.97 +6.04 #155
2014 110.93 +10.54 #158
2013 100.40 +11.65 #156
2012 88.75 +2.86 #153
2011 85.89 −1.30 #155
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 10.3% Real rate -1.1%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Jamaica matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw exchange rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Jamaica's exchange rate?▾

Jamaica's exchange rate was 160.88 in 2025. Ranked 53rd globally. This represents a 2.8% increase from the previous year.

What was the highest exchange rate in Jamaica?▾

Jamaica's exchange rate peaked at 160.88 in 2025.

What was the lowest exchange rate in Jamaica?▾

The lowest exchange rate in Jamaica was 0.71 in 1960.

How does Jamaica rank in exchange rate?▾

Jamaica ranks 53rd globally in exchange rate as of 2025.

What is the World Bank indicator code for exchange rate?▾

The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.

What is the projected exchange rate of Jamaica in 2025?▾

Jamaica's exchange rate is projected to reach 160.88 by 2025 based on trend extrapolation.

What is the exchange rate of Jamaica in 2025?▾

The exchange rate of Jamaica in 2025 was 160.88. This ranks 53rd in the world.

Cite this page

APA
Jamaica Exchange Rate. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/jamaica/exchange-rate/
BibTeX
@misc{historysaid_jamaica_exchange-rate, title = {Jamaica Exchange Rate}, url = {https://historysaid.com/jamaica/exchange-rate/}, publisher = {HistorySaid}, year = {2026} }
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