Investopedia

JMD

Filed Under » , ,
Dictionary Says

Definition of 'JMD'

The currency abbreviation or the currency symbol for the Jamacian dollar (JMD), the currency for Jamaica. The currency is made up of 100 cents and is often presented with the symbol (J$) or (JA$). The Jamaican dollar was also formerly used in the Cayman Islands.
Investopedia Says

Investopedia explains 'JMD'

The Jamaican dollar was first seen replacing the Jamaican pound in 1969. Both coins and notes were issued, but its value has fallen substantially since then, reaching new lows early in 2009. Many bills have been replaced by coins, and a $1000 note began circulating in 2000.

Articles Of Interest

  1. The Greatest Currency Trades Ever Made

    These speculators took big positions - and scored huge profits - in the currency market.
  2. The New World Of Emerging Market Currencies

    Take advantage of foreign currency markets without stepping out of your house.
  3. What Causes A Currency Crisis?

    Find out what can cause a currency to collapse and what central banks can do to help.
  4. The Yen Is Setting Up To Be An Attractive Long-Term Investment

    As Japan embarks on quantitative easing, the yen has come under pressure. Will it continue to be the source of big profits in the latter half of 2013?
  5. 3 Costly Spelling Errors

    History has proved that some spelling errors can cost companies and governments millions of dollars.
  6. The Most Counterfeit-Proof Currencies

    The IACA awards provide some of the best insight into the currencies that are proving the most difficult to fake.
  7. An Introduction To Complementary Currencies

    There are alternatives to national currencies. Discover complementary currencies and how they work.
  8. 10 Most Indebted Nations

    There are many different ways to measure debt. See how the top 10 indebted nations change, depending on how you look at it.
  9. The Origins Of Common Currency Symbols

    Check out some of the world's most heavily traded currencies and their origins.
  10. The Life Of A $20 Bill

    Next time you pull a $20 out of your wallet, consider where it has been.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
  2. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.
  3. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
  4. Icarus Factor

    The term Icarus factor describes a situation where managers or executives initiate an overly ambitious project which then fails. Fueled by excitement for the project, the executives are unable to reign in their misguided enthusiasm before it is too late to avoid the failure.
  5. Angelina Jolie Stock Index

    An index made up of a selection of stocks from companies associated with actress Angela Jolie.
  6. Consequential Loss

    The amount of loss incurred as a result of being unable to use business property or equipment.
Trading Center