Today's EUR to JMD Price Update

Summary

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

Definition

The Euro (EUR) is one of the world’s major fiat currencies, while the Jamaican Dollar (JMD) is the official currency of Jamaica. The exchange rate between them reflects market sentiment on currency valuations and is particularly relevant for traders capitalizing on exchange rate fluctuations influenced by Jamaica’s trade relationships with the European Union.

Today’s Price

• 1 EUR = 184.45 JMD (as of 2026-02-20)
• 24h High: 183.6378 JMD
• 24h Low: 182.5322 JMD

Market Analysis

Recent EUR/JMD price movements reflect ongoing currency market dynamics. According to forecasts, the EUR to JMD exchange rate is expected to see a -3.05% decline over the next year, with a projected rate of 179.39 JMD per EUR.

• Technical tools: Traders can utilize technical analysis tools such as moving averages, RSI, and Bollinger Bands to identify trading opportunities in EUR/JMD pairs
• Trading opportunities: Watch for potential movements as market forecasts suggest downward pressure, with some technical analyses indicating possible upside targets near 192.109 JMD

Conclusion

Continue to monitor the EUR/JMD pair closely using real-time mid-market exchange rates and historical data. Traders should employ technical analysis strategies to navigate the currency pair’s volatility and identify entry and exit points aligned with their trading objectives.