KINGSTON, Jamaica — In the final trading session of the year, the Jamaican dollar demonstrated notable strength against major global currencies. According to the latest daily exchange trading summary released by the Bank of Jamaica, the US dollar concluded trading on Tuesday, December 30, at a rate of J$159.83, marking a decrease of nine cents from previous valuations.
The Caribbean nation’s currency exhibited mixed performance across other currency pairs. The Canadian dollar experienced a slight depreciation, finishing the day’s trading at J$116.36 compared to its previous close of J$116.56. Conversely, the British pound sterling weakened against the Jamaican dollar, settling at J$214.09 after previously trading at J$212.89.
These currency fluctuations occurred during typically subdued year-end trading activity, reflecting both local economic conditions and broader global market influences. The Bank of Jamaica’s comprehensive monitoring of foreign exchange movements provides crucial data for economists, investors, and businesses engaged in international trade and financial planning.