Today's MXN to JMD Price Update

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Summary

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

Definition

The Mexican Peso (MXN) and Jamaican Dollar (JMD) are important fiat currencies in their respective regions. The exchange rate between them reflects market sentiment and the relative economic conditions of Mexico and Jamaica, serving as a key indicator for forex traders and investors monitoring Latin American and Caribbean currency markets.

Today’s Price

  • 1 MXN = 8.87 JMD (as of January 5, 2026, 10:00:04 UTC)
  • 24h High: 8.9271 JMD
  • 24h Low: 8.8111 JMD
  • Current Rate: 8.8384 JMD

Market Analysis

The MXN/JMD pair is experiencing moderate volatility within a defined range, with the currency pair fluctuating between its 24-hour highs and lows.

  • Technical Analysis Focus: Traders utilize moving averages, Relative Strength Index (RSI), and Bollinger Bands to identify trading opportunities and support/resistance levels in this currency pair
  • Risk Note: Intraday volatility of approximately 0.116 JMD (approximately 1.3%) suggests traders should employ appropriate risk management strategies
  • Trading Opportunities: Monitor price action near key support and resistance zones established within the 24-hour trading range for potential entry and exit points

Conclusion

Continue to monitor the MXN/JMD pair closely, utilizing technical analysis tools and live market data to identify trading opportunities. Traders should focus on support and resistance levels within the established range and adjust positions based on emerging market dynamics.

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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