Today's BRL to JMD Price Update

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Summary

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

Definition

The Brazilian Real (BRL) is a major fiat currency representing Latin America’s largest economy, while the Jamaican Dollar (JMD) serves as the official currency of Jamaica. The exchange rate between them reflects market sentiment regarding currency valuation and economic conditions in both regions.

Today’s Price

  • 1 BRL = 29.59 JMD (as of 2026-01-24 11:00:15)
  • 24h High: 29.8338 JMD
  • 24h Low: 29.6793 JMD

Market Analysis

The BRL/JMD pair is currently trading near the lower end of today’s range, indicating moderate volatility within a relatively tight band.

  • Technical levels: Key support at 29.68 JMD, resistance at 29.84 JMD
  • Risk note: Traders should monitor for potential breakouts beyond the established daily range
  • Trading opportunities: Watch for consolidation patterns near 29.70–29.80 JMD for potential entry points

Conclusion

Continue to monitor the BRL/JMD pair closely to identify emerging trends and potential trading opportunities within the current market environment.

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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