FX Rate to USD (Implied Based on PPP of GDP) rose 4.71% to 72.4 per USD in Jamaica in 2017

FX Rate to USD (Implied Based on PPP of GDP) (per USD)
Economy | Jamaica | May 17, 2019
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FX rate to USD as implied by PPP of GDP reached 72.4 per USD in 2017 in Jamaica, according to the National Statistical Office. This is 4.71 % more than in the previous year.

Historically, FX rate to USD as implied by PPP of GDP in Jamaica reached an all time high of 72.4 per USD in 2017 and an all time low of 2.89 per USD in 1990. When compared to Jamaica's main peers, FX rate to USD as implied by PPP of GDP in Cayman Islands amounted to 0.934 per USD, 20.9 per USD in Dominican Republic and 27.6 per USD in Haiti in 2017.

Jamaica has been ranked 50th within the group of 168 countries we follow in terms of FX rate to USD as implied by PPP of GDP, 2 places above the position seen 10 years ago.

The purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as a US dollar would buy in the United States.

FX Rate to USD (Implied Based on PPP of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bahamas per USD 0.949 0.962 0.941 0.953 1.00
Cayman Islands per USD 0.959 0.951 0.948 0.946 0.941
Cuba per USD 0.322 0.325 0.329 ... ... ... ...
Dominican Republic per USD 19.4 20.1 20.6 20.7 20.6
Haiti per USD 19.1 19.7 20.7 21.2 22.4
Jamaica per USD 54.1 56.6 60.3 63.3 66.8
Mexico per USD 7.67 7.86 7.88 8.05 8.33
Puerto Rico per USD 0.798 0.792 0.787 0.782 0.789
USA per USD 1.00 1.00 1.00 1.00 1.00