Today's ZAR to JMD Price Update

robot
Abstract generation in progress

Summary

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

Definition

The South African Rand (ZAR) is the official currency of South Africa, while the Jamaican Dollar (JMD) is the legal tender of Jamaica. The exchange rate between them reflects market conditions, macroeconomic factors, and investor sentiment across both regions.

Today’s Price

  • 1 ZAR = 9.56 JMD
  • 24h High: 9.5781 JMD
  • 24h Low: 9.5543 JMD

Market Analysis

The ZAR/JMD exchange rate shows relatively tight intraday volatility, with a trading range of approximately 0.0238 JMD between the 24-hour high and low points.

  • Technical levels: Key support at 9.5543 JMD, resistance at 9.5781 JMD
  • Risk note: Traders should monitor for potential breakouts beyond established daily ranges
  • Trading opportunities: Watch for consolidation patterns within the 9.55–9.58 JMD range for potential entry and exit signals

Conclusion

Continue to monitor the ZAR/JMD pair closely, integrating technical levels with regional economic developments. For active traders, focus on range-bound trading strategies within identified support and resistance zones.

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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)