Below is a table summarizing how the Jamaican dollar has continued to lose value from the years 1971 to 2014.

The data shows the average annual exchange rate which is calculated as a simple average from end of month rates.

You will notice huge leaps in devaluation between some years and years with minimal changes in the value of the dollar.

It is remarkable how quickly the dollar has weakened in a relatively short time frame.

YEARUSDVSJMD
1971USD$1.00=J$0.77
1972USD$1.00=J$0.77
1973USD$1.00=J$0.90
1974USD$1.00=J$0.91
1975USD$1.00=J$0.91
1976USD$1.00=J$0.91
1977USD$1.00=J$0.91
1978USD$1.00=J$1.41
1979USD$1.00=J$1.76
1980USD$1.00=J$1.78
1981USD$1.00=J$1.78
1982USD$1.00=J$1.78
1983USD$1.00=J$1.92
1984USD$1.00=J$3.94
1985USD$1.00=J$5.58
1986USD$1.00=J$5.50
1987USD$1.00=J$5.51
1988USD$1.00=J$5.51
1989USD$1.00=J$5.77
1990USD$1.00=J$7.24

 

1991USD$1.00=J$12.22
1992USD$1.00=J$22.99
1993USD$1.00=J$25.11
1994USD$1.00=J$33.29
1995USD$1.00=J$35.35
1996USD$1.00=J$37.25
1997USD$1.00=J$35.51
1998USD$1.00=J$36.65
1999USD$1.00=J$39.20
2000USD$1.00=J$43.08

 

2001USD$1.00=J$46.08
2002USD$1.00=J$48.54
2003USD$1.00=J$57.93
2004USD$1.00=J$61.34
2005USD$1.00=J$62.50
2006USD$1.00=J$65.88
2007USD$1.00=J$69.06
2008USD$1.00=J$72.92
2009USD$1.00=J$88.49
2010USD$1.00=J$87.38
2011USD$1.00=J$86.08
2012USD$1.00=J$88.99
2013USD$1.00=J$100.77
2014USD$1.00=J$111.22
2015USD$1.00=J$117.31
2016USD$1.00=J$125.14

 

Source: Bank of Jamaica

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Below is a table summarizing how the Jamaican dollar has continued to lose value from the years 1971 to 2014.The data shows the average annual exchange rate which is calculated as a simple average from end of month rates.You will notice huge leaps in devaluation between some years and years...

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