Today's THB to JMD Price Update

Summary

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

Definition

The Thai Baht (THB) is the official currency of Thailand and a key fiat currency in Southeast Asia, while the Jamaican Dollar (JMD) is the legal tender of Jamaica. The exchange rate between them reflects market perceptions of relative currency valuations and investor confidence in both economies’ monetary stability.

Today’s Price

• 1 THB = 5.04 JMD
• 24h High: 5.0675 JMD
• 24h Low: 5.0291 JMD
• Current Rate: 5.0623 JMD

Market Analysis

The THB/JMD pair has demonstrated moderate volatility over the 24-hour period, with a trading range spanning approximately 0.0384 JMD.

• Technical levels: Key support at 5.0291 JMD, resistance at 5.0675 JMD
• Risk note: Traders should monitor for potential breakouts beyond the established daily range
• Trading opportunities: Watch for consolidation patterns within the 5.03–5.07 JMD zone for potential entry and exit points

Conclusion

Continue to monitor the THB/JMD pair closely to identify emerging trends and trading opportunities within the current market conditions. Traders are advised to apply appropriate risk management strategies when positioning in this currency pair.