Today's HKD to JMD Price Update

MevTears · 2026-02-09T08:00:34+00:00

This report analyzes the HKD/JMD exchange rate, emphasizing market dynamics, economic influences, and technical indicators for traders. Key insights suggest a cautious approach amid overbought conditions.

MevTears

2026-02-09 08:00:34

Abstract generation in progress

Summary

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

Definition

The Hong Kong Dollar (HKD) is a major fiat currency pegged to the U.S. Dollar, while the Jamaican Dollar (JMD) is the official currency of Jamaica. The exchange rate between them reflects market perceptions of relative currency strength and economic conditions affecting both economies.

Today’s Price

1 HKD = 20.03 JMD
24h High: 19.9746 JMD
24h Low: 19.9619 JMD

Market Analysis

Recent HKD/JMD price movements reflect broader economic dynamics affecting both currencies. Jamaica’s economy, which is significantly influenced by tourism and mining sectors, responds to global economic trends and commodity price fluctuations.

Technical indicators: The 14-day Relative Strength Index (RSI) stands at 71.019, suggesting overbought conditions. Current technical ratings indicate a Strong Sell signal based on technical indicators.
Key tools for analysis: Traders should utilize technical analysis tools such as moving averages, RSI, and Bollinger Bands to identify trading opportunities in HKD/JMD pairs.
Trading strategy: Breakout trading focusing on key support and resistance levels can be an effective approach for HKD/JMD trading.

Conclusion

Continue to monitor the HKD/JMD pair closely, integrating technical indicators with an understanding of global economic trends affecting Jamaica’s tourism and mining sectors. Exercise caution given current overbought technical conditions and consider established support and resistance levels when developing trading strategies.

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.