The Jamaican dollar continues its slide against the American dollar in 2021, declining by approximately $10.74 or 7.44 per cent relative to the $144.41 reported as at December 2020.
In addition, the Jamaican dollar depreciated by as much as $1.16 in December 2021 to close the month at an average of $155.15 relative to the $156.31 recorded the previous month in November 2021.
Year over year, the Jamaican dollar depreciated from $144.41 at the beginning of 2021 to end the year at $155.15
Last week, the Jamaican dollar depreciated 0.55 per cent,0 with the US dollar moving from a selling rate of $155.85 on January 14, 2022 to $156.71 on January 21, 2022.
https://www.jamaicaobserver.com/business-observer/jamaican-dollar-declines-7-4-in-2021_242285?profile=1056
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