Currency exchange rate Jamaican Dollar against the SONM. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Jamaican Dollar currency exchange rate against the SONM currency:
currency exchange rate history, background information, prediction and more about JMD/SNM

Chart of History of changes in the JMD/SNM exchange rate

JMD/SNM exchange rate on today

05 05, 2024
1 JMD = 2.415648 SNM
▼ -39.75 %

This page provides information about the currency pair Jamaican Dollar/SONM, and more precisely about how much 1 Jamaican Dollar costs in SONM.

Data on the currency pair JMD/SNM are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair JMD/SNM and make a balanced decision about buying and selling the currency you are interested in.

The page also provides information about the dynamics of the exchange rate of Jamaican Dollar/SONM, statistics and prediction of the exchange rate of these currencies in the near future from our experts.

How to make a forecast for currencies and cryptocurrencies?

There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:

  1. Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.

  2. Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.

  3. Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.

  4. Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.

In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.

Change in the JMD/SNM exchange rate over the past 30 days

For the last 30 days (04 06, 2024 — 05 05, 2024) the Jamaican Dollar exchange rate against the SONM currency changed by -38.24% (3.911298 SNM — 2.415648 SNM)

Change in the JMD/SNM exchange rate over the past 90 days

For the last 90 days (02 06, 2024 — 05 05, 2024) the Jamaican Dollar exchange rate against the SONM currency changed by -10.67% (2.704284 SNM — 2.415648 SNM)

Change in the JMD/SNM exchange rate over the past 365 days

For the last 365 days (05 07, 2023 — 05 05, 2024) the Jamaican Dollar exchange rate against the SONM currency changed by 21474.7% (0.01119667 SNM — 2.415648 SNM)

Change in the JMD/SNM exchange rate for all time

For all the time our site has been running (04 10, 2020 — 05 05, 2024) the Jamaican Dollar exchange rate against the SONM currency changed by 116.11% (1.117761 SNM — 2.415648 SNM)

Jamaican Dollar/SONM price prediction

Jamaican Dollar/SONM price prediction for the next 30 days*

06/05 1.19932 SNM ▼ -50.35 %
07/05 1.138668 SNM ▼ -5.06 %
08/05 1.265544 SNM ▲ 11.14 %
09/05 1.100265 SNM ▼ -13.06 %
10/05 2.142127 SNM ▲ 94.69 %
11/05 2.280078 SNM ▲ 6.44 %
12/05 1.619709 SNM ▼ -28.96 %
13/05 1.537708 SNM ▼ -5.06 %
14/05 1.803487 SNM ▲ 17.28 %
15/05 1.457327 SNM ▼ -19.19 %
16/05 1.537665 SNM ▲ 5.51 %
17/05 1.514308 SNM ▼ -1.52 %
18/05 1.03131 SNM ▼ -31.9 %
19/05 0.96313488 SNM ▼ -6.61 %
20/05 1.067975 SNM ▲ 10.89 %
21/05 1.246231 SNM ▲ 16.69 %
22/05 0.98508655 SNM ▼ -20.95 %
23/05 1.629924 SNM ▲ 65.46 %
24/05 1.916816 SNM ▲ 17.6 %
25/05 2.072485 SNM ▲ 8.12 %
26/05 2.214896 SNM ▲ 6.87 %
27/05 1.075428 SNM ▼ -51.45 %
28/05 0.89419916 SNM ▼ -16.85 %
29/05 0.77631262 SNM ▼ -13.18 %
30/05 1.987632 SNM ▲ 156.03 %
31/05 2.439501 SNM ▲ 22.73 %
01/06 1.63036 SNM ▼ -33.17 %
02/06 1.628274 SNM ▼ -0.13 %
03/06 1.63191 SNM ▲ 0.22 %
04/06 1.962087 SNM ▲ 20.23 %

* — Price prediction of the Jamaican Dollar/SONM currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.

Jamaican Dollar/SONM price prediction for the next 3 months*

06/05 — 12/05 2.811339 SNM ▲ 16.38 %
13/05 — 19/05 3.098127 SNM ▲ 10.2 %
20/05 — 26/05 1.235757 SNM ▼ -60.11 %
27/05 — 02/06 1.54036 SNM ▲ 24.65 %
03/06 — 09/06 1.40798 SNM ▼ -8.59 %
10/06 — 16/06 1.273051 SNM ▼ -9.58 %
17/06 — 23/06 2.259984 SNM ▲ 77.53 %
24/06 — 30/06 2.347982 SNM ▲ 3.89 %
01/07 — 07/07 2.050041 SNM ▼ -12.69 %
08/07 — 14/07 1.376895 SNM ▼ -32.84 %
15/07 — 21/07 1.385883 SNM ▲ 0.65 %
22/07 — 28/07 2.547371 SNM ▲ 83.81 %

Jamaican Dollar/SONM price prediction for the next year*

06/2024 2.489621 SNM ▲ 3.06 %
07/2024 4.360896 SNM ▲ 75.16 %
08/2024 3.916463 SNM ▼ -10.19 %
09/2024 5.408538 SNM ▲ 38.1 %
10/2024 168.05 SNM ▲ 3007.07 %
11/2024 1,325 SNM ▲ 688.3 %
12/2024 1,287 SNM ▼ -2.86 %
12/2024 822.39 SNM ▼ -36.09 %
01/2025 732.25 SNM ▼ -10.96 %
03/2025 778.24 SNM ▲ 6.28 %
03/2025 1,320 SNM ▲ 69.55 %
04/2025 854.32 SNM ▼ -35.25 %

Jamaican Dollar/SONM exchange rate statistics

For 30 days
Minimum 2.318962 SNM
Maximum 3.70927 SNM
Weighted Average 3.433112 SNM
For 90 days
Minimum 2.148893 SNM
Maximum 4.335173 SNM
Weighted Average 3.053315 SNM
For 365 days
Minimum 0.01131352 SNM
Maximum 6.019961 SNM
Weighted Average 1.64049 SNM

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department