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The average selling rate of the Jamaican dollar hit the $131 mark to the United States currency for the first time yesterday.

The average selling rate, according to the Bank of Jamaica trading summary, was $131.32.

The exchange rate reached the psychological $130 mark on May 10.

It then goes on to appreciate to a low of $128.16 on July 18, then fluctuated between $129 and $130 before reaching the $131 mark to US$1 on Thursday, September 14.

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Comment by Divine God on September 18, 2017 at 3:38pm
So if I have 7 US$ that's a 1,000 Jamaican $. Makes no damn sense. If you got $7000 US dollars you a millionaire in Jamaica. Better know how to count when you go to J A

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