Bitcoin through the yard lens. Official Bank of Jamaica rates.
The yard dollar since 2006
Official BOJ USD/JMD counter rate, one point per month. How many Jamaican dollars one US dollar buys.
2006: J$63.76 per US dollar → today: J$153.47 (+141%).
What J$100 bought in 2006 costs about J$241 today. The JMD kept only 42% of its 2006 strength.
This line only ever goes one way. Currencies managed by committees devalue; money with a fixed supply can't.
1 Bitcoin in Jamaican dollars, past year
The price of one Bitcoin measured in yard dollars (CoinGecko USD price × official BOJ rate)
One year ago: J$18,962,892 → Today: J$12,705,068 (-33% in yard dollars)
Same story as the chart above, through Bitcoin: the yard dollar loses ground every year, so everything priced in it gets more expensive — Bitcoin included.
The yard dollar melts in your pocket
What J$100,000 saved in Jamaican dollars is really worth over time, measured in what it can buy.
Money saved in JMD in 2006 had 42% of its purchasing power left by today.
The chart above counts the same decline in exchange rate. This is what it means for money under your mattress.