Strongest & Most Powerful Caribbean Currencies

Поділитися
Вставка
  • Опубліковано 26 лис 2024

КОМЕНТАРІ • 860

  • @harim1678
    @harim1678 Рік тому +64

    We all in this together,no matter what part of the Caribbean we come from,we family!🇧🇸

  • @adiaj9228
    @adiaj9228 Рік тому +105

    Bahamas $BSD 🇧🇸💪🏿. I pray that the Caribbean, especially independent Caribbean nations continue to strive and grow economically stronger with more diversified economies. We can do this.

  • @jamesraymond2089
    @jamesraymond2089 Рік тому +26

    Until 1996 the Haitian Gourde used to 5 gourdes for $1 . But the politicians destroy the pearl.of the Caribbean. Praying for Haiti to be back on track and take its place back in the world and the Caribbean. 🇭🇹 🇭🇹 🇭🇹 🇭🇹 🇭🇹

    • @vesuvio3364
      @vesuvio3364 4 місяці тому

      The term "Pearl of the Caribbean" was used during the French colonization era. It was often used to describe Saint-Domingue (present-day Haiti) due to its immense wealth from sugar plantations and its strategic importance in trade during that time period.

  • @soniawhyte5710
    @soniawhyte5710 Рік тому +19

    Very informative and helpful, well presented ❤😊

  • @AmronC24
    @AmronC24 9 місяців тому +8

    The Caribbean need to have one currency. Great info

    • @Fetebandits
      @Fetebandits 7 місяців тому +1

      They all were invited to join the EC when it was created. The slightly larger islands like Jamaica and Haiti rejected the idea and they are suffering the consequences economically for that right now. All the Caribbean islands would’ve had the same dollar and thus trade among the islands would have been more seamless and function as one economy. The EC islands have been some of the strongest independent countries for decades now.

  • @kariiek8913
    @kariiek8913 Рік тому +18

    If we stop fighting against each other trade and products. The Caribbean would be much more stronger. Our products are of the highest quality but we keep trying to outdo each other and that's lead to many Caribbean countries $$ suffering. We are one and it's time we stand as one.

    • @PatriciaKing-hr1sm
      @PatriciaKing-hr1sm Рік тому

      It's not a bad idea but those unscrupulous I don't know what to say would find a way to sabotage your product finding them a less of a quality. They are full of conspiracy theories for their money making benefits. That's all

    • @theprophet489
      @theprophet489 9 місяців тому

      If you know the history you would know they was going to get together but the evil west again intervene and screw up everything

  • @jaymartin6956
    @jaymartin6956 Рік тому +56

    Eastern Caribbean currency is doing great 👍 💯

  • @Seven-up7bh
    @Seven-up7bh Рік тому +13

    Thank you for that info it was really appreciated 👁️🙏🌍🇧🇸

  • @backedupwithtruth7525
    @backedupwithtruth7525 Рік тому +97

    May God continue to bless our Caribbean family of nations with health and prosperity 🙏🏾. Greetings from the Commonwealth of the Bahamas 🇧🇸

    • @johnking511
      @johnking511 Рік тому +4

      I'm very impressed with the video, and I will continue to use future presentations as a source of reliable information

    • @5mviews69
      @5mviews69 Рік тому +5

      🇧🇸🇧🇸

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +4

      Yes ! And help them to Stop Hating each other and Comparing each other and learn to get along and make themselves a Force to be Reckoned with ! Stop Tearing down each other and being so Grudgefull Minded ! it seems like the only time we are good together , is when we are in a Foreign Land ! This is something I have Noticed !

    • @blairboyd5617
      @blairboyd5617 Рік тому

      @@jeremyboyce1537 The only time people know each other,is when there is a disaster to one of islands. Then people are pretending to be self righteous with each other and, after everything get back to normal. They gone back to their hateful ways,most of the people in the region. Only believes in the white ideology and philosophy, Bahamas is not really a nice set of people. I been there a couple of times and, I don't seeing myself living there. The thing with some of our people them, they does not read enough to gain knowledge, because people is calling you Caribbean people. You are not,it is north America continent,it is the Caribs Indians the name came from,ok.

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +4

      Thank you My Friend from the Bahamas 🇧🇸 , God Bless you and Keep You and Make His Face to Shine Upon You and Be Gracious Unto You ! With Love From Barbados 🇧🇧 and on the Behalf of All Caribean Nations !!!!!!

  • @mrwonderful3594
    @mrwonderful3594 Рік тому +7

    This video is very knowledgeable .. Thanks for sharing 💪👍🏿💕🇨🇦🇹🇹

  • @cssrao4992
    @cssrao4992 Рік тому +9

    As a Senior Development Economist, I greatly appreciate your valuable and crisp analysis of regional Currencies
    Good work!

  • @frankbekoe3109
    @frankbekoe3109 Рік тому +12

    My joy with this video is getting to know all the Caribbean countries

  • @dakotarobert7975
    @dakotarobert7975 Рік тому +18

    WOW in 1965 I remembered $1.00 US dollar equal to 5 Haitian Goude. While Japanese Yen was around 250 for one dollar. 2023 the Dollar has a value of 150 Goude while the Japanese is down to 125 yen to the dollar.
    Big difference.

    • @509LM
      @509LM Рік тому +3

      That’s because it was pegged to the dollar then, today it’s a floating currency.

  • @jermainefjolly
    @jermainefjolly Рік тому +165

    Jamaican dollar is not used in the Bahamas , please correct that !!!!

    • @angie4u3
      @angie4u3 Рік тому +24

      I think he said it can be exchaged for other currencies which is not to same as used.

    • @millzmillz3762
      @millzmillz3762 Рік тому +7

      ​@Andrea Wilson actually she's right you're wrong. He'd did say accepted, he also said exchangeable

    • @natty.roots.423
      @natty.roots.423 Рік тому +4

      It can be exchanged in the Bahamas.

    • @monicaroberts1336
      @monicaroberts1336 Рік тому +14

      Jamaican dollars cannot cross the edge of Montego bay are Kingston, accepted no where in the world but it's born ground Jamaica

    • @shannadelancy2131
      @shannadelancy2131 Рік тому +2

      We exchange it

  • @dy6682
    @dy6682 Рік тому +7

    With my Canadian dollar was able to buy real estate in Jamaica very cheap ! The weakness of a currency could present great investment opportunities if you know the game .

  • @thereselewis6219
    @thereselewis6219 Рік тому +9

    Blessings to. the Caribbean countries, big up, thanks for sharing 👍💯.

  • @sandramedard7264
    @sandramedard7264 Рік тому +57

    I learned a lot about the different currencies and it is interesting to know that our Eastern Caribbean dollar is stable to the US dollar.

    • @natty.roots.423
      @natty.roots.423 Рік тому

      FOOLS GOLD! You all don't have an economy.

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +1

      Yeah , Barbados uses to use that Currency at one time in the Sixties and Seventies , actually , I still have some good money here in a can somewhere ! I would give it away to anyone who would want it ! When I visited The Grenadines , I didn't even remember to take it with me and that was a Trip I did in 1996 , I was Traveling to Canada and England , since that .

    • @Flashymonk12
      @Flashymonk12 Рік тому +2

      Yes the Caribbean Islands plan were to use one currency which were suppose to be Eastern Caribbean but a few of the Islands didn’t follow through and their dollar value dropped drastically…e.g Barbados, Trinidad, Jamaica, Guyana etc…

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому

      @@Flashymonk12, Togetherness and Cooperation is Key and that was not the Case with some of Our Caribbean Brothers and Sisters ! What you need to do , is to go and find that bit of Information about the Federation and I think you would Understand a lot more .

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +1

      @@Flashymonk12, Barbados dollar is two to one US Dollar , the Eastern Caribean Currency is what ? Help me to Understand ? I am thinking about what you are saying but I am still Puzzled !

  • @seidigriffith2690
    @seidigriffith2690 Рік тому +6

    Correction,although barbados currwncy is high it is not accepted on the street in other caribbean countries,only at the banks.

  • @roysnabilie8345
    @roysnabilie8345 Рік тому +14

    The Suriname dollar is now close to 40-1 USD

  • @kanvers4699
    @kanvers4699 Рік тому +68

    All Caribbean countries currencies should be use between each other for trade and other means

    • @hillieduvalier
      @hillieduvalier Рік тому +5

      Ask U.S why not??

    • @khadijahkhan2991
      @khadijahkhan2991 Рік тому +5

      I agreed with that

    • @KingSasha_
      @KingSasha_ Рік тому +3

      This is true

    • @trini2DBone134
      @trini2DBone134 Рік тому +15

      There should one caribbean currency tbh

    • @jusscool-co3ef
      @jusscool-co3ef Рік тому +2

      Nope jamaica and trinidad and most of the rest currency aint worth nothing just a whole lot of notes each worth 1 dollar or so ECD is the way to go

  • @liizzset
    @liizzset Рік тому +4

    I have learnt alot from this video. I didn't know much information about many of these Caribbean currencies. Heard about them in passing over the years as I have some family members from some of the different islands mentioned here on this list. Also, and truthfully didn't realise that my country's currency had slipped so low. Thanks for the information. One Love from 🇯🇲.

    • @anthonypaul6788
      @anthonypaul6788 Рік тому +2

      I have told many Americans that there dollars is 84 cent in my inlands . And there don't believe me. I was in born in the Cayman islands and grow up in Barbados

  • @masalamouth
    @masalamouth Рік тому +7

    This was very informative... Thank you!🙏

  • @scorpio200218
    @scorpio200218 Рік тому +16

    If your export market is strong and imports are low, having a weaker currency is not necessarily a bad thing.

  • @chrissystewart6268
    @chrissystewart6268 Рік тому +4

    So exciting I found my excitement learning Caribbean Currency . I want to be an expert, experience Caribbean more . I'm from Baltimore Maryland I hated my hometown . but I'll keep watching this video my hopes learn about Caribbean life

  • @jenntopp1
    @jenntopp1 Рік тому +26

    The Barbados currency has stood strong and alone for a long as I can remember. Good to know Barbados hasn’t adopted another country’s currency as their own.

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +2

      Careful Janet , you will get some Backlash cause I was saying something that everyone should Agree to and Learn from but rather than Acknowledge that , they were showing me what I alway thought , Grudge and Envy , I deleted All My Post and Done With That ! I have nothing more to say !

    • @jenntopp1
      @jenntopp1 Рік тому +5

      @@jeremyboyce1537 I hear you. People will try and cancel a person for their own thoughts and opinions. But I stand firm on what I’m happy about with the Bajan dollar. Having the euro or the USD as your currency is great but isn’t the flex people think it is. At least islands like Jamaica etc with weaker currencies HAVE their own currency. It is what it is.

    • @chuckbrooks2271
      @chuckbrooks2271 Рік тому +1

      What make Barbados 🇧🇧 dollar strong? Cause bim don't even product a toothpick, and productivity is key..
      Just wait the US dollar is going to get an awaking, so if you pegged with them, wait and see... economics 101

    • @jenntopp1
      @jenntopp1 Рік тому +3

      @@chuckbrooks2271 Yes you’re right….however, the video primarily compared Caribbean currency to the USD, for me it’s how far will my money take me not only on the island but outside, I look at the economy, school system, health and basic standard of living. Barbados has been able to maintain a reasonable standard of living for its citizens despite being a so called third world country and only having tourism to rely on now. When the USD tanks as is predicted no doubt most countries on earth will be impacted. As for now and historically Barbados has been able to maintain its economic strength in the islands. This in part is reflected in the strength of its currency. This my 2 cents 😁

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +6

      @@chuckbrooks2271, please don't blame me for something I didn't do ! I have no problem with anyone's option about their Country but I am merely stating Barbados 🇧🇧 and what was done to maintain a Strong Currency ! Now everybody had their say and it wasn't a problem but as soon as I said something , I am getting all kinds of Backlash but yet still , everyone comes here to get what we have and we produce nothing !!!! According to you ! So what is it then ? What is it ? Do People come somewhere for NOTHING ?

  • @jesuschristhandpick1702
    @jesuschristhandpick1702 Рік тому +2

    Very interesting and informative, instant subscribe

  • @imeldapolymise8457
    @imeldapolymise8457 Рік тому +7

    Great info. The $EC is not doing too badly after all. Thank you.

  • @jelinthemix
    @jelinthemix Рік тому +23

    So now that Guyana has Oil & Gas, will it change in value over time?

    • @dmvbay2535
      @dmvbay2535 Рік тому +4

      Guyana's currency will evolve over time.

    • @alawoye
      @alawoye Рік тому +2

      Yes, that’s why it’s wise to either hold GYD while it’s still undervalued or hold assets denominated in GYD, to gain from the appreciation

    • @dereck4187
      @dereck4187 Рік тому +5

      It's easy to say but this is not the world we live in. They are so much factors that have to change globally and political in the country for it to have such value.

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому

      I would hope so DJ but it is not as easy as that cause a lot would have to be done and it might be best to get more Disposable Income among the People with the Masses having more spending power ! Creat a strong Dept Relief Programme and a (Gert) Guyana Economic Relief and Transformation Programme that would help to Stabilise the Country , in other words , let's hope the Government stays Focused !

    • @elcajarvis5773
      @elcajarvis5773 Рік тому

      Guyana is located in South América

  • @dwighthalls6556
    @dwighthalls6556 Рік тому +20

    The Barbados $$ is NOT used in Trinidad & Tobago. The only freely accepted $$ besides the TT $ is the US dollar

    • @15tintin
      @15tintin Рік тому +3

      @@ladydianaonline maybe because he just wanted to help you and not be problematic and unkind he allowed it but that bajan dollar has never been used by locals maybe just to accommodate our Caribbean brother or sister when they visit but it's NOT and NEVER been a second 3rd 4th or 5th currencies used here

    • @julianmarshall2127
      @julianmarshall2127 Рік тому +2

      Businesses there probably don't use it,but you can take Barbados money to the banks there and they would change it for you,but if memory serves me right,when I went to Trinidad in 2007,the who owned to apartment where I stayed told me I could pay in Barbados dollar if I wanted.

    • @Tejaye777
      @Tejaye777 6 місяців тому

      @@ladydianaonline Seriously we really use our TT dollar or the US. You can't use any other currency in Trinidad and Tobago. If someone takes it that would definitely be against the norm. You can't even tender Euros or pounds here.

    • @horizonsglobalmedia
      @horizonsglobalmedia 5 місяців тому

      The T& T dollar is not spent in Barbados either, so what is the point being made here? Caribbean countries should support each currencies through strong trade.

    • @horizonsglobalmedia
      @horizonsglobalmedia 5 місяців тому

      Interestingly, the Barbados dollar is used as a resevered currency by Trinidad and Tobago.

  • @skylane1829
    @skylane1829 Рік тому +6

    Thank you for sharing your video.
    Many Blessings to the Carib nations 🙏🏻❤

    • @juniorsamuels6060
      @juniorsamuels6060 9 місяців тому

      Big up the Caribbean we are still neighbors though the jamaican dollar under pressure

  • @melvinbridgewater6402
    @melvinbridgewater6402 Рік тому +16

    Congrats to my Paradise Island Antigua & Barbuda 🇦🇬. There is $trength in number$. This is a result of we all working together.

    • @Fetebandits
      @Fetebandits 7 місяців тому

      Yes, most of the Caribbean islands should’ve been part of the eastern Caribbean currency. Thus they all would’ve function as one giant economy. Countries like Haiti, Jamaica, and Guyana would’ve had much more stable economies.

  • @ernelsloley2019
    @ernelsloley2019 Рік тому +2

    Very good information keep up the good work

  • @franciskt4171
    @franciskt4171 Рік тому +8

    All these currencies are more beautiful than the US Dollar...😊

  • @edwinawilson6716
    @edwinawilson6716 Рік тому +48

    Jamaica land we love 🇯🇲 🇯🇲 🇯🇲 🇯🇲 🇯🇲 may God continue to shed his grace on us and our industries/Economy ❤❤❤ our people are innovative and strong 💪 #$$$ love to all islanders 😅

    • @johnatkinson2932
      @johnatkinson2932 Рік тому +2

      So true god always bless us

    • @fereenewalker4297
      @fereenewalker4297 Рік тому +2

      When you on ground..the only place to go is up. Keep on praying for our beautiful Islands

    • @fereenewalker4297
      @fereenewalker4297 Рік тому +1

      The best place to vacation

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +1

      @@user-dd4onX Uh Oh ! Don't cause no Trouble ! We are all One Family ! Mia , is all over the Place !!!! I'm sure She maybe Visiting you soon !!! Seriously !!!!! Hahahaaaaa , you are so Funny ! Love Ya !!!

    • @ANAYATHE21ST
      @ANAYATHE21ST Рік тому +3

      before god and all man kind I pledge the love and loyalty of my heart the wisdom and courage of my mind the strength and figer of my body in the service of my fellow citizens I promise to stand up for justice, brother, hood and peace to work intelligently and creativly to think generous and honestly so that Jamaica may under, god increasing beauty fellowship and prosperity to play her part in advance of the world fair of the whole human race

  • @maxinescott8563
    @maxinescott8563 8 місяців тому

    Your channel is very interesting and informative thank you 🙏

  • @Saudyization
    @Saudyization Рік тому +18

    Im From Belize 🇧🇿 😊, yes we are $1BZE TO $2USD.. this is pretty cool, I really didn't know our currency was one strongest too. Although we love spending it in $$USD HA..cool informative video.

    • @irisgibson2842
      @irisgibson2842 Рік тому

      You mean two Belize dollars to one US dollar. I am from Belize too.

    • @Saudyization
      @Saudyization Рік тому

      @@irisgibson2842 I said it as for American in its currency . 1 to 2 USD

    • @Saudyization
      @Saudyization Рік тому

      It's the same thing lol.

    • @Jonathancastill0
      @Jonathancastill0 Рік тому

      Team Bz🇧🇿🇧🇿

    • @sheenayoung9547
      @sheenayoung9547 Рік тому +5

      It's 1 USD to 2 BZD. Not the other way around.

  • @gregorycollymore5158
    @gregorycollymore5158 Рік тому +1

    Edifying commentary. Useful in many ways.

  • @jcornwall6228
    @jcornwall6228 Рік тому +2

    Thank you for this excellent, informative video

  • @raquelsolomon2569
    @raquelsolomon2569 Рік тому +24

    Hi. I’m in Cayman and the Jamaican dollar is not accepted as legal tender here.

  • @Caritokk
    @Caritokk Рік тому +54

    Big up my country 🇹🇹💕

    • @laughingserpent8996
      @laughingserpent8996 Рік тому +8

      🇹🇹 all the way

    • @trini2DBone134
      @trini2DBone134 Рік тому +5

      🇹🇹

    • @marktheshark7588
      @marktheshark7588 Рік тому +4

      TT all the way

    • @trinifuhlife8155
      @trinifuhlife8155 Рік тому +4

      TnT to the world 🇹🇹🇹🇹🇹🇹🇹🇹🇹🇹

    • @godpickney9353
      @godpickney9353 Рік тому

      If Jamaica could sell its jargons/sayings, it would be rich. “Big ups” originated in Jamaica. We are a most creative and influential people. Had we have proper management our currency would have been stronger than it is

  • @jgrant5255
    @jgrant5255 Рік тому +7

    I've been too focused on the US economy that I forget about the rest of the world. This was a most informative video. Thank you.

  • @fidelitasfinancing5457
    @fidelitasfinancing5457 6 місяців тому

    Excellent presentation of facts. Love this

  • @the-development-scribbler
    @the-development-scribbler Рік тому +5

    Even though Guyana and Jamaica statistically have the weakest currencies in the Caribbean, I find it interesting that they are both experiencing an explosion in their economies, and could change the tides in how they effect the Caribbean. Which is interesting because having a currency fixed to the US dollar does not always mean the country's economy is a strong one.

  • @509LM
    @509LM Рік тому +13

    The Haitian Gourde’s value went down a lot in the recent years because of the multifaceted crisis going on there. It was stronger few years ago like 2018 for example.

  • @christophemitchell9303
    @christophemitchell9303 Рік тому +7

    This is not factual. While I do love all my Caribbean family the Jamaican dollar is not accepted in the Bahamas. Please correct the statement 🙏🏾

  • @hyacinthbowerbank2417
    @hyacinthbowerbank2417 Рік тому +9

    Very interesting, thanks for the explanation of the currencies from the Caribbean Islands.

  • @chrisboncamper4282
    @chrisboncamper4282 Рік тому +1

    Very good video!!! Thanks for sharing.

  • @allisonpeart5338
    @allisonpeart5338 Рік тому +4

    Thank you very much for this most important information.Excellent presentation, and very clearly delivered!
    Looking forward to the next one on the IMF!

  • @lucnoel7153
    @lucnoel7153 Рік тому +2

    Thank you guy for this information I'm English and French love the Eastern Caribbean dollar and love for the euro❤

  • @ErrolMiller-ey3lb
    @ErrolMiller-ey3lb 9 місяців тому

    THANKS. EXCELLENT RESEARCH INFORMATION. THIS UPDATE IS GRATELY APPRECIATED.

  • @patsybroomes8318
    @patsybroomes8318 Рік тому +33

    Go Barbados keep that strong dollar. 🇧🇧

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +3

      Yeah Patsy , we were Tide to the US Dollar for many many years now ! We would have made our Purchase in Gold from the US and then made a deal with that same Gold that is in the United States Mints today ! It is what you call Good Foresight and Investment ! All we have to do is not let Bad Influences Corrupt our way of Life and cause us to Suffer like some other Countries who have gone down that same road . I see a lot of Bad Influences creeping in and if these young ones don't have the Sense to think for themselves , then they will Feel !

    • @lornalewis7262
      @lornalewis7262 Рік тому +1

      That meant things are very expensive

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +4

      @@lornalewis7262, yes things are Expensive anywhere you go in the World but if something cost $100.00 US and I have to look for $200.00 to get it , can that be as bad as if you have to find $1200.00 to get the same product ? Dollar Value means a lot to the Poor or the less Fortunate , a Rich Person can Duck and Dodge but not me or you and if your Dollar is not Strong then there is no way you can be getting a Fancy Incom either !

    • @jeremyboyce1537
      @jeremyboyce1537 Рік тому +4

      I was in Canada one time and I purchased a Whole Baked Chicken from the Supermarket I usually frequent and a Jamaican Guy saw me with the Chicken and asked me how much did I pay for it and I told him $6.00 and he was Elated and wanted to know where I got it from cause he wanted one and i told him that is from in the very Supermarket that he does his Grocery Shopping , he told me that the Chicken would cost him $150.00 back home in Jamaica ! He could not believe the price ! Now if I had to buy that same Chicken in Barbados at the time , it would cost me about 12 to 15 dollars , if I am Poor , with no money and my Dollar has not much value , how would I Survive better that the Person that has a Strong dollar ? It takes less money to Trade !

    • @lornalewis7262
      @lornalewis7262 Рік тому +2

      ​@@jeremyboyce1537 are you living in Barbados where people are crying out Barbados was just votes the 18 most expensive country in the world the currency is overated

  • @patriciabrown8604
    @patriciabrown8604 Рік тому

    Very interesting and informative updates. It opened my eyes to know which island to invest in! Blessings 🎉❤

  • @tornripped6315
    @tornripped6315 Рік тому +1

    Considerably informative! ✌️😎

  • @barbarawatson5375
    @barbarawatson5375 Рік тому +1

    Very interesting and informative. Thanks

  • @patriciabruno9092
    @patriciabruno9092 Рік тому

    Excellent and useful infomation. Delivery and explanation of the info was easy to understand.

  • @christophermckenzie3629
    @christophermckenzie3629 Рік тому +1

    Thanks you for that information

  • @SylviaNeckles
    @SylviaNeckles Рік тому +1

    Thanks for all the info

  • @devonwilson5776
    @devonwilson5776 Рік тому

    Greetings. The contents is highly educational.

  • @blazespence1418
    @blazespence1418 Рік тому

    Great information, and you're right on point. I appreciate this video

  • @aaronaustrie
    @aaronaustrie Рік тому +2

    Great vid!!

  • @DesaliniDenniston
    @DesaliniDenniston Рік тому

    Great video! 👍🏾🇯🇲🇯🇲🇯🇲

  • @tauceti8060
    @tauceti8060 Рік тому +12

    More countries need to switch to the ECX currency

    • @SKBenergy
      @SKBenergy Рік тому +2

      Big up to the ECX with the Central bank being based in St. Kitts :) !!!

  • @ONeilHibbert
    @ONeilHibbert Рік тому +8

    Very informative. How come jamaica was introduced as the economic giant yet their exchange rate it so poor.?

    • @lornalewis7262
      @lornalewis7262 Рік тому +3

      Because there are industries manufacturing tourisism service sectors where as some countries have only tourism

    • @real8551
      @real8551 Рік тому +6

      Cause the presenter is Jamaican. Tends to be a bit bias which is understandable

    • @general4theages
      @general4theages Рік тому +4

      What you exexpected from a Jamaican presenter.

  • @nelliecharles5153
    @nelliecharles5153 Рік тому +1

    Fantastic knowledge

  • @claudettepage2070
    @claudettepage2070 Рік тому

    Very informative & helpful.

  • @dakg8034
    @dakg8034 Рік тому +35

    The most disappointing thing about Jamaica's position on this list is that at one point in Jamaica's history its dollar was stronger than the U.S. dollar ($1 U.S = JA $0. 75.) That all changed in the 1970s and it was downward slide ever since.

    • @ericdouglas8337
      @ericdouglas8337 Рік тому +7

      Sell out overtime

    • @melitaaitcheson-johnson5905
      @melitaaitcheson-johnson5905 Рік тому +13

      That’s what happens when a small country forge ahead of the US, they are destabilized.

    • @nigeljames9727
      @nigeljames9727 Рік тому +21

      Poor leadership that's what happens to Jamaica.

    • @mrmichael610
      @mrmichael610 Рік тому +1

      Facts I remember that time

    • @dakg8034
      @dakg8034 Рік тому +5

      @@nigeljames9727 No doubt about it. And it does not matter what spin some may put on it for political reasons, the evidence is in the results and state of affairs.

  • @noelopez1992
    @noelopez1992 Рік тому +1

    Very informational.

  • @COJ2976
    @COJ2976 Рік тому +8

    Bahamas 🇧🇸 strong economic currency

  • @winstonbennett9959
    @winstonbennett9959 5 місяців тому

    Good info

  • @danny31originalapesfamily70
    @danny31originalapesfamily70 Рік тому +4

    Family together strong 💪 🇵🇷🏝️love each one of you family 🙏🫶🫶😃✌️🏝️blessings blessings to all 🙏🙏🙏🙏🙏🙏🙏

  • @anncunningham1343
    @anncunningham1343 Рік тому +4

    Very Informative. To know that Haitian Dollar is STRONGER than JAMAICA DOLLAR

    • @giniolamy
      @giniolamy Рік тому

      That's a lie. Haiti is poorer than Jamaica. Don't believe this crap

  • @yolandecadore6727
    @yolandecadore6727 Рік тому

    Very informative and educational video ❤❤

  • @ChefDacres
    @ChefDacres Рік тому +4

    I'm in Suriname 9 months now and since then, the rate went up 4 times, so unstable.

  • @matthewdar886285
    @matthewdar886285 Рік тому +2

    Educational video

  • @christines9227
    @christines9227 Рік тому

    Great video thanks ❤ 👍🏽 🇧🇸

  • @sandrahunte9950
    @sandrahunte9950 9 місяців тому

    Very interesting!

  • @danbertallison5643
    @danbertallison5643 Рік тому

    Quite interesting and informative

  • @bertsnyder
    @bertsnyder Рік тому

    Thanks for giving me information on the currency

  • @juice3045
    @juice3045 Рік тому +5

    🇧🇸💰big up the caribbean🇬🇾🇹🇹🇯🇲🇱🇨🇦🇬🇧🇧

  • @georgewaithe7739
    @georgewaithe7739 Рік тому

    Great info...thanks

  • @fire4139
    @fire4139 Рік тому +31

    In the bahamas we don't accept the Jamaica 🇯🇲 dollars

    • @nadeja753
      @nadeja753 Рік тому +13

      Bahamian dollar isn't accepted in Jamaica either. Jamaican dollar isn't accepted anywhere besides Jamaica, I think.

    • @sims2789
      @sims2789 Рік тому +1

      Bahamas dollars does not recognize anywhere in the world so they have to depende on the u.s. dollar

    • @serlathajones3753
      @serlathajones3753 Рік тому

      Why?

    • @fire4139
      @fire4139 Рік тому +2

      I said that because in the video he said in the bahamas they accept Jamaican dollars was only trying to correct it

  • @freemonaferguson5938
    @freemonaferguson5938 Рік тому +8

    The Bahamas doesn’t use the Jamaican dollar ‼️

  • @yvonne9802
    @yvonne9802 Рік тому +3

    Thank you I learn a lot I pray the Jamaican dollar will one day get a higher value 😅🇯🇲🇯🇲

  • @ronajewanliss9345
    @ronajewanliss9345 Рік тому

    Very informative

  • @vandasutherland6640
    @vandasutherland6640 Рік тому

    So informative 👏

  • @narinesinghrampersad1547
    @narinesinghrampersad1547 Рік тому

    Thank You For That Very Important Information--- !!! ???

  • @lesterscott471
    @lesterscott471 Рік тому +40

    Even Haiti dollar stronger than Jamaica's dollar. After all that Haiti been thru wow! Go Haiti.

    • @tauceti8060
      @tauceti8060 Рік тому +1

      Genarally a weaker currency favour an advantage for exports while making imports more difficult.

    • @lesterscott471
      @lesterscott471 Рік тому +5

      @@tauceti8060 Jamaica dollar being of no value for a minute, just bad governance rip of of the people that's why its being like that no Excuses.

    • @melvinbridgewater6402
      @melvinbridgewater6402 Рік тому +2

      ​@@tauceti8060 no excuses....whatever export advantages Jamaica might possess, its still not enough to boost the economy and strengthen its weak dollar. Real talk!

    • @melvinbridgewater6402
      @melvinbridgewater6402 Рік тому +7

      ​@@lesterscott471 the weakness of the Jamaican dollar was due to the arrogance of its Leadership. In 1962 Jamaica had a chance to be part of the West Indian Federation...and they voted against it. Dem sey dem nuh waan fi carry small islands becarze wi nuh hab nutten...we go be a burden pon Jamaica...so they pulled out of the Federation and voted for Independence. An si dey...arl now Jamaica Economy caan catch itself. Most ah dem ha fi run arl ova di wurl fi try mek life. Michael Manley had no longterm vision. 😢

    • @plenty3494
      @plenty3494 Рік тому +1

      I thought the jamaican man in the video call jamaica "the economic GIANT " what happened is he lying?

  • @jovanharris3565
    @jovanharris3565 Рік тому +1

    Which Caribbean currency is best as a store of value?

  • @philliscott4058
    @philliscott4058 Рік тому +2

    Excellent, thanks I learned a lot.

  • @lisacandy5163
    @lisacandy5163 Рік тому +6

    Proud 🇹🇹🇹🇹🇹🇹🇹🇹👏🏾👏🏾👏🏾👏🏾

  • @roythurston7799
    @roythurston7799 Рік тому +5

    Grew up in the Bahamas & never saw a Jamaican dollar in circulation ever .This is coming from someone that worked in the hotel industry and in retail. Get your facts straight

  • @rickeyellick9922
    @rickeyellick9922 Рік тому

    Inspiring

  • @curtd5153
    @curtd5153 Рік тому +3

    Effectively, you are conflating exchange rate and the strength of the currency. The strength of any currency has to do with the demand for that currency, not the exchange rate.

    • @michellebrown2773
      @michellebrown2773 Рік тому

      Doesn’t the demand drive the exchange rate, since the exchange rate is the price, which is determined by demand?

    • @curtd5153
      @curtd5153 Рік тому +1

      @@michellebrown2773 No! If that was true then the Japanese Yen would be weak. The strength of the currency is determined by the demand for the currency to purchase goods and services in that currency. In other words, a strong currency could have a horrible exchange rate and vice.

  • @altheataylor5487
    @altheataylor5487 Рік тому

    Nice video

  • @UPynyarLawka
    @UPynyarLawka 11 місяців тому

    Thank you so much your video,Try to develop The Caribbean nations people's Economy every year from Myanmar.❤

  • @rukudos
    @rukudos Рік тому +1

    Great review. One correction: none of the Caribbean territories that use the euro as their currency is part of the Netherlands.

  • @valentevong9090
    @valentevong9090 Рік тому

    Wow i learn something new, thanks for educational. Greeting from Timor Leste

  • @sherralineisidore9987
    @sherralineisidore9987 Рік тому

    I need some of those currencies for my collection. I also need one of the first EC dollar shown for my bill collection. I have a few but missing some

  • @JayDreamzGaming
    @JayDreamzGaming Рік тому +1

    Wow the antilian guilda looks so nice

  • @noahchibangu5
    @noahchibangu5 Рік тому +1

    To Strengthen the currency use it to buy and sell goods and services