The Bank of Jamaica says there were 46 cambio entities in operation locally at the end of 2023.
The BOJ's annual report showed that the figure at the end of December 2023, was lower than the 49 entities in operation at the end of the previous year.
Three entities voluntarily surrendered their licences.
The central bank says during the year, operations were discontinued at five locations, while authorisation was granted for commencement of cambio operations at five new locations.
The number of cambio locations was therefore unchanged, at 142 at the end of 2023, relative to the end of 2022.
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