It can be harder to spot scammers and fraudulent currency exchanges in Jamaica. Your bank may charge you a foreign transaction fee if you use it to buy Jamaican dollars when you're abroad. You may have to pay commission or other hidden fees to a currency exchange that you wouldn't have paid in the UK. While there may be better exchange rates available in some locations, your options for shopping around may be limited once you arrive, and there's no guarantee the exchange rates will be any better than they are in the UK.Įxchange rates aside, here are some other reasons to avoid buying your Jamaican dollars in Jamaica: There's no evidence to suggest that you'll get a better deal if you buy your Jamaican dollars in Jamaica. Just remember to buy or reserve your Jamaican dollars first before you collect them from the store so you benefit from the supplier's better online rate. Online travel money suppliers usually have better Jamaican dollar rates than high street exchanges, but supermarkets are a good compromise if you want to collect your currency in person and still get a decent rate. If you need your Jamaican dollars sooner and don't have time to wait for the rates to improve, you can still save money by comparing rates from a range of different providers before you buy. You could also consider signing up to our newsletter and we'll email the latest rates to you each month. This can be a good way of maximising your holiday money if the exchange rate continues to rise after you've bought, but will also help to minimise your losses if the rate drops. Some people prefer to buy half of their Jamaican dollars as soon as they've booked their holiday, and the remaining half just before they depart. For example, if the Jamaican dollar rate has been steadily increasing over several weeks or months, it could be a good time to buy while the rate is high. If you have a fixed travel date, you should start to monitor the Jamaican dollar rates as soon as possible in the period leading up to your departure so that you've got time to buy when the rate is looking favourable. Timing is key if you want to maximise your Jamaican dollars, but the best time to buy will depend on the current market conditions and your personal travel plans. Purchasing power compared to the US Dollar over the last 10 years.We found 15 travel money suppliers offering £750 worth of Jamaican dollars for delivery and accepting payment by debit card In the last 10 years, the Jamaican Dollar is Is the Jamaican Dollar up or down against the US Dollar? The US Dollar is currently stronger than the Jamaican Dollar given that 1 USD is equal to 154.30 JMD.Ĭonversely, 1 JMD is worth 0.006481 USD. If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends. Also, it’s best to convert Jamaican Dollars to US Dollars early in the week if you need US Dollars urgently. However, the time between 3-4 PM GMT is often a good time to convert Jamaican Dollars to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Exchange rates can fluctuate by the minute while markets are open. The JMD and USD can be traded 24x5 starting from the time markets open on Monday mornings in Sydney all the way to the time markets close on Fridays at 5 pm in New York. When is the best time to convert JMD to USD? In the last 10 years, the highest rate from Jamaican Dollars to US Dollars was on Januwhen each Jamaican Dollar was worth $0.009461 USD. What was the highest JMD to USD exchange rate in the last 10 years? 
How much is $100 JMD in USD?ġ00 Jamaican Dollars = 0.6481 US Dollars as of Aug05:25 AM UTC. Which aggregates real-time forex data from the most authoritative sources. You can get live exchange rates between Jamaican Dollars and US Dollars using , JMD to USD Currency Converter - FAQs How much is $1 JMD in USD?ġ Jamaican Dollar = 0.006481 US Dollars as of Aug05:25 AM UTC. You’ll now see the value of the converted currency according to the most recent exchange rate. Simply enter the amount of JMD you want to convert to USD in the box labeled "Amount", and you’re done! You can convert Jamaican Dollars to US Dollars by using the currency converter in just one easy step.
Currency converter us to jamaican dollars how to#
How to Convert Jamaican Dollars to US Dollars? To view rates between the Jamaican Dollar and the US Dollar for a particular year, click on one of the links below.
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