This is a foreign exchange guide to Jamaica, the Jamaican Dollar currency plus sending JMD transfers and travel tips.
In this Jamaica currency guide we take a look at :
- Jamaican Dollar info - general info about the Jamaican Dollar
- Jamaican Dollar in the markets - recent JMD moves and predictions from the FX markets
- Travelling in Jamaica - currency & money saving tips
- Buying Jamaican Dollar cash online - travel money for Jamaica
- Sending money to Jamaica - save on Jamaican Dollar bank transfers to Jamaica
- Jamaican Dollar exchange rates - latest & historic exchange rates.
Jamaican Dollar (JMD) general currency information
What is the Jamaican Dollar currency code and symbol?
The three letter currency code for the Jamaican Dollar is JMD and the symbol is J$.
Which countries use the Jamaican Dollar?
It is the domestic currency in Jamaica.
Jamaican Dollar (JMD) in the markets
The interactive chart below shows the USD to JMD exchange rate and trend for the previous 3 months:
Travel, Currency and Money saving tips for Jamaica
While Jamaica's beaches are certainly alluring, this is a country to dive into, literally and figuratively. Beneath the waves there's great scuba diving and snorkeling, and you can float on the water too with lazy bamboo-raft trips (let someone else pole). The adventurous can go caving, or get their hiking boots on to explore the remote crags and forests of this crumpled landscape.
Jamaica is a popular destination on the cruise roster, mainly for passenger liners but also for private yachts. More than a million cruise-ship passengers sail to Jamaica annually, making it one of the world’s biggest cruise-ship destinations.
While cruise lines’ optional land tours are conveniently packaged to take in many of the island’s sightseeing highlights, they also move quickly and tend to shield visitors from interaction with locals.. If you venture out on your own, you’re likely to enjoy a richer cultural experience. If you want to tour the island, consider hiring a local taxi driver, who will likely shed light on local issues and give you a more colorful tour. Wander the streets of the main town, poke into little shops, eat at local restaurants and buy mementos from street vendors, or veer off the beaten track.
Best way to get around Jamaica?
Jamaica's small size makes domestic flights largely redundant, but (ridiculously expensive) charter flights are available with TimAir (www.timair.net) between its hub in Montego Bay and Kingston, Negril, Ocho Rios and Port Antonio. An extensive transportation network links virtually every village and comprises several options that range from standard public buses to private taxis, with minibuses and route taxis in between. There is usually no set timetable – buses leave when the driver considers them full – and passengers are crammed in with little regard for comfort. Taxis and buses tend to fill quickly early in the morning (before 8am) and around 5pm as people depart for work or home.
Private minibuses, also known as ‘coasters,’ have traditionally been the workhorses of Jamaica’s regional public transportation system. All major towns and virtually every village in the country are served.
One of the biggest problems tourists face in Jamaica is petty theft. Thieves are on the lookout for jewelry, cash and valuable electronic items such as cameras, cell phones and iPods. Most resorts provide safes so you can store items of value in your room, which is obviously recommended.
Travel tips for Jamaica.
High season in Jamaica is usually December through to March. Expect sunny, warm days, especially on the coast. Little rainfall, except in Port Antonio and the northeast. At night it can become chilly, particularly in the mountains.
Jamaica has had an ongoing issue with violent crime, largely perpetrated by gangs which are often armed with firearms. While government travel advisories still indicate that the country is safe to visit, caution must be taken due to the heightened risk in some areas.
Like many aspects of Jamaican culture, the food is a creole, born somewhere between the Old and New Worlds. African spice rubs have evolved into delicious jerk, while yam, rice and plantain form the basis of rich stews, and fish abound in local waters.
Jamaica is a very laid-back country, but one that also insists on good manners: witness the way that people never fail to say 'good morning' to fellow passengers when getting in a route taxi. Always greet people properly, and treat elders with extra respect. That said, don't be surprised at the directness of many conversations.
Jamaicans dress smartly when they can (even more so when heading to a party or social event), and many government offices and banks have written dress codes on the door – beachwear should be very much confined to the beach.
Some areas in Kingston, Negril and Montego Bay are considered a higher risk of crime and violence. Caution should be taken if you choose to visit these areas, particularly when there is word of a possible protest as demonstrators often erect road blocks making travel in and out nearly impossible.
Travel money for Jamaica
Save money and time by Ordering your Jamaican Dollar online from Travelex, you get better rates and can pick up the JMD cash locally or even on travel day at the airport.
Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to Pay in Jamaican Dollar otherwise you may get much worst exchange rates.
Jamaica Trip Checklist
Sending money to Jamaica
When searching around for information on how to get a good exchange rate when sending money to Jamaica you need to start with finding out the latest Jamaican Dollar foreign-transfer exchange rate.
Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).
Get a better deal for foreign transfers to Jamaica
When sending money to Jamaica it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Jamaican Dollar amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted JMD amount will be transfered to the recipient account you specify in Jamaica.
Use our Send to JMD calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Jamaican Dollar deposited into the recipient bank account and less margins and fees kept by the banks!