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AUD to JMD - Compare Exchange Rates

Australian Dollar to Jamaican Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to JMD interbank exchange rate = 88.0965

Right now the AUD/JMD interbank exchange rate is 88.0965. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Jamaican Dollar to Australian Dollar.

This AUD/JMD Converter calculates equivalent Australian Dollar to Jamaican Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / JMD converter & margin calculator


$AUD
J$JMD
Mid-rates:
 
Sending AUD->JMD we recommend:

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1 Week AUD to JMD
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Australian Dollar

Jamaican Dollar

1 AUD 88.10 JMD
5 AUD 440.48 JMD
10 AUD 880.97 JMD
20 AUD 1,761.93 JMD
50 AUD 4,404.83 JMD
100 AUD 8,809.65 JMD
250 AUD 22,024.13 JMD
500 AUD 44,048.25 JMD
1,000 AUD 88,096.50 JMD
2,000 AUD 176,193.00 JMD
5,000 AUD 440,482.50 JMD
10,000 AUD 880,965.00 JMD
50,000 AUD 4,404,825.00 JMD
100,000 AUD 8,809,650.00 JMD
See more

Australian Dollar

Jamaican Dollar

0.0114 AUD 1 JMD
0.0568 AUD 5 JMD
0.1135 AUD 10 JMD
0.2270 AUD 20 JMD
0.5676 AUD 50 JMD
1.1351 AUD 100 JMD
2.8378 AUD 250 JMD
5.6755 AUD 500 JMD
11.35 AUD 1,000 JMD
22.70 AUD 2,000 JMD
56.76 AUD 5,000 JMD
113.51 AUD 10,000 JMD
567.55 AUD 50,000 JMD
1,135.10 AUD 100,000 JMD
See more

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Australian Dollar to Jamaican Dollar (AUD-JMD) - 10 Year History

The below table shows the historic variation in the AUD/JMD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Mar 201988.5545Latest
12 Mar 201988.85511 Week-0.34%
17 Feb 201995.62501 Month-7.39%
20 Sep 201899.17856 Months-10.71%
19 Mar 201898.03901 Year-9.67%
19 Mar 201799.14892 Years-10.69%
20 Mar 201498.77635 Years-10.35%
21 Mar 200961.367910 Years+44.3%

Why can't I just get the AUD/JMD market rate I see on Google or in the Media?

The AUD/JMD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / JMD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/JMD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to JMD exchange rate

  1. Know the latest AUD/JMD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Jamaican Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs JMD, you should pay attention to both Australian Dollar and Jamaican Dollar news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Jamaican Dollar (JMD) - Market news and forecasts

No recent Jamaican Dollar market updates.

Currency News and Forecasts - Australian Dollar

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