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USD to JMD - Compare Exchange Rates

United States 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.

 

USD to JMD interbank exchange rate = 129.2

Right now the USD/JMD interbank exchange rate is 129.2. 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 United States Dollar.

This USD/JMD Converter calculates equivalent United States 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.

USD / JMD converter & margin calculator


$USD
J$JMD
Mid-rates:
 

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Sending USD->JMD we recommend:

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1 Week USD to JMD
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United States Dollar

Jamaican Dollar

1 USD 129.20 JMD
5 USD 646.00 JMD
10 USD 1,292.00 JMD
20 USD 2,584.00 JMD
50 USD 6,460.00 JMD
100 USD 12,920.00 JMD
250 USD 32,300.00 JMD
500 USD 64,600.00 JMD
1,000 USD 129,200.00 JMD
2,000 USD 258,400.00 JMD
5,000 USD 646,000.00 JMD
10,000 USD 1,292,000.00 JMD
50,000 USD 6,460,000.00 JMD
100,000 USD 12,920,000.00 JMD
See more

United States Dollar

Jamaican Dollar

0.0077 USD 1 JMD
0.0387 USD 5 JMD
0.0774 USD 10 JMD
0.1548 USD 20 JMD
0.3870 USD 50 JMD
0.7740 USD 100 JMD
1.9350 USD 250 JMD
3.8700 USD 500 JMD
7.7400 USD 1,000 JMD
15.48 USD 2,000 JMD
38.70 USD 5,000 JMD
77.40 USD 10,000 JMD
387.00 USD 50,000 JMD
774.00 USD 100,000 JMD
See more

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United States Dollar to Jamaican Dollar (USD-JMD) - 10 Year History

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
20 Apr 2019129.2000Latest
13 Apr 2019129.55381 Week-0.27%
21 Mar 2019125.17181 Month+3.22%
22 Oct 2018130.40306 Months-0.92%
20 Apr 2018124.51421 Year+3.76%
20 Apr 2017129.37392 Years-0.13%
21 Apr 2014109.77105 Years+17.7%
22 Apr 200988.396910 Years+46.16%

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

The USD/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 USD / 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 USD/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 USD to JMD exchange rate

  1. Know the latest USD/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 United States 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 USD vs JMD, you should pay attention to both United States Dollar and Jamaican Dollar news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Jamaican Dollar (JMD) - Market news and forecasts

No recent Jamaican Dollar market updates.