What is the
WorldRemit Send Money conversion rate for CAD to JMD?
The WorldRemit CAD to JMD exchange rate is 114.85. This is -1.5% compared to the latest CAD-JMD mid-market rate 116.60.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Jamaican dollar (JMD) rates from different sources before making a conversion.
The above
WorldRemit - Loonie to Jamaican dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest CAD-JMD mid-rate and the possible savings of using various providers.
How do WorldRemit CAD-JMD rates compare between providers?
Looking at the full
CAD to JMD - Send Money comparison table the provider with the best CAD to JMD exchange rate is Wise at 115.92, -0.58% from the latest mid-market rate 116.60.
The next best is XE at 115.9, -0.6% from the mid-rate.
Then WorldRemit at 114.85, which is -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like WorldRemit or platforms that offer rates closer to the mid-market rate.