Compare US Dollar to Jamaica Dollar For Sending Money to Jamaica from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.

153.87

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WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

153.87

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You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

About USD and JMD

The JMD might not be the most stable currency compared to the USD. However, the two sets of currencies do enjoy healthy international exchange rates. It, therefore, means there are already established methods of transferring money from US to Jamaica. One of the major concerns for most people who want to carry out such international cash transfers is the exorbitant high exchange rates.

Thanks to Exchange Rate IQ however, you can avoid such exploitative money transfer companies with this list of US to Jamaica money transfer service providers.

Best Way to Send Money from the USA to Jamaica

When talking about the best way to send money from USA to Jamaica, you need to know that people have different preferences. With that said, we have highlighted some of the most preferred methods of money transfer to Jamaica from US and they include;

  1. Online Money Transfer

    The use of technology has revolutionised almost every sector. It has, as a result, made easy and cheap to transfer money from US to Jamaica. One of the most competitive providers currently in the market is World Remit. Their current exchange rates are favorable with regards to the JMD. Moreover, they don’t charge any transaction fee. The other online money transfer service provider that you can trust when you want to send money from US to Jamaica online is Xoom.

  2. Direct Bank Transfer

    Jamaica boasts of numerous banks which accept international payments and some Jamaican banks operate in the US as well. If you are the kind of person who intends to send money to Jamaica from USA regularly, then you could consider banks such as National Commercial Ban and Victoria Mutual Building Society.

  3. Post Office Services

    Jamaica is among the 30 countries worldwide in which you can send money through an international money order. If you intend to send money from USA to Jamaica, walk into any post office and ask for an international money order. Each money order should cost you around $3.85 per order. 

What to consider when you want to transfer money from the USA to Jamaica.

Just like any other form of shipment, there are several factors you will have to consider before settling on any international money transfer company. Here are the critical aspects to take into consideration when sending money from the USA to Jamaica.

  • Exchange Rate from USD to JMD

    This is the most fundamental aspect of them all. You want to send money and still not pay too much for the same. There are several money transfer services with favorable USD to JMD exchange rates even though these figures keep shifting.

  • Transfer Time

    While you might not have an emergency, most of the time, I bet you would also not want a service that takes days to complete money transfer. The faster the money transfer, the better.

  • The amount you want to send

    Some money transfer channels will not accept amounts above certain limits. So, you will need to enquire first more so if you have loads of money to send.

The fastest way to send money from the USA to Jamaica

If you need your money to get to the desired destination faster than the average time, then the best alternative is online money transfer services. It will take roughly a few minutes to transfer money from the USA to Jamaica through online transfer companies.

The cost for these instant services can range anything between a reasonable fee to free depending on your service provider of choice. If you want a good alternative for the fastest way to send money from USA to Jamaica then you can consider Western Union.

FAQ's

How many times can I send money from the USA to Jamaica?

You can send money to Jamaica from the US as many times as you wish to. You will, however, have to confirm with the money transfer service provider the number of transactions they allow per day in case they have limits.

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What is the maximum amount of money I can transfer from the USA to Jamaica?

It depends on the type of money transfer service you are using. But, most online transfer services have a low maximum limits compared to banks. 

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What do I do in case I send money to the wrong recipient?

You will need to notify your service provider first before anything else. However, you will have to be careful next time because money reversal comes at an extra cost. Before you send money to Jamaica from USA, take advantage of the slow confirmation process to confirm the recipients’ details.

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Historical Mid Market Exchange Rate From US Dollar (USD) to Jamaica Dollar (JMD) (Weekly)

Current Exchange Rate(Mid Market) :- 153.87 JMD/USD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion USD To JMD

Send US Dollar To JAMAICA Receive Jamaica Dollar
1 USD TO JMD 153.87
50 USD TO JMD 7693.5
100 USD TO JMD 15387
250 USD TO JMD 38467.5
500 USD TO JMD 76935
1000 USD TO JMD 153870
5000 USD TO JMD 769350
10000 USD TO JMD 1538700
Send Jamaica Dollar Receive US Dollar From JAMAICA
1 JMD FROM USD --
50 JMD FROM USD --
100 JMD FROM USD --
250 JMD FROM USD --
500 JMD FROM USD --
1000 JMD FROM USD --
5000 JMD FROM USD --
10000 JMD FROM USD --

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