Currency Calculator

Use the currency calculator to calculate the rate of exchange.

JMD Flag

1 JMD = 1 EUR

EUR Flag

1 EUR = 1 JMD

Change Currencies Currency Providers

Currency Exchange Rates for Jamaican Dollar - Send Money to Jamaica

World First Money Transfer
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
100,000 gets you: 99,300 eur
Voltrex FX
FCA Regualted: Not FCA Regulated
Margin Rate: 0.7%
100,000 gets you: 99,300 eur
FC Exchange
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 99,000 eur
Rational FX
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
100,000 gets you: 99,300 eur
The Bank of East Asia
FCA Regualted: FCA Regulated
Margin Rate: 5%
100,000 gets you: 95,000 eur

Countries that use the JMD

Convert GBP to JMD

Currency Exchange Rates for Japanese Yen? Convert GBP to JPY at todays exchange rate. See money transfer for Japan and historical to restrictions.

Q: Does the JMD have any nicknames?

A: The Jamaican Dollar has no recognized nicknames.

Q: What is the name of the central bank in Jamaica?

A: The central bank of the country is the Bank of Jamaica.

Q: What is the inflation rate in Jamaica?

A: The inflation rate of the country has reduced to 4.40% in June of 2017 from the previous months 4.60%

Q: What is the full spelling of the JMD with its correct capitalization?

A: The full spelling of the currency is Jamaican Dollar, with the capitalization as shown.

Q: Is the currency used in any other country outside Jamaica?

A: Previously, the currency was also used by the Cayman Islands, but as for now the JMD is only used in Jamaica.

Q: Which is the most commonly exchanged currency in the country?

A: Currency ranking studies show that the most popular exchange rate in Jamaica is the USD to JMD rate.

Q: What is the exchange rate between the GBP pound and the Jamaican Dollar?

A: Exchanging 1 GBP pound currently would give you 168.63 JMD.

Q: What does the above exchange rate mean?

A: The exchange rate between the two currencies shows that the GBP is much stronger than the Jamaican Dollar.

Q: Which sign is used to depict the currency?

A: The symbol for the Jamaican Dollar is $, however, to differentiate it from the USD, the symbol J$ is also commonly used.

Q: How stable is the currency? What is the cause of that?

A: The devaluation of the Jamaican Dollar has been continuous since the country's independence. This devaluation is due to the fact that the country has been suffering from an inadequate supply of foreign exchange. This has led the country to borrow from overseas to bridge the gap between demand and supply.

Q: What are the other currencies that are used in the country?

A: The most widely used currency in the country is the Jamaican Dollar. Apart from that, USD dollars are accepted in most hotels and shops especially in the tourist towns. The reason that other non-tourist towns may not readily accept USD dollars or other currency is the difficulty they face to exchange it to local currency.

GBP to JMD Exchange Rate

Currency Information on Jamaican Dollar - JMD — Jamaican Dollar – J$
Banknotes in denominations of $50, $100, $500 and $1000 are frequently used, but denominations of $1, $2, $5, $10, $20 and $5,000 are not used regularly.
Coins are available in the denominations of 25c, $1, $5, $10 and $20, and whilst 1c, 10c and 50c coins have been issued, they are no longer used.
As with many currencies using the dollar sign to depict it, the Jamaican dollar uses a ‘J’ before the dollar symbol to differentiate it from other currencies called ‘dollar’.

The Jamaican dollar was introduced in 1969, when a vote was held to decimalise the countries’ currency.

We are a leading website marketing firm based in the UK. We are expanding our operations into Europe, particularly Germany. In order to do so we have looked at various currency transfer companies and found that Compare Money Transfer was a fast and efficient way of finding the best rates – the site has saved us a lot of money already and will no doubt do so in the years to come as our business expands across Europe.

Comment written by Tom Francis Entrepreneur London.
View more testimonials...

What's the press saying about Compare Money Transfer Ltd?

Top 10 Money Transfer Companies