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Compare today's XCD to JMD (East Caribbean Dollar to Jamaican Dollar) exchange rates

Grenada
Jamaica
XCD

Interbank Exchange Rate: 1 XCD = 57.7991 JMD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about East Caribbean Dollar to Jamaican Dollar money transfers

Easily compare money transfer providers in one place to send money from Grenada to Jamaica. Send money overseas to your loved ones by comparing East Caribbean Dollar (XCD) to Jamaican Dollar (JMD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Grenada.

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If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest XCD to JMD Conversion Rates

Here are some latest XCD to JMD (East Caribbean Dollar to Jamaican Dollar) exchange rates for popular conversion amounts*.

1 XCD57.80 JMD
5 XCD289.00 JMD
10 XCD577.99 JMD
25 XCD1,444.98 JMD
50 XCD2,889.96 JMD
100 XCD5,779.91 JMD
150 XCD8,669.87 JMD
200 XCD11,559.82 JMD
250 XCD14,449.78 JMD
300 XCD17,339.73 JMD
400 XCD23,119.64 JMD
500 XCD28,899.55 JMD
600 XCD34,679.46 JMD
700 XCD40,459.37 JMD
800 XCD46,239.28 JMD
1,000 XCD57,799.10 JMD
1,500 XCD86,698.65 JMD
2,000 XCD115,598.20 JMD
2,500 XCD144,497.75 JMD
3,000 XCD173,397.30 JMD
4,000 XCD231,196.40 JMD
5,000 XCD288,995.50 JMD
10,000 XCD577,991.00 JMD
15,000 XCD866,986.50 JMD
20,000 XCD1,155,982.00 JMD
30,000 XCD1,733,973.00 JMD
40,000 XCD2,311,964.00 JMD
50,000 XCD2,889,955.00 JMD
100,000 XCD5,779,910.00 JMD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Grenada to Jamaica?

With the global remittance market booming, there are so many choices for East Caribbean Dollar to JMD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Jamaica from Grenada. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final JMD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to Jamaica from Grenada?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Jamaica from Grenada.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XCD to Jamaican Dollar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for XCD to JMD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way for transferring money to Jamaica from Grenada?

Finding the cheapest way to send money from Grenada to Jamaica might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XCD to JMD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Grenada to Jamaica exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Grenada to Jamaica?

We do not recommend using your local bank in Grenada for your next XCD to JMD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Grenada to Jamaica (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending JMD to Jamaica. These companies will let you use your local bank account in Grenada to pay for your Jamaica money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Jamaica from Grenada fast?

It could be a stressful experience if you need to rush money quickly from Grenada to Jamaica. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert XCD to JMD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Jamaican Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Grenada to Jamaica money transfers.


Which are the best money transfer companies to send money to Jamaica from Grenada?

Comparing money transfer companies for sending money to Jamaica from Grenada can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Jamaica. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your East Caribbean Dollar to Jamaican Dollar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Jamaican Dollar yield on every East Caribbean Dollar that you send.


Step by step guide to transfer money to Jamaica from Grenada

The first step to send money to Jamaica from Grenada is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your XCD to JMD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Jamaica if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Grenada bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Jamaica!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Grenada to Jamaica.