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Compare today's JMD to COP (Jamaican Dollar to Colombian Peso) exchange rates

Jamaica
Colombia
JMD

Interbank Exchange Rate: 1 JMD = 23.2730 COP
Updated about an hour ago

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All you need to know about Jamaican Dollar to Colombian Peso money transfers

Easily compare money transfer providers in one place to send money from Jamaica to Colombia. Send money overseas to your loved ones by comparing Jamaican Dollar (JMD) to Colombian Peso (COP) 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 Jamaica.

Were you looking to send money from Colombia to Jamaica instead?

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 JMD to COP Conversion Rates

Here are some latest JMD to COP (Jamaican Dollar to Colombian Peso) exchange rates for popular conversion amounts*.

1 JMD23.27 COP
5 JMD116.37 COP
10 JMD232.73 COP
25 JMD581.83 COP
50 JMD1,163.65 COP
100 JMD2,327.30 COP
150 JMD3,490.95 COP
200 JMD4,654.60 COP
250 JMD5,818.25 COP
300 JMD6,981.90 COP
400 JMD9,309.20 COP
500 JMD11,636.50 COP
600 JMD13,963.80 COP
700 JMD16,291.10 COP
800 JMD18,618.40 COP
1,000 JMD23,273.00 COP
1,500 JMD34,909.50 COP
2,000 JMD46,546.00 COP
2,500 JMD58,182.50 COP
3,000 JMD69,819.00 COP
4,000 JMD93,092.00 COP
5,000 JMD116,365.00 COP
10,000 JMD232,730.00 COP
15,000 JMD349,095.00 COP
20,000 JMD465,460.00 COP
30,000 JMD698,190.00 COP
40,000 JMD930,920.00 COP
50,000 JMD1,163,650.00 COP
100,000 JMD2,327,300.00 COP

*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 Jamaica to Colombia?

With the global remittance market booming, there are so many choices for Jamaican Dollar to COP 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 Colombia from Jamaica. 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 COP 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 remit rate for transferring money from Jamaica to Colombia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Colombia from Jamaica. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your JMD to Colombian Peso money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Jamaica to Colombia corridor to give you more good choices for your next COP money transfer. This way you do not miss out on additional options to potentially save more.


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

Finding the cheapest way to send money from Jamaica to Colombia 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 JMD to COP 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 Jamaica to Colombia 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.


How to send money from Jamaica to Colombia through a bank?

We do not recommend using your local bank in Jamaica for your next JMD to COP 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 Jamaica to Colombia (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 COP to Colombia. These companies will let you use your local bank account in Jamaica to pay for your Colombia 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 Colombia from Jamaica fast?

The first thing to do when you need to convert JMD to COP quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Jamaican Dollar and Colombian Peso. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Jamaica to Colombia remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Colombia.


Which are the best money transfer companies to transfer money to Colombia from Jamaica?

Since the Jamaican Dollar to Colombian Peso money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Jamaica that may also be able to send money to Colombia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your JMD to COP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Colombia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Jamaica to Colombia transaction.


Step by step guide to do a money transfer from Jamaica to Colombia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Jamaica to Colombia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Jamaica to Colombia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Colombia where they can receive monies in Colombian Peso.
  • Then, provide details of your Jamaica bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your JMD travel to another part of the globe.