Compare today's JMD to CUP (Jamaican Dollar to Cuban Peso) exchange rates
Interbank Exchange Rate: 1 JMD = 0.1642 CUP
Updated about an hour ago
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All you need to know about Jamaican Dollar to Cuban Peso money transfers
Easily compare money transfer providers in one place to send money from Jamaica to Cuba. Send money overseas to your loved ones by comparing Jamaican Dollar (JMD) to Cuban Peso (CUP) 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.
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Latest JMD to CUP Conversion Rates
Here are some latest JMD to CUP (Jamaican Dollar to Cuban Peso) exchange rates for popular conversion amounts*.
| 1 JMD | 0.16 CUP |
| 5 JMD | 0.82 CUP |
| 10 JMD | 1.64 CUP |
| 25 JMD | 4.11 CUP |
| 50 JMD | 8.21 CUP |
| 100 JMD | 16.42 CUP |
| 150 JMD | 24.63 CUP |
| 200 JMD | 32.84 CUP |
| 250 JMD | 41.05 CUP |
| 300 JMD | 49.26 CUP |
| 400 JMD | 65.68 CUP |
| 500 JMD | 82.10 CUP |
| 600 JMD | 98.52 CUP |
| 700 JMD | 114.94 CUP |
| 800 JMD | 131.36 CUP |
| 1,000 JMD | 164.20 CUP |
| 1,500 JMD | 246.30 CUP |
| 2,000 JMD | 328.40 CUP |
| 2,500 JMD | 410.50 CUP |
| 3,000 JMD | 492.60 CUP |
| 4,000 JMD | 656.80 CUP |
| 5,000 JMD | 821.00 CUP |
| 10,000 JMD | 1,642.00 CUP |
| 15,000 JMD | 2,463.00 CUP |
| 20,000 JMD | 3,284.00 CUP |
| 30,000 JMD | 4,926.00 CUP |
| 40,000 JMD | 6,568.00 CUP |
| 50,000 JMD | 8,210.00 CUP |
| 100,000 JMD | 16,420.00 CUP |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money from Jamaica to Cuba?
It can be very confusing when sending money from Jamaica to Cuba given so many choices. Additionally, Jamaican Dollar to CUP exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.Choose Jamaica to Cuba as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Cuba from Jamaica. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.
To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Jamaican Dollar to Cuban Peso remittances.
How to get the best exchange rate for sending money from Jamaica to Cuba?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Cuba 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 Cuban 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 Cuba corridor to give you more good choices for your next CUP money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to transfer money from Jamaica to Cuba?
One of the most important things to watch out for is hidden fees when sending money to Cuba from Jamaica. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Cuba using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Cuban Peso foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best JMD to Cuba exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Cuba from Jamaica.
Should I use my bank to send money from Jamaica to Cuba?
Bank transfers have been a traditionally popular way to send money overseas from Jamaica to Cuba. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the JMD to CUP exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Jamaica bank for your Cuba money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
How to send money from Jamaica to Cuba fast?
If you need to convert JMD to CUP as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Jamaica to Cuba could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your Jamaican Dollar to Cuban Peso funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Cuba.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Jamaica to Cuba. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to transfer money to Cuba from Jamaica?
Comparing money transfer companies for sending money to Cuba from Jamaica 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 Cuba. 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 Jamaican Dollar to Cuban Peso 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 Cuban Peso yield on every Jamaican Dollar that you send.
Step by step guide to transfer money to Cuba from Jamaica
Follow the below easy steps to send money to Cuba from Jamaica.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Jamaica bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Cuba).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.