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Compare today's JMD to USD (Jamaican Dollar to US Dollar) exchange rates

Jamaica
El Salvador
JMD

Interbank Exchange Rate: 1 JMD = 0.0065 USD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Jamaican Dollar to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Jamaica to El Salvador. Send money overseas to your loved ones by comparing Jamaican Dollar (JMD) to US Dollar (USD) 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 El Salvador 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 USD Conversion Rates

Here are some latest JMD to USD (Jamaican Dollar to US Dollar) exchange rates for popular conversion amounts*.

1 JMD0.01 USD
5 JMD0.03 USD
10 JMD0.07 USD
25 JMD0.16 USD
50 JMD0.33 USD
100 JMD0.65 USD
150 JMD0.98 USD
200 JMD1.30 USD
250 JMD1.63 USD
300 JMD1.95 USD
400 JMD2.60 USD
500 JMD3.25 USD
600 JMD3.90 USD
700 JMD4.55 USD
800 JMD5.20 USD
1,000 JMD6.50 USD
1,500 JMD9.75 USD
2,000 JMD13.00 USD
2,500 JMD16.25 USD
3,000 JMD19.50 USD
4,000 JMD26.00 USD
5,000 JMD32.50 USD
10,000 JMD65.00 USD
15,000 JMD97.50 USD
20,000 JMD130.00 USD
30,000 JMD195.00 USD
40,000 JMD260.00 USD
50,000 JMD325.00 USD
100,000 JMD650.00 USD

*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 El Salvador?

Sending money internationally to El Salvador from Jamaica can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Jamaican Dollar to USD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to El Salvador. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in United States Dollar.


How to get the best remit rate for transferring money from Jamaica to El Salvador?

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 El Salvador from Jamaica.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your JMD to United States 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 JMD to USD 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 to send money to El Salvador from Jamaica?

When you want to send money to El Salvador from Jamaica, you obviously want the cheapest possible option to maximize the money your recipient gets in United States Dollar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your JMD to USD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Jamaica to El Salvador. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Jamaica to El Salvador exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send United States Dollar overseas.


Should I use my bank to send money from Jamaica to El Salvador?

We do not recommend using your local bank in Jamaica for your next JMD to USD 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 El Salvador (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 USD to El Salvador. These companies will let you use your local bank account in Jamaica to pay for your El Salvador money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Jamaica to El Salvador?

The speed of your Jamaican Dollar to United States Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert JMD to USD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to El Salvador from Jamaica is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in El Salvador if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout USD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Jamaica bank to El Salvador bank transfer.


Which are the best money transfer companies to transfer money to El Salvador from Jamaica?

Comparing money transfer companies for sending money to El Salvador 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 El Salvador. 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 United States 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 United States Dollar yield on every Jamaican Dollar that you send.


Step by step guide to send money from Jamaica to El Salvador

With so many possible ways to transfer Jamaican Dollar to United States Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Jamaica to El Salvador remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Jamaica and the receiver in El Salvador. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your JMD to United States Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.