Compare today's JMD to EUR (Jamaican Dollar to Euro) exchange rates
Interbank Exchange Rate: 1 JMD = 0.0054 EUR
Updated about an hour ago
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All you need to know about Jamaican Dollar to Euro money transfers
Easily compare money transfer providers in one place to send money from Jamaica to Latvia. Send money overseas to your loved ones by comparing Jamaican Dollar (JMD) to Euro (EUR) 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 EUR Conversion Rates
Here are some latest JMD to EUR (Jamaican Dollar to Euro) exchange rates for popular conversion amounts*.
| 1 JMD | 0.01 EUR |
| 5 JMD | 0.03 EUR |
| 10 JMD | 0.05 EUR |
| 25 JMD | 0.14 EUR |
| 50 JMD | 0.27 EUR |
| 100 JMD | 0.54 EUR |
| 150 JMD | 0.81 EUR |
| 200 JMD | 1.08 EUR |
| 250 JMD | 1.35 EUR |
| 300 JMD | 1.62 EUR |
| 400 JMD | 2.16 EUR |
| 500 JMD | 2.70 EUR |
| 600 JMD | 3.24 EUR |
| 700 JMD | 3.78 EUR |
| 800 JMD | 4.32 EUR |
| 1,000 JMD | 5.40 EUR |
| 1,500 JMD | 8.10 EUR |
| 2,000 JMD | 10.80 EUR |
| 2,500 JMD | 13.50 EUR |
| 3,000 JMD | 16.20 EUR |
| 4,000 JMD | 21.60 EUR |
| 5,000 JMD | 27.00 EUR |
| 10,000 JMD | 54.00 EUR |
| 15,000 JMD | 81.00 EUR |
| 20,000 JMD | 108.00 EUR |
| 30,000 JMD | 162.00 EUR |
| 40,000 JMD | 216.00 EUR |
| 50,000 JMD | 270.00 EUR |
| 100,000 JMD | 540.00 EUR |
*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 Latvia?
It can be very confusing when sending money from Jamaica to Latvia given so many choices. Additionally, Jamaican Dollar to EUR 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 Latvia 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 Latvia 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 Euro remittances.
How to get the best exchange rate for your money transfers from Jamaica to Latvia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Latvia 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 Euro 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 Latvia corridor to give you more good choices for your next EUR 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 Latvia from Jamaica?
The final amount your recipient gets when you send JMD to EUR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from Jamaica to Latvia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send Euro is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Jamaican Dollar to Latvia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
Should I use my bank to send money from Jamaica to Latvia?
Bank transfers have been a traditionally popular way to send money overseas from Jamaica to Latvia. 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 EUR 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 Latvia 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 to Latvia from Jamaica fast?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Jamaica to Latvia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert JMD to EUR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Jamaican Dollar amount reaching Latvia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
Hopefully, you do not find yourself in a crisis where you have to rush Euro quickly to Latvia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to send money to Latvia from Jamaica?
Jamaica to Latvia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Latvia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Jamaican Dollar to Euro money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to send money to Latvia from Jamaica
Follow the below easy steps to send money to Latvia 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 Latvia).
- 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.