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Compare today's JMD to PYG (Jamaican Dollar to Paraguayan Guarani) exchange rates

Jamaica
Paraguay
JMD

Interbank Exchange Rate: 1 JMD = 42.2162 PYG
Updated about an hour ago

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All you need to know about Jamaican Dollar to Paraguayan Guarani money transfers

Easily compare money transfer providers in one place to send money from Jamaica to Paraguay. Send money overseas to your loved ones by comparing Jamaican Dollar (JMD) to Paraguayan Guarani (PYG) 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 Paraguay 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 PYG Conversion Rates

Here are some latest JMD to PYG (Jamaican Dollar to Paraguayan Guarani) exchange rates for popular conversion amounts*.

1 JMD42.22 PYG
5 JMD211.08 PYG
10 JMD422.16 PYG
25 JMD1,055.41 PYG
50 JMD2,110.81 PYG
100 JMD4,221.62 PYG
150 JMD6,332.43 PYG
200 JMD8,443.24 PYG
250 JMD10,554.05 PYG
300 JMD12,664.86 PYG
400 JMD16,886.48 PYG
500 JMD21,108.10 PYG
600 JMD25,329.72 PYG
700 JMD29,551.34 PYG
800 JMD33,772.96 PYG
1,000 JMD42,216.20 PYG
1,500 JMD63,324.30 PYG
2,000 JMD84,432.40 PYG
2,500 JMD105,540.50 PYG
3,000 JMD126,648.60 PYG
4,000 JMD168,864.80 PYG
5,000 JMD211,081.00 PYG
10,000 JMD422,162.00 PYG
15,000 JMD633,243.00 PYG
20,000 JMD844,324.00 PYG
30,000 JMD1,266,486.00 PYG
40,000 JMD1,688,648.00 PYG
50,000 JMD2,110,810.00 PYG
100,000 JMD4,221,620.00 PYG

*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 to Paraguay from Jamaica?

It can be very confusing when sending money from Jamaica to Paraguay given so many choices. Additionally, Jamaican Dollar to PYG 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 Paraguay 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 Paraguay 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 Paraguayan Guarani remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Paraguay 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 Paraguayan Guarani 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 Paraguay corridor to give you more good choices for your next PYG 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 Paraguay?

One of the most important things to watch out for is hidden fees when sending money to Paraguay 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 Paraguay using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Paraguayan Guarani foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best JMD to Paraguay 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 Paraguay from Jamaica.


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

Bank transfers have been a traditionally popular way to send money overseas from Jamaica to Paraguay. 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 PYG 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 Paraguay 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 Paraguay fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Jamaica to Paraguay. 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 PYG 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 Paraguay. 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 Paraguayan Guarani quickly to Paraguay, 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 transfer money to Paraguay from Jamaica?

The first step in selecting the best money transfer operators for Jamaica to Paraguay remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Jamaican Dollar to Paraguayan Guarani money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Paraguay.


Step by step guide to send money to Paraguay from Jamaica

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 Paraguay, 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 Paraguay 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 Paraguay where they can receive monies in Paraguayan Guarani.
  • 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.