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Compare today's JMD to PEN (Jamaican Dollar to Peruvian Nuevo Sol) exchange rates

Jamaica
Peru
JMD

Interbank Exchange Rate: 1 JMD = 0.0214 PEN
Updated about an hour ago

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All you need to know about Jamaican Dollar to Peruvian Nuevo Sol money transfers

Easily compare money transfer providers in one place to send money from Jamaica to Peru. Send money overseas to your loved ones by comparing Jamaican Dollar (JMD) to Peruvian Nuevo Sol (PEN) 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 Peru 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 PEN Conversion Rates

Here are some latest JMD to PEN (Jamaican Dollar to Peruvian Nuevo Sol) exchange rates for popular conversion amounts*.

1 JMD0.02 PEN
5 JMD0.11 PEN
10 JMD0.21 PEN
25 JMD0.53 PEN
50 JMD1.07 PEN
100 JMD2.14 PEN
150 JMD3.21 PEN
200 JMD4.28 PEN
250 JMD5.35 PEN
300 JMD6.42 PEN
400 JMD8.56 PEN
500 JMD10.70 PEN
600 JMD12.84 PEN
700 JMD14.98 PEN
800 JMD17.12 PEN
1,000 JMD21.40 PEN
1,500 JMD32.10 PEN
2,000 JMD42.80 PEN
2,500 JMD53.50 PEN
3,000 JMD64.20 PEN
4,000 JMD85.60 PEN
5,000 JMD107.00 PEN
10,000 JMD214.00 PEN
15,000 JMD321.00 PEN
20,000 JMD428.00 PEN
30,000 JMD642.00 PEN
40,000 JMD856.00 PEN
50,000 JMD1,070.00 PEN
100,000 JMD2,140.00 PEN

*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 Peru from Jamaica?

It can be very confusing when sending money from Jamaica to Peru given so many choices. Additionally, Jamaican Dollar to PEN 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 Peru 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 Peru 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 Peruvian Nuevo Sol remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Peru 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 Peruvian Nuevo Sol 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 Peru corridor to give you more good choices for your next PEN 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 Peru?

Finding the cheapest way to send money from Jamaica to Peru 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 PEN 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 Peru 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.


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

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

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Jamaica to Peru. 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 PEN 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 Peru. 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 Peruvian Nuevo Sol quickly to Peru, 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 from Jamaica to Peru?

Comparing money transfer companies for sending money to Peru 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 Peru. 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 Peruvian Nuevo Sol 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 Peruvian Nuevo Sol yield on every Jamaican Dollar that you send.


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

With so many possible ways to transfer Jamaican Dollar to Peruvian Nuevo Sol, 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 Peru 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 Peru. 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 Peruvian Nuevo Sol money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.