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

Marshall Islands
Jamaica
USD

Interbank Exchange Rate: 1 USD = 156.2048 JMD
Updated about an hour ago

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

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

Were you looking to send money from Jamaica to Marshall Islands 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 USD to JMD Conversion Rates

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

1 USD156.20 JMD
5 USD781.02 JMD
10 USD1,562.05 JMD
25 USD3,905.12 JMD
50 USD7,810.24 JMD
100 USD15,620.48 JMD
150 USD23,430.72 JMD
200 USD31,240.96 JMD
250 USD39,051.20 JMD
300 USD46,861.44 JMD
400 USD62,481.92 JMD
500 USD78,102.40 JMD
600 USD93,722.88 JMD
700 USD109,343.36 JMD
800 USD124,963.84 JMD
1,000 USD156,204.80 JMD
1,500 USD234,307.20 JMD
2,000 USD312,409.60 JMD
2,500 USD390,512.00 JMD
3,000 USD468,614.40 JMD
4,000 USD624,819.20 JMD
5,000 USD781,024.00 JMD
10,000 USD1,562,048.00 JMD
15,000 USD2,343,072.00 JMD
20,000 USD3,124,096.00 JMD
30,000 USD4,686,144.00 JMD
40,000 USD6,248,192.00 JMD
50,000 USD7,810,240.00 JMD
100,000 USD15,620,480.00 JMD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Marshall Islands to Jamaica money transfers?

It can be very confusing when sending money from Marshall Islands to Jamaica given so many choices. Additionally, United States Dollar to JMD 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 Marshall Islands to Jamaica 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 Jamaica from Marshall Islands. 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 United States Dollar to Jamaican Dollar remittances.


How to get the best exchange rate for sending money from Marshall Islands to Jamaica?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Marshall Islands to Jamaica transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your USD to Jamaican Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest United States Dollar to Jamaican Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money from Marshall Islands to Jamaica?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Marshall Islands to Jamaica via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for United States Dollar to Jamaican Dollar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Marshall Islands to Jamaica exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for USD to JMD remittances.


How to send money to Jamaica from Marshall Islands through a bank?

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


How to send money from Marshall Islands to Jamaica fast?

If you need to convert USD to JMD 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 Marshall Islands to Jamaica 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 United States Dollar to Jamaican Dollar 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 Jamaica.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Marshall Islands to Jamaica. 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 Jamaica from Marshall Islands?

Marshall Islands to Jamaica 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 Jamaica 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 United States Dollar to Jamaican Dollar 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 Jamaica from Marshall Islands

The first step to send money to Jamaica from Marshall Islands is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your USD to JMD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Jamaica if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Marshall Islands bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Jamaica!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Marshall Islands to Jamaica.