Compare today's TZS to JMD (Tanzanian Shilling to Jamaican Dollar) exchange rates
Interbank Exchange Rate: 1 TZS = 0.0611 JMD
Updated about an hour ago
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All you need to know about Tanzanian Shilling to Jamaican Dollar money transfers
Easily compare money transfer providers in one place to send money from Tanzania to Jamaica. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) 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.
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Latest TZS to JMD Conversion Rates
Here are some latest TZS to JMD (Tanzanian Shilling to Jamaican Dollar) exchange rates for popular conversion amounts*.
| 1 TZS | 0.06 JMD |
| 5 TZS | 0.31 JMD |
| 10 TZS | 0.61 JMD |
| 25 TZS | 1.53 JMD |
| 50 TZS | 3.06 JMD |
| 100 TZS | 6.11 JMD |
| 150 TZS | 9.17 JMD |
| 200 TZS | 12.22 JMD |
| 250 TZS | 15.28 JMD |
| 300 TZS | 18.33 JMD |
| 400 TZS | 24.44 JMD |
| 500 TZS | 30.55 JMD |
| 600 TZS | 36.66 JMD |
| 700 TZS | 42.77 JMD |
| 800 TZS | 48.88 JMD |
| 1,000 TZS | 61.10 JMD |
| 1,500 TZS | 91.65 JMD |
| 2,000 TZS | 122.20 JMD |
| 2,500 TZS | 152.75 JMD |
| 3,000 TZS | 183.30 JMD |
| 4,000 TZS | 244.40 JMD |
| 5,000 TZS | 305.50 JMD |
| 10,000 TZS | 611.00 JMD |
| 15,000 TZS | 916.50 JMD |
| 20,000 TZS | 1,222.00 JMD |
| 30,000 TZS | 1,833.00 JMD |
| 40,000 TZS | 2,444.00 JMD |
| 50,000 TZS | 3,055.00 JMD |
| 100,000 TZS | 6,110.00 JMD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money to Jamaica from Tanzania?
There are many good choices when it comes to sending money from Tanzania to Jamaica. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Tanzanian Shilling to JMD money transfers.We compare different remittance companies to bring you the best options to send money to Jamaica from Tanzania. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Tanzanian Shilling to Jamaican Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best exchange rate for sending money from Tanzania to Jamaica?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Jamaica.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Tanzania to Jamaica transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your TZS to Jamaican Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way for transferring money to Jamaica from Tanzania?
The final amount your recipient gets when you send TZS to JMD 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 Tanzania to Jamaica 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 Jamaican Dollar 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 Tanzanian Shilling to Jamaica 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.
How to send money to Jamaica from Tanzania through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Tanzania to Jamaica money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like TZS to JMD transfers.
Given this, there are umpteen additional options to send money to Jamaica instead of just your Tanzania bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Tanzanian Shilling even more so that your recipient in Jamaica gets the maximum amount.
What is the fastest way to do a money transfer to Jamaica from Tanzania?
It could be a stressful experience if you need to rush money quickly from Tanzania to Jamaica. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert TZS to JMD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Jamaican Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Tanzania to Jamaica money transfers.
Which are the best money transfer companies to send money from Tanzania to Jamaica?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Tanzania to Jamaica, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Tanzanian Shilling to Jamaican Dollar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your JMD money transfers to Jamaica. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Jamaica getting more money for every Tanzanian Shilling you send.
Step by step guide to send money to Jamaica from Tanzania
Follow the below easy steps to send money to Jamaica from Tanzania.- 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 Tanzania bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Jamaica).
- 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.