Unlike many banks and bureaux de changes we are transparent with our Jamaican Dollar pricing. You have direct access to the live GBP/ JMD interbank exchange rate so it's easier for you to compare and see the savings you make using our buy back service. Compare our buy back rates and see how much you could save.
Ranked 1st of 96 on Review Centre
You sell us
1 GBP = Your exchange rate
1 GBP = Real exchange rate
You get British pounds
Last updated on
Source: compareholidaymoney.com
You sell us
You get British pounds
GBP
You Sell | Exchange rate | You Receive (After fees) |
You could save | |
---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
Once your currency buy back order is placed, you will be provided with an indicative captured interbank exchange rate and our fee
Please make sure the item has been insured to correct value in the event of loss or theft and keep hold of the tracking ID.
Send to the following address: TCC, PO BOX 66831, London, W27TB
the real exchange rate and our fee will be applied at the time we process your order. We shall then make payment to the bank account details you have provided.
Ideally, whenever you are buying or selling Jamaican Dollar it is always a good idea to research where the interbank exchange rate is. The interbank exchange rate gives you a guide as you want to transact as closely to it as possible. For ease, we always show what the mid market rate is on our currency converters.
In a nutshell, when you are selling back Jamaican Dollar and converting to GBP you want to do so when the Jamaican Dollar is strong against British Pound. This way you will get more British Pound for every Jamaican Dollar sold. If you are buying Jamaican Dollar the reverse applies and you should try to buy when Jamaican Dollar weak against the British Pound since this would mean more Jamaican Dollar for every British Pound you spend.
Sell your leftover currency for the best value!
The Jamaican Dollar has been in circulation since 1969. 1 JMD subdivides into 100 cents; however, prices in cents are usually rounded to the nearest Dollar during cash transactions. As an exotic currency, the Jamaican Dollar is not traded much in the forex market; however, you can easily sell Jamaican Dollars with us.
Official name - Jamaican Dollar
Code - JMD
Symbol - $, J$
Subunit - Cent
Traditionally you can get your leftover Jamaican Dollar exchanged at a bureau de change or banking institution. But these offline currency exchange establishments tend to charge unreasonable exchange rates and hidden fees. So, if you want to get the most value for your JMD, you should look for an online currency exchange service provider.
Follow the steps mentioned below to get the best rates for Jamaican Dollar online:
Step1: Search for the "Jamaican Dollar buy back services". You will get a list of the most promising service providers.
Step2: Shortlist the companies that do not charge any hidden fees. Please check if the service provider offers complete transparency along with access to the live interbank rates.
Step3: Compare the rates of your shortlisted institutions and select the one that offers the lowest Jamaican Dollar exchange rates.
Step4: Send them your leftover JMD.
Once your leftover currency is received, the company will promptly convert it and send you the exchanged amount.
Please note, here low exchange rate means JMD's rate in respect to the currency of concern. So, for instance, if you want to convert it into Pounds, the GBP to JMD exchange rate should be considerably low.
There is no other company in the online market that offers as much transparency as The Currency Club. We offer you the interbank live rates Jamaican Dollar even before you book our services. This way, you can compare our rates with the market and calculate our spread as well as the amount you will get in exchange.
Moreover, we do not have any hidden charges or fees associated with our assistance. Thus, when you sell JMD to us, rest assured of the market-best value. So, why waste both time and money on any other institution when you can avail yourself of the most beneficial deal through our buy back services.
The value depends on how well JMD is performing with respect to GBP. To know the exchanged amount in Pounds against selling 10000 Jamaican Dollars right now, refer to our currency converter.
We offer our buy back assistance for over 50 different currencies across the world. Check whether we convert your currency of concern from the drop-down section of the converter on the buy back page.
Once we receive your leftover JMD, we will promptly convert it and credit the exchanged amount to your registered bank account.
If so please visit Sterling FX for exceptional sell Jamaican Dollar branch rates - www.sterlingfx.co.uk/london-branch