What is the
WorldRemit Send Money conversion rate for AUD to JMD?
The WorldRemit AUD to JMD exchange rate is 99.93. This is -4.5% compared to the latest AUD-JMD mid-market rate 104.64.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Jamaican dollar (JMD) rates from different sources before making a conversion.
The above
WorldRemit - Aussie to Jamaican dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest AUD-JMD mid-rate and the possible savings of using various providers.
How do WorldRemit AUD-JMD rates compare between providers?
Looking at the full
AUD to JMD - Send Money comparison table the provider with the best AUD to JMD exchange rate is XE at 104.01, -0.6% from the latest mid-market rate 104.64.
The next best is Wise at 103.96, -0.65% from the mid-rate.
Then WorldRemit at 99.93, which is -4.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like WorldRemit or platforms that offer rates closer to the mid-market rate.