What is the
WorldRemit Send Money conversion rate for GBP to JMD?
The WorldRemit GBP to JMD exchange rate is 204.93. This is -4% compared to the latest GBP-JMD mid-market rate 213.47.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Jamaican dollar (JMD) rates from different sources before making a conversion.
The above
WorldRemit - Sterling 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 GBP-JMD mid-rate and the possible savings of using various providers.
How do WorldRemit GBP-JMD rates compare between providers?
Looking at the full
GBP to JMD - Send Money comparison table the provider with the best GBP to JMD exchange rate is Wise at 212.51, -0.45% from the latest mid-market rate 213.47.
The next best is XE at 212.19, -0.6% from the mid-rate.
Then WorldRemit at 204.93, which is -4% 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.