LocalExchangeRates.com

Official Rate Sheet: Jamaican Dollar (JMD) / Guatemalan Quetzal (GTQ)

Date generated:

Mid-Market Rate: 1 JMD = 0.0483 GTQ

Real-Time Interbank Wholesale Feed: October 6, 2026

Jamaican Dollar to Guatemalan Quetzal Exchange Rate (JMD to GTQ)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 JMD in GTQ?

1 JMD = 0.0483 GTQ

At the current mid-market wholesale exchange rate, converting 1,000 Jamaican Dollar (JMD) yields approximately 48.27 Guatemalan Quetzal (GTQ) (inverse rate: 1 GTQ = 20.7160 JMD). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): JMD

You Receive (Estimate): GTQ

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 JMD = 0.0483 GTQ

Kurs odwrotny: 1 GTQ = 20.7160 JMD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check GTQ to JMD (Guatemalan Quetzal to Jamaican Dollar) Live Converter →

JMD to GTQ Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Jamaican Dollar against Guatemalan Quetzal

Period High

0.0489 GTQ

Period Low

0.0477 GTQ

Volatility / Avg

0.0483 GTQ

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 0.0477 GTQ

Max: 0.0489 GTQ

52-Week Range (1Y) Current Position: 65% Range

Min: 0.0466 GTQ

Max: 0.0500 GTQ

Standard Denomination Conversion Matrix (JMD & GTQ)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Jamaican Dollar → Guatemalan Quetzal (JMD / GTQ)

Wholesale Benchmark

Jamaican Dollar (JMD)	Guatemalan Quetzal (GTQ)
1 JMD	0.05 GTQ
5 JMD	0.24 GTQ
10 JMD	0.48 GTQ
25 JMD	1.21 GTQ
50 JMD	2.41 GTQ
100 JMD	4.83 GTQ
200 JMD	9.65 GTQ
250 JMD	12.07 GTQ
500 JMD	24.14 GTQ
1,000 JMD	48.27 GTQ
2,500 JMD	120.68 GTQ
5,000 JMD	241.36 GTQ
10,000 JMD	482.72 GTQ

Guatemalan Quetzal → Jamaican Dollar (GTQ / JMD)

Wholesale Benchmark

Guatemalan Quetzal (GTQ)	Jamaican Dollar (JMD)
1 GTQ	20.72 JMD
5 GTQ	103.58 JMD
10 GTQ	207.16 JMD
25 GTQ	517.90 JMD
50 GTQ	1,035.80 JMD
100 GTQ	2,071.60 JMD
200 GTQ	4,143.21 JMD
250 GTQ	5,179.01 JMD
500 GTQ	10,358.02 JMD
1,000 GTQ	20,716.04 JMD
2,500 GTQ	51,790.10 JMD
5,000 GTQ	103,580.20 JMD
10,000 GTQ	207,160.39 JMD

Provider / Channel	JMD/GTQ Effective Exchange Rate	Estimated Fee	Estimated Received (GTQ)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0483 GTQ	0.00%	241.36 GTQ	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0466 GTQ	~3.50%	232.91 GTQ	-8.45 GTQ
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0434 GTQ	~10.00%	217.22 GTQ	-24.14 GTQ

1 JMD to GTQ: Jamaican Dollar to Guatemalan Quetzal Exchange Guide

Searches for 1 JMD to GTQ or convert JMD to GTQ describe the amount of Guatemalan Quetzal received per 1 Jamaican Dollar. At today's wholesale baseline of 1 JMD = 0.0483 GTQ (inverse: 1 GTQ = 20.7160 JMD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Jamaica ↔ Guatemala)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Bank of Jamaica (BoJ) and Bank of Guatemala (Banguat) shape the medium-to-long term valuation of JMD/GTQ.

JMD and GTQ Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Jamaica and Guatemala.

How the JMD to GTQ Exchange Rate Works

Foreign exchange transactions between Jamaica (JMD) and Guatemala (GTQ) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between JMD and GTQ:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Bank of Jamaica (BoJ) and Bank of Guatemala (Banguat) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Jamaica and Guatemala exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (GTQ) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Jamaican Dollar to Guatemalan Quetzal Conversion

Common questions regarding Jamaican Dollar to Guatemalan Quetzal conversion, bank spreads, and transfer costs.

How much is 1,000 JMD in GTQ today?

At the current mid-market exchange rate (1 JMD = 0.0483 GTQ), 1,000 Jamaican Dollar equals approximately 48.27 Guatemalan Quetzal. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Jamaican Dollar?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with JMD?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Bank of Jamaica (BoJ)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.