LocalExchangeRates.com

Official Rate Sheet: Jamaican Dollar (JMD) / Moroccan Dirham (MAD)

Date generated:

Mid-Market Rate: 1 JMD = 0.0628 MAD

Real-Time Interbank Wholesale Feed: October 6, 2026

Jamaican Dollar to Moroccan Dirham Exchange Rate (JMD to MAD)

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 MAD?

1 JMD = 0.0628 MAD

At the current mid-market wholesale exchange rate, converting 1,000 Jamaican Dollar (JMD) yields approximately 62.76 Moroccan Dirham (MAD) (inverse rate: 1 MAD = 15.9349 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): MAD

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

Kurs rynkowy: 1 JMD = 0.0628 MAD

Kurs odwrotny: 1 MAD = 15.9349 JMD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check MAD to JMD (Moroccan Dirham to Jamaican Dollar) Live Converter →

JMD to MAD Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Jamaican Dollar against Moroccan Dirham

Period High

0.0635 MAD

Period Low

0.0620 MAD

Volatility / Avg

0.0628 MAD

Mid-Market Trend

+0.25%

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

Min: 0.0620 MAD

Max: 0.0635 MAD

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

Min: 0.0606 MAD

Max: 0.0650 MAD

Standard Denomination Conversion Matrix (JMD & MAD)

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

Jamaican Dollar → Moroccan Dirham (JMD / MAD)

Wholesale Benchmark

Jamaican Dollar (JMD)	Moroccan Dirham (MAD)
1 JMD	0.06 MAD
5 JMD	0.31 MAD
10 JMD	0.63 MAD
25 JMD	1.57 MAD
50 JMD	3.14 MAD
100 JMD	6.28 MAD
200 JMD	12.55 MAD
250 JMD	15.69 MAD
500 JMD	31.38 MAD
1,000 JMD	62.76 MAD
2,500 JMD	156.89 MAD
5,000 JMD	313.78 MAD
10,000 JMD	627.55 MAD

Moroccan Dirham → Jamaican Dollar (MAD / JMD)

Wholesale Benchmark

Moroccan Dirham (MAD)	Jamaican Dollar (JMD)
1 MAD	15.93 JMD
5 MAD	79.67 JMD
10 MAD	159.35 JMD
25 MAD	398.37 JMD
50 MAD	796.75 JMD
100 MAD	1,593.49 JMD
200 MAD	3,186.98 JMD
250 MAD	3,983.73 JMD
500 MAD	7,967.46 JMD
1,000 MAD	15,934.92 JMD
2,500 MAD	39,837.29 JMD
5,000 MAD	79,674.58 JMD
10,000 MAD	159,349.15 JMD

Provider / Channel	JMD/MAD Effective Exchange Rate	Estimated Fee	Estimated Received (MAD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0628 MAD	0.00%	313.78 MAD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0606 MAD	~3.50%	302.79 MAD	-10.98 MAD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0565 MAD	~10.00%	282.40 MAD	-31.38 MAD

1 JMD to MAD: Jamaican Dollar to Moroccan Dirham Exchange Guide

Searches for 1 JMD to MAD or convert JMD to MAD describe the amount of Moroccan Dirham received per 1 Jamaican Dollar. At today's wholesale baseline of 1 JMD = 0.0628 MAD (inverse: 1 MAD = 15.9349 JMD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Jamaica ↔ Morocco)

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 Al-Maghrib (BAM) shape the medium-to-long term valuation of JMD/MAD.

JMD and MAD Currency Profiles

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

How the JMD to MAD Exchange Rate Works

Foreign exchange transactions between Jamaica (JMD) and Morocco (MAD) 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 MAD:

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 Al-Maghrib (BAM) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Jamaica and Morocco 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 (MAD) 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 Moroccan Dirham Conversion

Common questions regarding Jamaican Dollar to Moroccan Dirham conversion, bank spreads, and transfer costs.

How much is 1,000 JMD in MAD today?

At the current mid-market exchange rate (1 JMD = 0.0628 MAD), 1,000 Jamaican Dollar equals approximately 62.76 Moroccan Dirham. 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.