LocalExchangeRates.com

Official Rate Sheet: Jamaican Dollar (JMD) / Singapore Dollar (SGD)

Date generated:

Mid-Market Rate: 1 JMD = 0.0081 SGD

Real-Time Interbank Wholesale Feed: October 6, 2026

Jamaican Dollar to Singapore Dollar Exchange Rate (JMD to SGD)

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 SGD?

1 JMD = 0.0081 SGD

At the current mid-market wholesale exchange rate, converting 1,000 Jamaican Dollar (JMD) yields approximately 8.09 Singapore Dollar (SGD) (inverse rate: 1 SGD = 123.6043 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): SGD

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

Kurs rynkowy: 1 JMD = 0.0081 SGD

Kurs odwrotny: 1 SGD = 123.6043 JMD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check SGD to JMD (Singapore Dollar to Jamaican Dollar) Live Converter →

JMD to SGD Real-Time & Historical Rate Chart

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

Period High

0.0082 SGD

Period Low

0.0080 SGD

Volatility / Avg

0.0081 SGD

Mid-Market Trend

+0.25%

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

Min: 0.0080 SGD

Max: 0.0082 SGD

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

Min: 0.0078 SGD

Max: 0.0084 SGD

Standard Denomination Conversion Matrix (JMD & SGD)

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

Jamaican Dollar → Singapore Dollar (JMD / SGD)

Wholesale Benchmark

Jamaican Dollar (JMD)	Singapore Dollar (SGD)
1 JMD	0.01 SGD
5 JMD	0.04 SGD
10 JMD	0.08 SGD
25 JMD	0.20 SGD
50 JMD	0.40 SGD
100 JMD	0.81 SGD
200 JMD	1.62 SGD
250 JMD	2.02 SGD
500 JMD	4.05 SGD
1,000 JMD	8.09 SGD
2,500 JMD	20.23 SGD
5,000 JMD	40.45 SGD
10,000 JMD	80.90 SGD

Singapore Dollar → Jamaican Dollar (SGD / JMD)

Wholesale Benchmark

Singapore Dollar (SGD)	Jamaican Dollar (JMD)
1 SGD	123.60 JMD
5 SGD	618.02 JMD
10 SGD	1,236.04 JMD
25 SGD	3,090.11 JMD
50 SGD	6,180.21 JMD
100 SGD	12,360.43 JMD
200 SGD	24,720.85 JMD
250 SGD	30,901.06 JMD
500 SGD	61,802.13 JMD
1,000 SGD	123,604.26 JMD
2,500 SGD	309,010.64 JMD
5,000 SGD	618,021.29 JMD
10,000 SGD	1,236,042.58 JMD

Provider / Channel	JMD/SGD Effective Exchange Rate	Estimated Fee	Estimated Received (SGD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0081 SGD	0.00%	40.45 SGD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0078 SGD	~3.50%	39.04 SGD	-1.42 SGD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0073 SGD	~10.00%	36.41 SGD	-4.05 SGD

1 JMD to SGD: Jamaican Dollar to Singapore Dollar Exchange Guide

Searches for 1 JMD to SGD or convert JMD to SGD describe the amount of Singapore Dollar received per 1 Jamaican Dollar. At today's wholesale baseline of 1 JMD = 0.0081 SGD (inverse: 1 SGD = 123.6043 JMD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Jamaica ↔ Singapore)

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 Monetary Authority of Singapore (MAS) shape the medium-to-long term valuation of JMD/SGD.

JMD and SGD Currency Profiles

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

How the JMD to SGD Exchange Rate Works

Foreign exchange transactions between Jamaica (JMD) and Singapore (SGD) 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 SGD:

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 Monetary Authority of Singapore (MAS) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Jamaica and Singapore 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 (SGD) 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 Singapore Dollar Conversion

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

How much is 1,000 JMD in SGD today?

At the current mid-market exchange rate (1 JMD = 0.0081 SGD), 1,000 Jamaican Dollar equals approximately 8.09 Singapore Dollar. 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.