LocalExchangeRates.com

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

Date generated:

Mid-Market Rate: 1 MAD = 15.9349 JMD

Real-Time Interbank Wholesale Feed: October 6, 2026

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

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 MAD in JMD?

1 MAD = 15.9349 JMD

At the current mid-market wholesale exchange rate, converting 1,000 Moroccan Dirham (MAD) yields approximately 15,934.92 Jamaican Dollar (JMD) (inverse rate: 1 JMD = 0.0628 MAD). 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): MAD

You Receive (Estimate): JMD

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

Kurs rynkowy: 1 MAD = 15.9349 JMD

Kurs odwrotny: 1 JMD = 0.0628 MAD

Status danych: Live Data (Redis)

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

MAD to JMD Real-Time & Historical Rate Chart

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

Period High

16.1261 JMD

Period Low

15.7437 JMD

Volatility / Avg

15.9349 JMD

Mid-Market Trend

+0.25%

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

Min: 15.7437 JMD

Max: 16.1261 JMD

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

Min: 15.3772 JMD

Max: 16.4926 JMD

Standard Denomination Conversion Matrix (MAD & JMD)

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

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

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

Provider / Channel	MAD/JMD Effective Exchange Rate	Estimated Fee	Estimated Received (JMD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	15.9349 JMD	0.00%	79,674.58 JMD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	15.3772 JMD	~3.50%	76,885.97 JMD	-2,788.61 JMD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	14.3414 JMD	~10.00%	71,707.12 JMD	-7,967.46 JMD

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

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

🌏 International Transfers & Travel (Morocco ↔ Jamaica)

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

MAD and JMD Currency Profiles

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

How the MAD to JMD Exchange Rate Works

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

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

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

How much is 1,000 MAD in JMD today?

At the current mid-market exchange rate (1 MAD = 15.9349 JMD), 1,000 Moroccan Dirham equals approximately 15,934.92 Jamaican 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 Moroccan Dirham?

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 MAD?

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 Al-Maghrib (BAM)) 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.