120 Jamaican Dollar to Moroccan dirham Exchange Rate | JMD to MAD - XTransfer
120Jamaican Dollar to Moroccan dirham exchange rate
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JMD to MAD
Amount
Result
1 JMD = 0.0581496 MAD
07:31 Exchange Rate
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JMD to MAD AI Predictive Analysis
XTransfer is the first platform for B2B foreign trade finance in China. It provides safe, convenient and low-cost international collection solutions for small, medium and micro enterprises, with 0 account opening fee and 0 handling fee. New users can receive up to 200000 RMB free foreign exchange settlement quota for registration. The current JMD/MAD market is slightly volatile, focusing on changes in economic policy and exchange rate trends, and AI forecasts can help users grasp trends.
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As of August 14, 2025
analysis of influencing factors:
Economic data and policy adjustment
potential resistance level:
0.0567
Operational recommendations:
Wait and see or small position layout
Forecast Time Range:
Next 1-2 weeks
Market sentiment:
Cautiously optimistic
Brief Technical Review:
Short-term shock pattern, need to focus on key support and resistance levels
Recent volatility:
0.0004
AI Confidence Index:
Medium
Potential support level:
0.0563
trend prediction:
Next 1-2 weeks
AI analysis is for reference only. Please judge based on actual conditions.
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The Jamaican dollar has been issued since 1969, with the establishment of monetary policy after independence. The JMD supports the economic development of the island nation, especially in the fields of tourism and mineral resources, and is at the core of local business activities.
Supporting unit:1 yuan = 100 cents
Denomination of banknotes:$50, $100, $500, $1000
Reserve currency:No, it is mainly used for the national economy.
Banknote material:Cotton paper, featuring various anti-counterfeiting characteristics such as watermarks and security threads.
Metal composition:Copper-nickel alloys, stainless steel, etc.
Currency symbol:J$
Paper currency size:Different denominations have different sizes, for example, $1000 is approximately 155mm × 66mm.
language:en
Main unit:1 Yuan (Dollar)
ISO code:JMD
Currency name:Jamaican Dollar
Exchange Rate System:Floating exchange rate system
Central Bank:Bank of Jamaica
Safe-haven currency:No, the exchange rate fluctuates significantly.
Coin denomination:1¢, 10¢, 25¢, 50¢, $1
Countries of Use:Jamaica is the only country where it is used officially.
Cross-border payment:The SWIFT network supports international transfers, and the Jamaican dollar is frequently used for settlements among certain countries in the Caribbean; however, large-scale international trade settlements are mostly denominated in US dollars.
MAD - Moroccan Dirham
The Moroccan Dirham was issued in 1959 and became the country's official currency after independence. The MAD reflects Morocco's economic diversification and foreign trade development and is one of the most important currencies in North Africa.
Supporting unit:1 dirham = 100 centimes
Denomination of banknotes:20, 50, 100, 200 dirhams
Reserve currency:No, it mainly relies on the US dollar and the euro.
Banknote material:Paper, with watermark and security thread.
Metal composition:Copper-nickel alloy, stainless steel
Currency symbol:د.م.
Paper currency size:For example, 100 dirhams is approximately 140mm × 70mm.
language:en
Main unit:Dirham
ISO code:MAD
Currency name:Moroccan Dirham
Exchange Rate System:Managed floating exchange rate system
Central Bank:Bank Al-Maghrib
Safe-haven currency:No, the exchange rate is significantly influenced by regional economies.
Countries of Use:Morocco is the only country that uses it officially.
Cross-border payment:Supports international payments through the SWIFT system, with limited use of the Moroccan dirham in trade within Africa and the Middle East.
JMD
The Jamaican Dollar, also known as the JMD currency, is the primary form of money in Jamaica. It influences how people live and conduct business daily. Residents use the JMD currency in stores and markets to purchase food, clothing, and souvenirs. Many visitors notice that 1 US Dollar is approximately 159.70 in JMD currency, while 1 Euro is about 188 JMD. The JMD currency reflects the value of money in Jamaica and represents the vibrant culture and pride of the nation.HighlightsThe Jamaican doll...
When you go to Morocco, you will use the Moroccan dirham. It is the official currency of Morocco. The international code for the Moroccan dirham is MAD. The currency is split into smaller units called santim. You may see it written as MAD, د.م., or dh. You cannot bring Moroccan currency into or out of the country. Knowing about the mad currency helps you use money in Morocco. It also helps you avoid scams and travel easily. More than 13 million people visit Morocco each year. So, it is important...
Whether it's a holiday, weekend, or late at night — whenever you want, exchange Jamaican Dollar to Moroccan dirham anytime!
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FAQ
With Jamaican Dollar to Moroccan dirham exchange rate fluctuations, will I receive less money?
Yes, the real-time exchange rate fluctuations between Jamaican Dollar and Moroccan dirham directly impact your trade profits. Due to the time lag in international payments, if JMD depreciates or MAD strengthens at the time of settlement, the actual amount of MAD you receive will decrease due to exchange losses. Therefore, monitoring the trend of Jamaican Dollar and choosing the right exchange rate window is key to ensuring your trade proceeds do not shrink.
Why is the bank's exchange rate different from the one I found online?
The exchange rates found online are usually mid-market rates, which serve only as a market reference and are not the bank's actual transaction price. When performing currency settlement, banks deduct a "spread" (the difference between buying and selling prices) from the real-time mid-market rate to cover transaction costs. This spread causes the final amount you receive to be lower than the theoretical value calculated at the mid-market rate. Therefore, when calculating the actual profit of trade orders, you should rely on the bank's real-time "buying rate" rather than the reference rate.
Are AI-predicted exchange rates for Jamaican Dollar to Moroccan dirham accurate?
AI predictions for JMD to MAD are trend references based on historical big data and market sentiment models. While AI can capture the patterns of JMD through algorithms, it is difficult to 100% foresee sudden international political events or policy adjustments. Therefore, the predicted value of Jamaican Dollar to Moroccan dirham should serve as a supplementary suggestion for choosing a settlement window, rather than an absolute guarantee of the transaction price.
Are there any hidden fees when exchanging JMD to MAD?
In cross-border transactions involving Jamaican Dollar to Moroccan dirham, intermediary bank deductions are the most common hidden cost. When JMD is sent through non-direct banking routes, correspondent banks will deduct a service fee, resulting in the actual amount of MAD received being less than expected. To ensure your JMD order profits are not eroded, it is recommended to confirm whether the receiving bank supports the "Full Pay" (OUR) mode before initiating the Jamaican Dollar exchange to avoid extra fees during Moroccan dirham credit.
Why do different banks offer different exchange rates for Jamaican Dollar to Moroccan dirham?
This is because there is no unified fixed exchange rate globally; financial institutions add their own "spread" to the international mid-market rate of JMD to MAD. Different banks have varying position management and operational costs for JMD, which directly determines the fluctuations in their JMD settlement prices. Therefore, when converting Jamaican Dollar to Moroccan dirham, businesses will find slight differences in real-time quotes, and choosing a channel with a lower spread can yield more Moroccan dirham.
How to conduct international cross-border payments conveniently?
The key to efficient international settlement lies in shortening the intermediate transfer links of global currencies. Through XTransfer, a one-stop foreign trade financial service platform, enterprises can quickly open multi-currency global collection accounts online without queuing at physical branches, enabling real-time payment, collection, and settlement. The compliance declaration consulting and exchange settlement services provided by XTransfer effectively solve the challenges of slow arrivals and opaque fees, making it a more convenient choice for SMEs handling bulk trade settlements.
Is it really safe to send money online via XTransfer?
XTransfer is absolutely secure. Your funds are protected by our top-level security measures to ensure every transaction is safeguarded. If there is a delay, we will refund the service fee to compensate your loss.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.
AI-integrated, for reference only
JMD - Jamaican Dollar
MAD - Moroccan Dirham
