1000 Eastern Caribbean dollar to Jamaican Dollar Exchange Rate | XCD to JMD - XTransfer

1000Eastern Caribbean dollar to Jamaican Dollar exchange rate

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XCD to JMD

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Result

1 XCD = 58.3704 JMD

05:31 Exchange Rate

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XCD to JMD 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 XCD/JMD market is less volatile, focusing on economic data and policy trends, and AI forecasts can help users grasp trends.

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As of August 17, 2025

analysis of influencing factors:	Economic data, policy trends
potential resistance level:	59.30
Operational recommendations:	Stay on the sidelines, choose the layout
Forecast Time Range:	Next 1-2 weeks
Market sentiment:	Cautiously optimistic
Brief Technical Review:	Prices remain volatile in a narrow range
Recent volatility:	Low
AI Confidence Index:	Medium
Potential support level:	58.90
trend prediction:	Short-term shocks to the upside

AI analysis is for reference only. Please judge based on actual conditions.

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Eastern Caribbean dollar Exchange Rate Conversion Table

XCD

1 XCD
10 XCD
25 XCD
50 XCD
100 XCD
500 XCD
1000 XCD
5000 XCD
10000 XCD

XCD - East Caribbean Dollar

The Eastern Caribbean Dollar was issued in 1965 and is used by the member states of the Organization of Eastern Caribbean States. The XCD is pegged to the US dollar to ensure currency stability. The currency is an important support for the Caribbean region's economy and tourism, promoting economic cooperation and development among member states.

Supporting unit:1 fen (1 yuan = 100 fen)
Denomination of banknotes:5, 10, 20, 50, 100 East Caribbean Dollars
Reserve currency:No, the US dollar is the primary reserve currency.
Banknote material:Paper-based with anti-counterfeiting design
Metal composition:Copper-nickel alloy
Currency symbol:EC$
Paper currency size:Approximately 156mm × 66mm
language:en
Main unit:1 yuan
ISO code:XCD
Currency name:Eastern Caribbean Dollar
Exchange Rate System:Fixed exchange rate system (pegged to the US dollar)
Central Bank:Eastern Caribbean Central Bank
Safe-haven currency:No, regional currency.
Coin denomination:1, 2, 5, 10, 25 points
Countries of Use:Eastern Caribbean countries such as Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.
Cross-border payment:The XCD is pegged to the US dollar through the Eastern Caribbean Central Bank, with cross-border payments primarily relying on the SWIFT network, and international trade is mostly settled in US dollars.

JMD - Jamaican Dollar

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.

XCD

What Is the XCD and Who Uses It?The East Caribbean Dollar (XCD) is one of the few currencies in the world shared by multiple independent nations. It is the official currency for:Antigua and BarbudaDominicaGrenadaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesAnguillaMontserratThis shared monetary unit, pegged to the US dollar at a rate of 1 USD = 2.70 XCD since 1976, is regulated by the Eastern Caribbean Central Bank (ECCB). This centralized system plays a vital role in unifying...

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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...

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FAQ

With Eastern Caribbean dollar to Jamaican Dollar exchange rate fluctuations, will I receive less money?

Yes, the real-time exchange rate fluctuations between Eastern Caribbean dollar and Jamaican Dollar directly impact your trade profits. Due to the time lag in international payments, if XCD depreciates or JMD strengthens at the time of settlement, the actual amount of JMD you receive will decrease due to exchange losses. Therefore, monitoring the trend of Eastern Caribbean 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 Eastern Caribbean dollar to Jamaican Dollar accurate?

AI predictions for XCD to JMD are trend references based on historical big data and market sentiment models. While AI can capture the patterns of XCD through algorithms, it is difficult to 100% foresee sudden international political events or policy adjustments. Therefore, the predicted value of Eastern Caribbean dollar to Jamaican Dollar 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 XCD to JMD?

In cross-border transactions involving Eastern Caribbean dollar to Jamaican Dollar, intermediary bank deductions are the most common hidden cost. When XCD is sent through non-direct banking routes, correspondent banks will deduct a service fee, resulting in the actual amount of JMD received being less than expected. To ensure your XCD order profits are not eroded, it is recommended to confirm whether the receiving bank supports the "Full Pay" (OUR) mode before initiating the Eastern Caribbean dollar exchange to avoid extra fees during Jamaican Dollar credit.

Why do different banks offer different exchange rates for Eastern Caribbean dollar to Jamaican Dollar?

This is because there is no unified fixed exchange rate globally; financial institutions add their own "spread" to the international mid-market rate of XCD to JMD. Different banks have varying position management and operational costs for XCD, which directly determines the fluctuations in their XCD settlement prices. Therefore, when converting Eastern Caribbean dollar to Jamaican Dollar, businesses will find slight differences in real-time quotes, and choosing a channel with a lower spread can yield more Jamaican Dollar.

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.

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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.