1 CVE to JMD - Convert Cape Verdean Escudo to Jamaican Dollar

Looking at the 30-day window, the CVE/JMD pair traded in a range of 1.6131 to 1.7409. The monthly average was 1.6787 with 1.78% volatility. The relatively low volatility indicates stable trading conditions for the CVE/JMD currency pair.

The current mid-market exchange rate is 1 CVE = 1.6339 JMD, updated as of July 3, 2026, 2:49 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Cape Verdean Escudo to Jamaican Dollar Exchange Rate

The CVE/JMD exchange rate tells you how many Jamaican Dollar (JMD) you receive for every Cape Verdean Escudo (CVE). At the current mid-market rate of 1 CVE = 1.6339 JMD, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the CVE/JMD Conversion

Converting Cape Verdean Escudo to Jamaican Dollar involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Historical CVE/JMD Trends

The CVE/JMD exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Jamaican Dollar Overview

The Jamaican Dollar (JMD) is the official currency of Jamaica. Tourism, remittances, and bauxite mining are the primary sources of foreign exchange. The JMD exchange rate against CVE reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 CVE = 1.6339 JMD shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.