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

Looking at the 30-day window, the JMD/CVE pair traded in a range of 0.574600 to 0.614100. The monthly average was 0.595984 with 1.81% volatility. This downward movement of 2.3% suggests significant momentum in the JMD/CVE exchange rate.

The current mid-market exchange rate is 1 JMD = 0.612031 CVE, updated as of July 3, 2026, 10:58 AM 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.

Jamaican Dollar to Cape Verdean Escudo Exchange Rate

The JMD/CVE exchange rate tells you how many Cape Verdean Escudo (CVE) you receive for every Jamaican Dollar (JMD). At the current mid-market rate of 1 JMD = 0.612031 CVE, 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 JMD/CVE Conversion

Converting Jamaican Dollar to Cape Verdean Escudo 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.

What Affects the JMD to CVE Rate

Exchange rates between Jamaican Dollar and Cape Verdean Escudo are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the JMD/CVE rate fluctuates throughout trading sessions and over longer time periods.

Historical JMD/CVE Trends

The JMD/CVE 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.

Mid-Market Rate Explained

The mid-market rate of 1 JMD = 0.612031 CVE 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.

Reverse Rate: CVE to JMD

The reverse exchange rate is 1 CVE = 1.6339 JMD. This is useful if you are starting with Cape Verdean Escudo and want to know how much Jamaican Dollar you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated CVE to JMD converter for the reverse direction.