1 JMD to PAB - Convert Jamaican Dollar to Panamanian Balboa

Looking at the 30-day window, the JMD/PAB pair traded in a range of 0.006100 to 0.006600. The monthly average was 0.006308 with 1.97% volatility. This upward movement of 2.4% suggests significant momentum in the JMD/PAB exchange rate.

The current mid-market exchange rate is 1 JMD = 0.006344 PAB, updated as of July 3, 2026, 6:13 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 Panamanian Balboa Exchange Rate

The JMD/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Jamaican Dollar (JMD). At the current mid-market rate of 1 JMD = 0.006344 PAB, 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/PAB Conversion

Converting Jamaican Dollar to Panamanian Balboa 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 PAB Rate

Exchange rates between Jamaican Dollar and Panamanian Balboa 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/PAB rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from JMD to PAB

International money transfers from Jamaican Dollar to Panamanian Balboa can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

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. Understanding the fundamentals behind JMD helps contextualize its exchange rate movements against PAB and other currencies.

Reverse Rate: PAB to JMD

The reverse exchange rate is 1 PAB = 157.63 JMD. This is useful if you are starting with Panamanian Balboa 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 PAB to JMD converter for the reverse direction.