1 JMD to TZS - Convert Jamaican Dollar to Tanzanian Shilling

Looking at the 30-day window, the JMD/TZS pair traded in a range of 15.9584 to 17.0485. The monthly average was 16.4783 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the JMD/TZS currency pair.

The current mid-market exchange rate is 1 JMD = 16.7406 TZS, updated as of July 3, 2026, 7:44 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 Tanzanian Shilling Exchange Rate

The JMD/TZS exchange rate tells you how many Tanzanian Shilling (TZS) you receive for every Jamaican Dollar (JMD). At the current mid-market rate of 1 JMD = 16.7406 TZS, 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/TZS Conversion

Converting Jamaican Dollar to Tanzanian Shilling 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.

How to Get the Best JMD to TZS Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Using the JMD/TZS Calculator

The free calculator at the top of this page converts any amount between Jamaican Dollar and Tanzanian Shilling instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse TZS/JMD rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Tanzanian Shilling Overview

The Tanzanian Shilling (TZS) is the official currency of Tanzania. Tourism (Kilimanjaro, Serengeti, Zanzibar) and gold mining are the country's top foreign exchange sources. The TZS exchange rate against JMD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 JMD = 16.7406 TZS 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.