1 JMD to UGX - Convert Jamaican Dollar to Ugandan Shilling

Looking at the 30-day window, the JMD/UGX pair traded in a range of 23.3119 to 24.6935. The monthly average was 24.0371 with 1.77% volatility. The relatively low volatility indicates stable trading conditions for the JMD/UGX currency pair.

The current mid-market exchange rate is 1 JMD = 23.3388 UGX, updated as of July 3, 2026, 6:09 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 Ugandan Shilling Exchange Rate

The JMD/UGX exchange rate tells you how many Ugandan Shilling (UGX) you receive for every Jamaican Dollar (JMD). At the current mid-market rate of 1 JMD = 23.3388 UGX, 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.

What Affects the JMD to UGX Rate

Exchange rates between Jamaican Dollar and Ugandan Shilling 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/UGX rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from JMD to UGX

International money transfers from Jamaican Dollar to Ugandan Shilling 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 UGX and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 JMD = 23.3388 UGX 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.