JMD to GIP

Convert Jamaican Dollar to Gibraltar Pound

1 JMD = 0.0051 GIP

Rule of thumb

When you are abroad and you just want to get a quick estimate, use this rule of thumb:

Divide the amount in Jamaican Dollar (JMD) by 1000 and multiply by 5 to get it in Gibraltar Pound (GIP)

How to convert Jamaican Dollar to Gibraltar Pound

Converting currencies can be done through various channels. Currency exchange services at banks or online platforms offer a straightforward solution—simply input the amount and desired currency. Online converters and ATMs also provide convenient options, while credit cards automatically handle conversions during international transactions.

How much does it cost to convert JMD to GIP

The cost of converting JMD to GIP depends on the method chosen. Exchange services may charge fees or offer slightly different rates. Online platforms and ATMs may have transaction fees, and credit cards might include foreign transaction fees. It’s essential to compare options and consider associated costs before deciding on a conversion method.

Jamaican Dollar to Gibraltar Pounds conversion rates

1 JMD0.01 GIP
5 JMD0.03 GIP
10 JMD0.05 GIP
20 JMD0.10 GIP
50 JMD0.25 GIP
100 JMD0.51 GIP
250 JMD1.26 GIP
500 JMD2.53 GIP
1000 JMD5.06 GIP
2000 JMD10.11 GIP
5000 JMD25.28 GIP
10000 JMD50.56 GIP
1 GIP197.78 JMD
5 GIP988.90 JMD
10 GIP1,977.79 JMD
20 GIP3,955.59 JMD
50 GIP9,888.97 JMD
100 GIP19,777.94 JMD
250 GIP49,444.84 JMD
500 GIP98,889.68 JMD
1000 GIP197,779.35 JMD
2000 GIP395,558.70 JMD
5000 GIP988,896.75 JMD
10000 GIP1,977,793.50 JMD

Top Currency Pairings for Jamaican Dollar


GIP to JMD

JMD to USD

JMD to EUR

JMD to GBP

JMD to CAD

JMD to AUD

JMD to BRL

JMD to MXN

JMD to JPY

JMD to SGD

JMD to JPY

JMD to CHF
Looking for another JMD currency pair?

How to transfer money? And how long does it take?

Peer-to-peer payment apps like Venmo or PayPal offer quick transactions. Wire transfers through banks are an option but can take a few days. Cryptocurrencies, such as Bitcoin or Ethereum, provide a decentralized alternative for transferring funds globally, offering speed and some degree of anonymity.

Look out for exchange scams

Look out forDescription
Unofficial Currency ExchangesStreet individuals and kioks may offer attractive rates and/or give counterfeit currency. Use established offices for safety.
Dynamic Currency ConversionSome ATMs offer less favorable exchange rates. Opt for local currency to avoid extra fees during transactions.
Overcharging at Exchange OfficesTourist-heavy areas may charge higher fees. Compare rates and be aware of additional fees before transactions.
Fake Banknote SwitchBe cautious during exchanges to prevent scammers from switching real currency with counterfeits. Count money carefully.
Inflated CommissionsExchange offices may have hidden fees. Inquire about the total cost, including commissions, before exchanging money.
Always know exactly how the coins and notes from the currency look like. Know or ask about exchange rate and fees beforehand and count your money carefully afterwards. Look at the chart, when was the last price update? Use your calculator to verify.

Currency Information

The JMD, also known as the Jamaican Dollar, is the official currency of Jamaica. It is widely used and accepted as legal tender within the country.

GIP, also known as the Gibraltar Pound, is the official currency of Gibraltar, a British Overseas Territory located on the southern coast of Spain. It is issued and regulated by the Government of Gibraltar. The GIP is only used as legal tender within Gibraltar and is not widely accepted outside of the territory.

Cost of Living Comparison

When it comes to daily expenses, the cost of groceries and dining out plays a significant role. Here we look at the average weekly cost for basic groceries and dining out at a mid-range restaurant dinner for two people.

LocationWeekly GroceriesDining Out for Two
Jamaica€100€40
Gibraltar€#N/A€#N/A
All numbers in Euros for easy comparison.

Keep in mind that these figures are approximations, and actual costs can vary based on specific locations and individual choices.