what is the exchange rate per us in negril ,??? how much ja do i get for one us?
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what is the exchange rate per us in negril ,??? how much ja do i get for one us?
Going rate is 120 to 1
thanks rob , i bought some ja at my bank a couple of months ago , 120j was the rate i got here, 7 more sleeps , get to negril the 19th cant wait 40s and raining here
I exchange at a suoermarket ("Mr Chin's" as Jamaicans call it) because it's quick and efficient. Usually I get 125 but it seems to fluctuate.
i hear ya rtitle but i am there for two months i am jest trying to cut my trips to the cambio, i do the same thing as you to , i was wondering if i got riped off getting from my bank in town,, always seems the rate goes down every time i exchange money[lol] i will still have to change money there, thanks for the mr chin tip,,,,Quote:
Originally Posted by rtitle
Ya I don't know if the supermarkets in Negril do it. I go to Lulufa supermarket in Sav where a Chinese woman sits in a booth right at the entrance way up there overlooking the store. She knows me so I don't even have to say anything. I just hand US dollars up to her in the booth and she hands me back JMD. I joked to someone I am exchanging money with God because of the way I am handing it up to someone above. Unlike the ******* money changers in front of the supermarket in Negril, she always hands me the right amount in the appropriate denominations (e.g. if a large amount, she'll give back 5000J bills). Those Negril guys always try to short-change you and one of their tricks is to hand back a large (but short of the right amount) stack of small bills that take time to count figuring the customer won't bother to count it. And if you do, they'll want to count it themselves, and then it turns into an argument with the same stack of bills being counted a re-counted with both sides claiming a different count. I don't have time for that crap. I don't use banks/cambios because (I think) they require a passport and I'm not generally carrying around my passport as I go about my day doing errands.
A driver's license works as ID at the cambios.
On Friday 1/3, the cambio at the roundabout was buying US for 122. and selling for 133. The Scotiabank next door was at 112. (NOT a typo). The official interbank rate was 131. Withdrawing 30,000 JMD at a time from the ATM remains the best exchange rate overall.
By the way, the cambio at the Hi-Lo is moving to the plaza next door and is closed for a few days (again, as of Friday 1/3).
The Cambio rates here go up slowly and go down quick....lol
You could get $125J to $1us a month ago.....
Last Summer it was around $122J/$123J....
And wi back to dat again....but who knows how long
Cool Runnings, Marko
The international rate is $132 J to US $1. Check with your bank. I use my debit card to pull money from either a Scotia or NCB bank and would get $130Js (after the atm fee and 1% international fee that my bank, ALLY, charges me). The only problem is that you can only pull out $500 worth in US a day (so I go back to a bank later in the week for the rest during my 10 day stay)
do the math doubt you get 130 , got to pay juice to jamaica, when i bought rate was 133j,, in the end i got 120j
Nope, Danap, done the math and reported it here many times. When I withdraw from an ATM I get the actual interbank rate less the fixed transaction fees (same whether you withdraw 300 or 30K), no padding of the exchange rate.
Dec 04, 2019 NCB SUNSHINE VILLAGE NEGRIL J, JM -$225.17 $351.79Quote:
Originally Posted by danap
Dec 04, 2019 NCB SUNSHINE VILLAGE NEGRIL J, JM -$225.17 $576.96
Above are the transactions from my checking account when I was in Negril last month. The going international rate was $135 JMD to $1 US. I was pulling out the ATM max of $30,000 JMD per transaction for 2 transactions (as you can see above, I was charged $225.17 US per transaction). So 30,000/225.17 = 133.23. You can doubt all you want but the math is the math my friend ;)
If you live in the US, all you have to do is open an Ally CHecking Account (It's online so available everywhere), let them know you'll be in jamaica and you can get the same benefits....
hay again , wow , in 33 years i have never gotten the said rate, when the bank said 133 i jumped on it in the end it turned out to be 120j to one , i have never used an atm mechine, i would love to see it with my own eyes,,,,,,,even rob said rate was around 120j??? exchange rate on the internet is 130j
Of course the international rate fluctuates daily but I usually get about 2 JMDs less than the going international rate that day when I pull from a bank ATM. Again, check with your bank first to see what they charge for foreign transaction fees (they're not all the same)Quote:
Originally Posted by danap
the rate is 132j today , i would love to get that rate, there for 8 weeks would save me a bunch of money , i wouldnt have to be so cheap[lol]
hay ukran1ans,, hope to bump into you this feb , and get to the bottom of this [ lol ] love to get that higher rate, not much for online acc. and stuff like that, i am to old school i guess, 4 more sleeps one love,,,,,,,
As I said, open an Ally Checking account online. Or call your bank and see what they charge with your debit card in jamaica...Quote:
Originally Posted by danap
Well I'll be on the beach at White Sands starting on the 8th, probably hit Seastar for their Saturday night show on the 8th and probably at Drifters on Sunday the 9th for their afternoon show... So maybe I'll see ya around!Quote:
Originally Posted by danap
thanks man , dont like online acc. and never had a debit card, gettin a bad rate is my own fault, will have to look into it this summer when i have more time,, thanks again
ukran1ans - So I know there are other threads on if it is worth exchanging USD to JA .. do you use JA only or a mixture of JA and USD ?Quote:
Originally Posted by ukran1ans
Primarily I use Jamaican $ (the only time I use US there, is to pay my driving service from the airport and if I run out of Jamaican if I can't get to a bank in time to reload). I just got tired of being short changed with alot of my transactions when using US $ (I figured that over a typical 10 day trip that could be a couple of hundred US dollars, which is alot of Red Stripes!!! :excitement:)Quote:
Originally Posted by jamman
Thanks great to know .. I need to look into doing that also !Quote:
Originally Posted by ukran1ans
I went to the new NCB bank ATM drivethru in the new complex in Negril and pulled out 30,000 J..my net on my card was 129.5 to one..that was last week
These days (trying to act like a Jamaican in every way) I just carry around just a few small Jamaican bills in a pocket. And one card just in case. Most stores take credit cards so there's no need to carry lots of cash. I used to walk around with a fat wallet stuffed with US and Jamaican cash as well as cards. Bad idea - it's like pinning a "rob me" sign on your pants. After getting robbed in Kingston I decided to stop acting like a dumb tourist and start acting like a smart Jamaican...
I usually start each day with just $10K-$15K JMD walking around money with a credit card (only for emergencies). The wallet (with most of my cash) stays in a nice safety deposit box. Most of the lil places I like to hit, don't take credit cards (not at least til dinner)...Quote:
Originally Posted by rtitle
I always do it when I get there at Western Union or one of the Cambios in Negril. Banks in Canada gouge you for any currency exchange.