Compare Exchange Rates

Find the best rates across all financial institutions

🛒

Buy CAD

J$109.940

Best rate (lowest)

💰

Sell CAD

J$109.440

Best rate (highest)

📊

Spread

J$0.500

Gap between rates

🏛️

BOJ Rate

J$112.56

Official Oct 09

All Sources Comparison

Understanding the Spread

The spread is the difference between the buy and sell rate. It's how banks and cambios make money on foreign exchange.

A higher spread means you pay more when buying foreign currency, or get less when selling. It's a hidden cost that adds up, especially on larger amounts.

Spread Score Guide:

Low (<1%) - Good deal, low hidden cost

Medium (1-2%) - Average, typical spread

High (>2%) - Expensive, high hidden cost

Bank / Institution	You Buy CAD Pay this rate	You Sell CAD Get this rate	Spread Hidden cost	Score	Recommendation
Sc Scotiabank ★ Recommended	J$109.940 Lowest ✓	J$109.440 Highest ✓	J$0.500 (0.5%)	✓ Low Good deal - low hidden cost On $100 CAD, spread costs you ~J$50	🛒 Best to Buy Here
VM VMBuildingSociety	J$113.000	J$105.000	J$8.000 (7.1%)	! High Expensive - high hidden cost On $100 CAD, spread costs you ~J$800	-
FX FX_Trader	J$114.300	J$104.500	J$9.800 (8.6%)	! High Expensive - high hidden cost On $100 CAD, spread costs you ~J$980	-
Al AllianceFinancial	J$114.800	J$104.800	J$10.000 (8.7%)	! High Expensive - high hidden cost On $100 CAD, spread costs you ~J$1,000	-
Fi FirstGlobal	J$115.700	J$104.500	J$11.200 (9.7%)	! High Expensive - high hidden cost On $100 CAD, spread costs you ~J$1,120	-
JM JMMB	J$112.900	J$101.000	J$11.900 (10.5%)	! High Expensive - high hidden cost On $100 CAD, spread costs you ~J$1,190	-
CI CIBC	J$115.115	J$102.010	J$13.105 (11.4%)	! High Expensive - high hidden cost On $100 CAD, spread costs you ~J$1,311	-
JN JNBank	J$113.920	J$99.830	J$14.090 (12.4%)	! High Expensive - high hidden cost On $100 CAD, spread costs you ~J$1,409	-

✓ Best Spread (Lowest Hidden Cost)

Scotiabank

J$0.500 (0.5%)

📊 Widest Spread

JNBank

J$14.090 (12.4%)

💡 Understanding FX Rates & Spreads

When Exchanging Currency:

🛒 Buying CAD? Look for the lowest sell rate - you pay less JMD per $1 CAD
💰 Selling CAD? Look for the highest buy rate - you get more JMD per $1 CAD
⚠️ Check fees: Some institutions charge additional transaction fees on top of the rate

Understanding the Spread:

📊 What is spread? The difference between buy and sell rates - it's the institution's profit margin
✓ Low spread (<1%): Best value - the institution takes less profit from your exchange
! High spread (>2%): Hidden cost is higher - compare with other institutions first

💡 Pro Tip: Always compare spreads between institutions. A "good" exchange rate with a high spread might actually cost you more!

Compare Exchange Rates

All Sources Comparison

💡 Understanding FX Rates & Spreads

When Exchanging Currency:

Understanding the Spread:

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