In a retrospective review, Richie Unterberger of AllMusic wrote that Exuma II "is perhaps a little less strange and a little more sedate" than Exuma's prior album, the self-titled Exuma (also released in 1970), "but only a little." Unterberger concluded, "While it might not be quite as striking as [Exuma's] previous album, certainly anyone who likes that debut will like [Exuma II] as well (and vice versa)". Mike Jahn of The Baltimore Sun referred to the track "Damn Fool" as "outstanding".