BABYFWOG to JMD Converter and calculator


Conversion rates
Convert BABYFWOG to JMD
Convert JMD to BABYFWOG
BABYFWOG to JMD chart
BABYFWOG to JMD conversion data: Volatility and price changes of Baby Fwog in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.03701 JMD | 0.03702 JMD | 0.05170 JMD | 0.09032 JMD |
Low | 0.03508 JMD | 0.03337 JMD | 0.03324 JMD | 0.01957 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | +0.58% | +7.21% | -26.33% | -0.80% |
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Baby Fwog information
BABYFWOG to JMD market statistics
Current BABYFWOG to JMD exchange rate
Baby Fwog to Jamaican Dollar is rising this week.More info about Baby Fwog on Bitget
Jamaican Dollar information
About Jamaican Dollar (JMD)
The Jamaican Dollar (JMD), introduced in 1969, is not just the currency of Jamaica; it symbolizes the nation's post-independence economic journey and cultural identity. It is commonly abbreviated as JMD and represented by the symbol $.
Historical Background
The Jamaican Dollar was introduced on January 30, 1969, replacing the Jamaican Pound, as Jamaica moved towards decimalization following its independence from Britain in 1962. This shift was a crucial step in asserting Jamaica's economic sovereignty and a departure from its colonial past.
Design and Symbolism
The design of the Jamaican Dollar is a celebration of the nation's rich history and cultural diversity. Banknotes and coins are adorned with portraits of national heroes, such as Marcus Garvey and Nanny of the Maroons, and depict iconic landmarks and scenes representing Jamaica’s natural beauty, such as Dunn's River Falls. These designs serve as a daily reminder of Jamaica’s proud heritage and natural wonders.
Economic Role
The Jamaican Dollar is central to the island's economy, characterized by its tourism sector, bauxite/alumina exports, and agriculture. As the primary medium of exchange, the Jamaican Dollar facilitates trade and commerce, playing a critical role in the economic activities of the nation.
Monetary Policy and Inflation
Managed by the Bank of Jamaica, the Jamaican Dollar has faced challenges such as inflation and devaluation. The central bank's monetary policies aim to stabilize the currency, control inflation, and foster sustainable economic growth. These measures are crucial for maintaining the confidence of both domestic and international investors.
International Trade and the Jamaican Dollar
The Jamaican Dollar's exchange rate plays a significant role in international trade, particularly for Jamaica's key exports and the tourism industry. A stable and competitive exchange rate is essential for maintaining the attractiveness of Jamaican exports and the tourism sector.
Remittances and Economic Impact
Remittances from Jamaicans living abroad, particularly in the United States, United Kingdom, and Canada, are a significant source of foreign income. These funds, converted into Jamaican Dollars, support many families and contribute to the national economy.
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BABYFWOG to JMD Conversion tables
Amount | 08:00 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BABYFWOG | $0.01765 | $0.01754 | +0.58% |
1 BABYFWOG | $0.03530 | $0.03509 | +0.58% |
5 BABYFWOG | $0.1765 | $0.1754 | +0.58% |
10 BABYFWOG | $0.3530 | $0.3509 | +0.58% |
50 BABYFWOG | $1.76 | $1.75 | +0.58% |
100 BABYFWOG | $3.53 | $3.51 | +0.58% |
500 BABYFWOG | $17.65 | $17.54 | +0.58% |
1000 BABYFWOG | $35.3 | $35.09 | +0.58% |
BABYFWOG to JMD FAQ
What factors influence the conversion rate of BABYFWOG to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Baby Fwog in the US is $0.0002205 USD. Additionally, Baby Fwog’s price is €0.0001889 EUR in the eurozone, £0.0001627 GBP in the UK, C$0.0003042 CAD in Canada, ₹0.01931 INR in India, ₨0.06245 PKR in Pakistan, R$0.001193 BRL in Brazil, and more.
The most popular Baby Fwog currency pair is the BABYFWOG to Jamaican Dollar(JMD). The price of 1 Baby Fwog (BABYFWOG) in Jamaican Dollar (JMD) is $0.03530.
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