BPT to JMD Converter and calculator


Conversion rates
Convert BPT to JMD
Convert JMD to BPT
BPT to JMD chart
BPT to JMD conversion data: Volatility and price changes of Best Patent in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.05479 JMD | 0.06133 JMD | 0.06994 JMD | 0.2266 JMD |
Low | 0.04821 JMD | 0.04255 JMD | 0.04075 JMD | 0.04075 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | +1.17% | +8.49% | -23.95% | -74.03% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Best Patent information
BPT to JMD market statistics
Current BPT to JMD exchange rate
Best Patent to Jamaican Dollar is rising this week.More info about Best Patent 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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BPT to JMD Conversion tables
Amount | 01:59 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BPT | $0.02483 | $0.02455 | +1.17% |
1 BPT | $0.04967 | $0.04909 | +1.17% |
5 BPT | $0.2483 | $0.2455 | +1.17% |
10 BPT | $0.4967 | $0.4909 | +1.17% |
50 BPT | $2.48 | $2.45 | +1.17% |
100 BPT | $4.97 | $4.91 | +1.17% |
500 BPT | $24.83 | $24.55 | +1.17% |
1000 BPT | $49.67 | $49.09 | +1.17% |
BPT to JMD FAQ
What factors influence the conversion rate of BPT to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Best Patent in the US is $0.0003103 USD. Additionally, Best Patent’s price is €0.0002663 EUR in the eurozone, £0.0002293 GBP in the UK, C$0.0004286 CAD in Canada, ₹0.02721 INR in India, ₨0.08787 PKR in Pakistan, R$0.001679 BRL in Brazil, and more.
The most popular Best Patent currency pair is the BPT to Jamaican Dollar(JMD). The price of 1 Best Patent (BPT) in Jamaican Dollar (JMD) is $0.04967.
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