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BID to JMD Converter and calculator

BID/JMD: 1 BID = 0.07145 JMD. The price of converting 1 Bidao (BID) to Jamaican Dollar (JMD) is 0.07145 JMD today.
BID
BID
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BID to JMD real-time exchange rates, making it easy to convert Bidao (BID) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 BID is currently valued at 0.07145 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BID is currently valued at 0.07145 JMD, which means buying 5 BID would cost 0.3572 JMD. Similarly, $1 JMD can be converted to 14 BID, and $50 JMD can be converted to 69.98 BID, excluding any platform or gas fees.

Convert BID to JMD

Convert JMD to BID

Bidao
Jamaican Dollar
10000 BID
714.45  JMD
In the table above, you'll find a comprehensive BID to JMD converter that shows the value of Bidao in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 BID to JMD, all the way up to 10000 BID, providing a clear view of their respective values.
Jamaican Dollar
Bidao
10000 JMD
139,967.01 BID
50000 JMD
699,835.06 BID
100000 JMD
1,399,670.12 BID
In the table above, you'll find a comprehensive JMD to BID converter that shows the value of Jamaican Dollar in Bidao across commonly used conversion amounts. The list covers conversions from 1 JMD to BID, all the way up to 100000 JMD, providing a clear view of their respective values.

BID to JMD chart

BID/JMD: 1 BID = 0.07145 JMD; 2025/06/14 08:42:16
In the past 1D, Bidao has changed +10.90% to JMD. Based on the trend and price charts, Bidao(BID) has changed +10.90% to JMD while Jamaican Dollar(JMD) has changed % to BID in the last 24 hours.
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BID to JMD conversion data: Volatility and price changes of Bidao in JMD

The highest Bidao price in JMD over the past 7 days was 0.07145 JMD while the lowest Bidao price in JMD over the past 7 days was 0.06400 JMD. The relative change between the highs and lows in Bidao price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and BID to JMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.07145 JMD
0.07145 JMD
0.07824 JMD
0.07955 JMD
Low
0.06442 JMD
0.06400 JMD
0.06208 JMD
0.04518 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+10.90%
+12.15%
-6.56%
+28.78%

Bidao information

BID to JMD market statistics

BID/JMD:
$0.07145
BID 24h volume:
--
BID market cap:
--
BID circulating supply:
0 BID

Current BID to JMD exchange rate

Bidao to Jamaican Dollar is rising this week.
Bidao's current market price is $0.07145 per BID, with a total market cap of $0 JMD based on a circulating supply of -- BID. The trading volume of Bidao has changed by 0.00% ($0 JMD) in the last 24 hours. Last trading day, BID's trading volume was $0.

More info about Bidao 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.

Bitget crypto-to-fiat exchange data shows that the most popular Bidao currency pair is the BID to JMD, with for Bidao's currency code being BID. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert BID to JMD

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BID to JMD Conversion tables

The exchange rate of Bidao is decreasing.
The exchange rate of 1 BID to Jamaican Dollar has changed by +12.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.90%, reaching a high of 0.07145 JMD and a low of 0.06442 JMD . One month ago, the value of 1 BID was $0.07646 JMD , which represents a -6.56% change from its current value. Over the last year, Bidao has changed by
-$
0.2479JMD
, resulting in a change of -77.62% in its value.
24 hours ago1 month ago1 year ago
Amount 08:42 am today 24 hours ago 24h change
0.5 BID
$0.03572$0.03221
+10.90%
1 BID
$0.07145$0.06442
+10.90%
5 BID
$0.3572$0.3221
+10.90%
10 BID
$0.7145$0.6442
+10.90%
50 BID
$3.57$3.22
+10.90%
100 BID
$7.14$6.44
+10.90%
500 BID
$35.72$32.21
+10.90%
1000 BID
$71.45$64.42
+10.90%

BID to JMD FAQ

How much is 1 Bidao in JMD?
Right now, the price of 1 Bidao (BID) in Jamaican Dollar (JMD) is $0.07145.
How much BID can I buy for 1 JMD?
Based on the current exchange rate, you can get 14 BID for 1 JMD.
How do I calculate or convert BID to JMD?
You can use our BID to JMD calculator at the top of this page to convert any amount of BID to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 69.98 BID, while 5 BID will cost around 0.3572JMD.
What is the highest price of BID/JMD in history?
The all-time high price of 1 BID in JMD is $7.73. It remains to be seen if the value of 1 BID/JMD will exceed the current all-time high.
What is the price trend of Bidao in JMD?
Over the past 7 days, the exchange rate of Bidao (BID) has gone up by 12.15%.   Over the last month, the exchange rate of Bidao (BID) has gone down by 6.56% against Jamaican Dollar (JMD).

What factors influence the conversion rate of BID to JMD?

There are many factors that affect the relationship between Bidao and Jamaican Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BID/JMD. When there is positive news in the market about the widespread adoption of BID or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BID/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BID/JMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BID/JMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Bidao and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Bidao currency pairs: BID to US Dollar (USD), BID to Euro (EUR), BID to Pound Sterling (GBP), BID to Canadian Dollar (CAD), BID to Indian Rupee (INR), BID to Pakistani Rupee (PKR), BID to Brazilian Real (BRL), BID to…
The price of Bidao in the US is $0.0004459 USD. Additionally, Bidao’s price is €0.0003860 EUR in the eurozone, £0.0003287 GBP in the UK, C$0.0006059 CAD in Canada, ₹0.03840 INR in India, ₨0.1262 PKR in Pakistan, R$0.002474 BRL in Brazil, and more.
The most popular Bidao currency pair is the BID to Jamaican Dollar(JMD). The price of 1 Bidao (BID) in Jamaican Dollar (JMD) is $0.07145.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.