元宝 to JMD Converter and calculator


Conversion rates
Convert 元宝 to JMD
Convert JMD to 元宝
元宝 to JMD chart
元宝 to JMD conversion data: Volatility and price changes of BinanceSquare Mascot in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01606 JMD | -- JMD | -- JMD | -- JMD |
Low | 0.001913 JMD | -- JMD | -- JMD | -- JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | -0.12% | -- | -- | -- |
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BinanceSquare Mascot information
元宝 to JMD market statistics
Current 元宝 to JMD exchange rate
BinanceSquare Mascot to Jamaican Dollar is falling this week.More info about BinanceSquare Mascot 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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元宝 to JMD Conversion tables
Amount | 04:07 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 元宝 | $0.001085 | $-- | -0.12% |
1 元宝 | $0.002169 | $-- | -0.12% |
5 元宝 | $0.01085 | $-- | -0.12% |
10 元宝 | $0.02169 | $-- | -0.12% |
50 元宝 | $0.1085 | $-- | -0.12% |
100 元宝 | $0.2169 | $-- | -0.12% |
500 元宝 | $1.08 | $-- | -0.12% |
1000 元宝 | $2.17 | $-- | -0.12% |
元宝 to JMD FAQ
What factors influence the conversion rate of 元宝 to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of BinanceSquare Mascot in the US is $0.{4}1347 USD. Additionally, BinanceSquare Mascot’s price is €0.{4}1164 EUR in the eurozone, £0.{4}1012 GBP in the UK, C$0.{4}1888 CAD in Canada, ₹0.001196 INR in India, ₨0.003817 PKR in Pakistan, R$0.{4}7245 BRL in Brazil, and more.
The most popular BinanceSquare Mascot currency pair is the 元宝 to Jamaican Dollar(JMD). The price of 1 BinanceSquare Mascot (元宝) in Jamaican Dollar (JMD) is $0.002169.
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