CHAR to JMD Converter and calculator


Conversion rates
Convert CHAR to JMD
Convert JMD to CHAR
CHAR to JMD chart
CHAR to JMD conversion data: Volatility and price changes of CharCoin in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2268 JMD | 0.2674 JMD | 0.2827 JMD | 0.2827 JMD |
Low | 0.2200 JMD | 0.2040 JMD | 0.1815 JMD | 0.1815 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | +1.40% | -14.26% | +22.61% | +22.37% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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CharCoin information
CHAR to JMD market statistics
Current CHAR to JMD exchange rate
CharCoin to Jamaican Dollar is falling this week.More info about CharCoin 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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CHAR to JMD Conversion tables
Amount | 13:49 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CHAR | $0.1131 | $0.1115 | +1.40% |
1 CHAR | $0.2261 | $0.2230 | +1.40% |
5 CHAR | $1.13 | $1.12 | +1.40% |
10 CHAR | $2.26 | $2.23 | +1.40% |
50 CHAR | $11.31 | $11.15 | +1.40% |
100 CHAR | $22.61 | $22.3 | +1.40% |
500 CHAR | $113.06 | $111.51 | +1.40% |
1000 CHAR | $226.13 | $223.01 | +1.40% |
CHAR to JMD FAQ
What factors influence the conversion rate of CHAR to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of CharCoin in the US is $0.001414 USD. Additionally, CharCoin’s price is €0.001210 EUR in the eurozone, £0.001043 GBP in the UK, C$0.001950 CAD in Canada, ₹0.1236 INR in India, ₨0.4009 PKR in Pakistan, R$0.007624 BRL in Brazil, and more.
The most popular CharCoin currency pair is the CHAR to Jamaican Dollar(JMD). The price of 1 CharCoin (CHAR) in Jamaican Dollar (JMD) is $0.2261.
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