MOOLA to JMD Converter and calculator


Conversion rates
Convert MOOLA to JMD
Convert JMD to MOOLA
MOOLA to JMD chart
MOOLA to JMD conversion data: Volatility and price changes of Degen Forest in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.3513 JMD | 0.4590 JMD | 0.7396 JMD | 2.25 JMD |
Low | 0.3491 JMD | 0.3165 JMD | 0.3165 JMD | 0.2205 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | +0.63% | -20.84% | -55.64% | +24.53% |
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Degen Forest information
MOOLA to JMD market statistics
Current MOOLA to JMD exchange rate
Degen Forest to Jamaican Dollar is falling this week.More info about Degen Forest 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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MOOLA to JMD Conversion tables
Amount | 16:59 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MOOLA | $0.1756 | $0.1745 | +0.63% |
1 MOOLA | $0.3513 | $0.3491 | +0.63% |
5 MOOLA | $1.76 | $1.75 | +0.63% |
10 MOOLA | $3.51 | $3.49 | +0.63% |
50 MOOLA | $17.56 | $17.45 | +0.63% |
100 MOOLA | $35.13 | $34.91 | +0.63% |
500 MOOLA | $175.63 | $174.54 | +0.63% |
1000 MOOLA | $351.27 | $349.08 | +0.63% |
MOOLA to JMD FAQ
What factors influence the conversion rate of MOOLA to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Degen Forest in the US is $0.002196 USD. Additionally, Degen Forest’s price is €0.001876 EUR in the eurozone, £0.001619 GBP in the UK, C$0.003032 CAD in Canada, ₹0.1922 INR in India, ₨0.6228 PKR in Pakistan, R$0.01185 BRL in Brazil, and more.
The most popular Degen Forest currency pair is the MOOLA to Jamaican Dollar(JMD). The price of 1 Degen Forest (MOOLA) in Jamaican Dollar (JMD) is $0.3513.
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