JANET to JMD Converter and calculator


Conversion rates
Convert JANET to JMD
Convert JMD to JANET
JANET to JMD chart
JANET to JMD conversion data: Volatility and price changes of Janet in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01936 JMD | 0.02626 JMD | 0.02626 JMD | 0.06839 JMD |
Low | 0.01773 JMD | 0.01593 JMD | 0.01445 JMD | 0.01160 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | -8.25% | +11.29% | +10.61% | +17.37% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Janet information
JANET to JMD market statistics
Current JANET to JMD exchange rate
Janet to Jamaican Dollar is rising this week.More info about Janet 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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JANET to JMD Conversion tables
Amount | 13:17 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 JANET | $0.008866 | $0.009663 | -8.25% |
1 JANET | $0.01773 | $0.01933 | -8.25% |
5 JANET | $0.08866 | $0.09663 | -8.25% |
10 JANET | $0.1773 | $0.1933 | -8.25% |
50 JANET | $0.8866 | $0.9663 | -8.25% |
100 JANET | $1.77 | $1.93 | -8.25% |
500 JANET | $8.87 | $9.66 | -8.25% |
1000 JANET | $17.73 | $19.33 | -8.25% |
JANET to JMD FAQ
What factors influence the conversion rate of JANET to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Janet in the US is $0.0001108 USD. Additionally, Janet’s price is €0.{4}9490 EUR in the eurozone, £0.{4}8169 GBP in the UK, C$0.0001528 CAD in Canada, ₹0.009706 INR in India, ₨0.03144 PKR in Pakistan, R$0.0005981 BRL in Brazil, and more.
The most popular Janet currency pair is the JANET to Jamaican Dollar(JMD). The price of 1 Janet (JANET) in Jamaican Dollar (JMD) is $0.01773.
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