Bitget converter provides RED to JMD real-time exchange rates, making it easy to convert RED (RED) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 RED is currently valued at 239,253.12 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RED is currently valued at 239,253.12 JMD, which means buying 5 RED would cost 1,196,265.59 JMD. Similarly, $1 JMD can be converted to 0.{5}4180 RED, and $50 JMD can be converted to 0.{4}2090 RED, excluding any platform or gas fees.
Conversion rates
Convert RED to JMD
Convert JMD to RED
RED
Jamaican Dollar
1 RED
239,253.12 JMD
Exchange 1 RED for 239,253.12 JMD
2 RED
478,506.23 JMD
Exchange 2 RED for 478,506.23 JMD
5 RED
1,196,265.59 JMD
Exchange 5 RED for 1,196,265.59 JMD
10 RED
2,392,531.17 JMD
Exchange 10 RED for 2,392,531.17 JMD
20 RED
4,785,062.34 JMD
Exchange 20 RED for 4,785,062.34 JMD
50 RED
11,962,655.85 JMD
Exchange 50 RED for 11,962,655.85 JMD
100 RED
23,925,311.7 JMD
Exchange 100 RED for 23,925,311.7 JMD
200 RED
47,850,623.4 JMD
Exchange 200 RED for 47,850,623.4 JMD
500 RED
119,626,558.5 JMD
Exchange 500 RED for 119,626,558.5 JMD
1000 RED
239,253,117 JMD
Exchange 1000 RED for 239,253,117 JMD
5000 RED
1,196,265,585.01 JMD
Exchange 5000 RED for 1,196,265,585.01 JMD
10000 RED
2,392,531,170.01 JMD
Exchange 10000 RED for 2,392,531,170.01 JMD
In the table above, you'll find a comprehensive RED to JMD converter that shows the value of RED in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 RED to JMD, all the way up to 10000 RED, providing a clear view of their respective values.
Jamaican Dollar
RED
1 JMD
0.{5}4180 RED
Exchange 1 JMD for 0.{5}4180 RED
10 JMD
0.{4}4180 RED
Exchange 10 JMD for 0.{4}4180 RED
50 JMD
0.0002090 RED
Exchange 50 JMD for 0.0002090 RED
100 JMD
0.0004180 RED
Exchange 100 JMD for 0.0004180 RED
200 JMD
0.0008359 RED
Exchange 200 JMD for 0.0008359 RED
500 JMD
0.002090 RED
Exchange 500 JMD for 0.002090 RED
1000 JMD
0.004180 RED
Exchange 1000 JMD for 0.004180 RED
2000 JMD
0.008359 RED
Exchange 2000 JMD for 0.008359 RED
5000 JMD
0.02090 RED
Exchange 5000 JMD for 0.02090 RED
10000 JMD
0.04180 RED
Exchange 10000 JMD for 0.04180 RED
50000 JMD
0.2090 RED
Exchange 50000 JMD for 0.2090 RED
100000 JMD
0.4180 RED
Exchange 100000 JMD for 0.4180 RED
In the table above, you'll find a comprehensive JMD to RED converter that shows the value of Jamaican Dollar in RED across commonly used conversion amounts. The list covers conversions from 1 JMD to RED, all the way up to 100000 JMD, providing a clear view of their respective values.
RED to JMD chart
RED/JMD: 1 RED = 239,253.12 JMD; 2025/08/14 21:31:39
In the past 1D, RED has changed +0.02% to JMD. Based on the trend and price charts, RED(RED) has changed +0.02% to JMD while Jamaican Dollar(JMD) has changed % to RED in the last 24 hours.
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RED to JMD conversion data: Volatility and price changes of RED in JMD
The highest RED price in JMD over the past 7 days was 240,015.67 JMD while the lowest RED price in JMD over the past 7 days was 235,323.55 JMD. The relative change between the highs and lows in RED price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and RED 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
240,015.67 JMD
240,015.67 JMD
240,069.75 JMD
240,174.33 JMD
Low
235,453.72 JMD
235,323.55 JMD
235,241.31 JMD
235,241.31 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+0.02%
+0.05%
+1.37%
+0.07%
Buy
Sell
Buy RED (or USDT) for JMD (Jamaican Dollar) offers
RED's current market price is $239,253.12 per RED, with a total market cap of $0 JMD based on a circulating supply of -- RED. The trading volume of RED has changed by -0.28% ($-11,859.26 JMD) in the last 24 hours. Last trading day, RED's trading volume was $4,177,266.56.
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 RED currency pair is the RED to JMD, with for RED's currency code being RED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
The exchange rate of 1 RED to Jamaican Dollar has changed by +0.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 240,015.67 JMD and a low of 235,453.72 JMD . One month ago, the value of 1 RED was $236,012.32 JMD , which represents a +1.37% change from its current value. Over the last year, RED has changed by
+$
79,383.33JMD
, resulting in a change of +1.36% in its value.
24 hours ago1 month ago1 year ago
Amount
21:31 today
24 hours ago
24h change
0.5 RED
$119,626.56
$119,597.55
+0.02%
1 RED
$239,253.12
$239,195.11
+0.02%
5 RED
$1,196,265.59
$1,195,975.54
+0.02%
10 RED
$2,392,531.17
$2,391,951.08
+0.02%
50 RED
$11,962,655.85
$11,959,755.41
+0.02%
100 RED
$23,925,311.7
$23,919,510.82
+0.02%
500 RED
$119,626,558.5
$119,597,554.11
+0.02%
1000 RED
$239,253,117
$239,195,108.21
+0.02%
RED to JMD FAQ
How much is 1 RED in JMD?
Right now, the price of 1 RED (RED) in Jamaican Dollar (JMD) is $239,253.12.
How much RED can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.{5}4180 RED for 1 JMD.
How do I calculate or convert RED to JMD?
You can use our RED to JMD calculator at the top of this page to convert any amount of RED to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.{4}2090 RED, while 5 RED will cost around 1,196,265.59JMD.
What is the highest price of RED/JMD in history?
The all-time high price of 1 RED in JMD is $240,174.33. It remains to be seen if the value of 1 RED/JMD will exceed the current all-time high.
What is the price trend of RED in JMD?
Over the past 7 days, the exchange rate of RED (RED) has gone up by 0.05%.
Over the last month, the exchange rate of RED (RED) has gone up by 1.37% against Jamaican Dollar (JMD).
What factors influence the conversion rate of RED to JMD?
There are many factors that affect the relationship between RED 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 RED/JMD. When there is positive news in the market about the widespread adoption of RED or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RED/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RED/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 RED/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 RED and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular RED currency pairs: RED to US Dollar (USD), RED to Euro (EUR), RED to Pound Sterling (GBP), RED to Canadian Dollar (CAD), RED to Indian Rupee (INR), RED to Pakistani Rupee (PKR), RED to Brazilian Real (BRL), RED to… The price of RED in the US is $1,494.69 USD. Additionally, RED’s price is €1,283.94 EUR in the eurozone, £1,104.58 GBP in the UK, C$2,064.92 CAD in Canada, ₹130,987.87 INR in India, ₨421,877.1 PKR in Pakistan, R$8,087.19 BRL in Brazil, and more. The most popular RED currency pair is the RED to Jamaican Dollar(JMD). The price of 1 RED (RED) in Jamaican Dollar (JMD) is $239,253.12.
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.