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IOTA to Jamaican Dollar Converter and calculator

Convert 1IOTA (IOTA) to Jamaican Dollar (JMD) equals $ 33.73 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of IOTA(IOTA) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 33.73 JMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

JMD 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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Bitget crypto-to-fiat exchange data shows that the most popular IOTA currency pair is the IOTA to JMD, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

IOTA to JMD conversion rate trend

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In the past 1D, IOTA has changed -1.97% to JMD. Based on the trend and price charts, IOTA(IOTA) has changed -1.97% to JMD while Jamaican Dollar(JMD) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$33.73
0.0001% / 0.0004%vip-iconVIP
Binance
$33.61
0.1000% / 0.1000%
Yes
OKX
$33.6
0.080% / 0.100%
Yes
Huobi
$37.45
0.1000% / 0.1000%
Yes
Gate.io
$33.61
0.1000% / 0.1000%
Yes
KuCoin
$33.63
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 02:00:19(UTC+0)

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What factors influence the conversion rate of IOTA to Jamaican Dollar?

IOTA to Jamaican Dollar is rising this week.
IOTA's current market price is $ 33.73 per IOTA, with a total market cap of $ 110,234,990,678.69 JMD based on a circulating supply of 3,267,780,900 IOTA. The trading volume of IOTA has changed by -24.73% ($ -461,192,879.39 JMD) in the last 24 hours. Last trading day, IOTA's trading volume was $ 1,864,972,904.05.
Market cap
$706.45M
24h volume
$9.00M
Circulating supply
3.27B IOTA

Conversion tables

The exchange rate of IOTA is increasing.
1 IOTA is currently valued at $ 33.73 JMD , which means buying 5 IOTA will cost $ 168.67 JMD . Similarly, $1 JMD can be traded for 0.02964 IOTA, and $50 JMD can be converted to 1.48 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Jamaican Dollar has changed by +2.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.97%, reaching a high of 34.54 JMD and a low of 33.59 JMD . One month ago, the value of 1 IOTA was $ 32.38 JMD , which represents a +4.17% change from its current value. Over the last year, IOTA has changed by
+$
5.33JMD
, resulting in a change of +18.78% in its value.

IOTA to JMD

Amount
02:27 am today
0.5 IOTA
$16.87
1 IOTA
$33.73
5 IOTA
$168.67
10 IOTA
$337.34
50 IOTA
$1,686.69
100 IOTA
$3,373.39
500 IOTA
$16,866.95
1000 IOTA
$33,733.9

JMD to IOTA

Amount02:27 am today
0.5JMD0.01482  IOTA
1JMD0.02964  IOTA
5JMD0.1482  IOTA
10JMD0.2964  IOTA
50JMD1.48  IOTA
100JMD2.96  IOTA
500JMD14.82  IOTA
1000JMD29.64  IOTA
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Today vs. 24 hours ago

Amount02:27 am today24 hours ago24h change
0.5 IOTA$0.1081$0.1103
-1.97%
1 IOTA$0.2162$0.2205
-1.97%
5 IOTA$1.08$1.1
-1.97%
10 IOTA$2.16$2.21
-1.97%
50 IOTA$10.81$11.03
-1.97%
100 IOTA$21.62$22.05
-1.97%
500 IOTA$108.09$110.27
-1.97%
1000 IOTA$216.19$220.53
-1.97%

Today vs. 1 month ago

Amount02:27 am today1 month ago1M change
0.5 IOTA$0.1081$0.1038
+4.17%
1 IOTA$0.2162$0.2075
+4.17%
5 IOTA$1.08$1.04
+4.17%
10 IOTA$2.16$2.08
+4.17%
50 IOTA$10.81$10.38
+4.17%
100 IOTA$21.62$20.75
+4.17%
500 IOTA$108.09$103.77
+4.17%
1000 IOTA$216.19$207.53
+4.17%
Buy IOTA for 1 JMD
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Today vs. 1 year ago

Amount02:27 am today1 year ago1Y change
0.5 IOTA$0.1081$0.09102
+18.78%
1 IOTA$0.2162$0.1820
+18.78%
5 IOTA$1.08$0.9102
+18.78%
10 IOTA$2.16$1.82
+18.78%
50 IOTA$10.81$9.1
+18.78%
100 IOTA$21.62$18.2
+18.78%
500 IOTA$108.09$91.02
+18.78%
1000 IOTA$216.19$182.03
+18.78%

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.2988 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by -10.00%. By the end of 2030, the IOTA price is projected to reach $0.6862, with a cumulative ROI of +217.40%.
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