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base info The Graph

The Graph to Jamaican Dollar Converter and calculator

Convert 1The Graph (GRT) to Jamaican Dollar (JMD) equals $ 36.63 | Bitget

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.

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

GRT to JMD conversion rate trend

1D7D1M3M1YAll
In the past 1D, The Graph has changed -11.43% to JMD. Based on the trend and price charts, The Graph(GRT) has changed -11.43% to JMD while Jamaican Dollar(JMD) has changed % to GRT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$36.95
0.0001% / 0.0004%vip-iconVIP
Binance
$36.92
0.1000% / 0.1000%
Yes
OKX
$36.91
0.080% / 0.100%
Yes
Huobi
$36.94
0.1000% / 0.1000%
Yes
Gate.io
$37.67
0.1000% / 0.1000%
Yes
Bybit
$36.91
0.1000% / 0.1000%
Yes
KuCoin
$36.93
0.1000% / 0.1000%
Yes
Bitfinex
$36.9
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 14:00:51(UTC+0)

What factors influence the conversion rate of The Graph to Jamaican Dollar?

The Graph to Jamaican Dollar is falling this week.
The Graph's current market price is $ 36.63 per GRT, with a total market cap of $ 346,399,208,550.46 JMD based on a circulating supply of 9,457,122,000 GRT. The trading volume of The Graph has changed by +17.67% ($ 5,609,787,999.27 JMD) in the last 24 hours. Last trading day, GRT's trading volume was $ 31,755,614,045.84.
Market cap
$2.24B
24h volume
$241.66M
Circulating supply
9.46B GRT

Conversion tables

The exchange rate of The Graph is decreasing.
1 GRT is currently valued at $ 36.63 JMD , which means buying 5 GRT will cost $ 183.14 JMD . Similarly, $1 JMD can be traded for 0.02730 GRT, and $50 JMD can be converted to 1.37 GRT, excluding any platform or gas fees.
The exchange rate of 1 GRT to Jamaican Dollar has changed by -30.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -11.43%, reaching a high of 41.9 JMD and a low of 31.48 JMD . One month ago, the value of 1 GRT was $ 61.47 JMD , which represents a -40.43% change from its current value. Over the last year, The Graph has changed by
+$
10.48JMD
, resulting in a change of +40.12% in its value.

GRT to JMD

Amount
14:19 today
0.5 GRT
$18.31
1 GRT
$36.63
5 GRT
$183.14
10 GRT
$366.28
50 GRT
$1,831.42
100 GRT
$3,662.84
500 GRT
$18,314.2
1000 GRT
$36,628.39

JMD to GRT

Amount14:19 today
0.5JMD0.01365  GRT
1JMD0.02730  GRT
5JMD0.1365  GRT
10JMD0.2730  GRT
50JMD1.37  GRT
100JMD2.73  GRT
500JMD13.65  GRT
1000JMD27.3  GRT
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Today vs. 24 hours ago

Amount14:19 today24 hours ago24h change
0.5 GRT$0.1184$0.1337
-11.43%
1 GRT$0.2369$0.2675
-11.43%
5 GRT$1.18$1.34
-11.43%
10 GRT$2.37$2.67
-11.43%
50 GRT$11.84$13.37
-11.43%
100 GRT$23.69$26.75
-11.43%
500 GRT$118.45$133.73
-11.43%
1000 GRT$236.89$267.45
-11.43%

Today vs. 1 month ago

Amount14:19 today1 month ago1M change
0.5 GRT$0.1184$0.1988
-40.43%
1 GRT$0.2369$0.3976
-40.43%
5 GRT$1.18$1.99
-40.43%
10 GRT$2.37$3.98
-40.43%
50 GRT$11.84$19.88
-40.43%
100 GRT$23.69$39.76
-40.43%
500 GRT$118.45$198.79
-40.43%
1000 GRT$236.89$397.58
-40.43%

Today vs. 1 year ago

Amount14:19 today1 year ago1Y change
0.5 GRT$0.1184$0.08455
+40.12%
1 GRT$0.2369$0.1691
+40.12%
5 GRT$1.18$0.8455
+40.12%
10 GRT$2.37$1.69
+40.12%
50 GRT$11.84$8.45
+40.12%
100 GRT$23.69$16.91
+40.12%
500 GRT$118.45$84.55
+40.12%
1000 GRT$236.89$169.09
+40.12%

FAQ

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