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XRP to Jamaican Dollar Converter and calculator

Convert 1XRP (XRP) to Jamaican Dollar (JMD) equals $ 73.22 | 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.

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

XRP to JMD conversion rate trend

1D7D1M3M1YAll
In the past 1D, XRP has changed -4.81% to JMD. Based on the trend and price charts, XRP(XRP) has changed -4.81% to JMD while Jamaican Dollar(JMD) has changed % to XRP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$74.73
0.0001% / 0.0004%vip-iconVIP
Binance
$74.69
0.1000% / 0.1000%
Yes
Coinbase Exchange
$74.66
0.1000% / 0.1000%
Yes
Kraken
$74.68
0.1000% / 0.1000%
Yes
OKX
$74.69
0.080% / 0.100%
Yes
Huobi
$74.72
0.1000% / 0.1000%
Yes
Gate.io
$74.69
0.1000% / 0.1000%
Yes
Bybit
$74.71
0.1000% / 0.1000%
Yes
KuCoin
$74.71
0.1000% / 0.1000%
Yes
Bitfinex
$74.6
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 02:00:35(UTC+0)

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

XRP to Jamaican Dollar is falling this week.
XRP's current market price is $ 73.22 per XRP, with a total market cap of $ 4,036,751,874,234.24 JMD based on a circulating supply of 55,129,145,000 XRP. The trading volume of XRP has changed by -10.50% ($ -29,973,803,120.82 JMD) in the last 24 hours. Last trading day, XRP's trading volume was $ 285,467,510,365.06.
Market cap
$25.99B
24h volume
$1.64B
Circulating supply
55.13B XRP

Conversion tables

The exchange rate of XRP is decreasing.
1 XRP is currently valued at $ 73.22 JMD , which means buying 5 XRP will cost $ 366.12 JMD . Similarly, $1 JMD can be traded for 0.01366 XRP, and $50 JMD can be converted to 0.6828 XRP, excluding any platform or gas fees.
The exchange rate of 1 XRP to Jamaican Dollar has changed by -22.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.81%, reaching a high of 78.4 JMD and a low of 72.85 JMD . One month ago, the value of 1 XRP was $ 91.7 JMD , which represents a -20.14% change from its current value. Over the last year, XRP has changed by
-$
3.31JMD
, resulting in a change of -4.32% in its value.

XRP to JMD

Amount
02:49 am today
0.5 XRP
$36.61
1 XRP
$73.22
5 XRP
$366.12
10 XRP
$732.24
50 XRP
$3,661.18
100 XRP
$7,322.36
500 XRP
$36,611.78
1000 XRP
$73,223.55

JMD to XRP

Amount02:49 am today
0.5JMD0.006828  XRP
1JMD0.01366  XRP
5JMD0.06828  XRP
10JMD0.1366  XRP
50JMD0.6828  XRP
100JMD1.37  XRP
500JMD6.83  XRP
1000JMD13.66  XRP
share

Today vs. 24 hours ago

Amount02:49 am today24 hours ago24h change
0.5 XRP$0.2357$0.2476
-4.81%
1 XRP$0.4714$0.4952
-4.81%
5 XRP$2.36$2.48
-4.81%
10 XRP$4.71$4.95
-4.81%
50 XRP$23.57$24.76
-4.81%
100 XRP$47.14$49.52
-4.81%
500 XRP$235.72$247.62
-4.81%
1000 XRP$471.43$495.25
-4.81%

Today vs. 1 month ago

Amount02:49 am today1 month ago1M change
0.5 XRP$0.2357$0.2952
-20.14%
1 XRP$0.4714$0.5904
-20.14%
5 XRP$2.36$2.95
-20.14%
10 XRP$4.71$5.9
-20.14%
50 XRP$23.57$29.52
-20.14%
100 XRP$47.14$59.04
-20.14%
500 XRP$235.72$295.19
-20.14%
1000 XRP$471.43$590.38
-20.14%

Today vs. 1 year ago

Amount02:49 am today1 year ago1Y change
0.5 XRP$0.2357$0.2464
-4.32%
1 XRP$0.4714$0.4927
-4.32%
5 XRP$2.36$2.46
-4.32%
10 XRP$4.71$4.93
-4.32%
50 XRP$23.57$24.64
-4.32%
100 XRP$47.14$49.27
-4.32%
500 XRP$235.72$246.37
-4.32%
1000 XRP$471.43$492.73
-4.32%

FAQ

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