GUMMY
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of GUMMY(GUMMY) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 GUMMY at a value of 1 GUMMY for 0.25 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.
Bitget crypto-to-fiat exchange data shows that the most popular GUMMY currency pair is the GUMMY to JMD, with for GUMMY's currency code being GUMMY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
GUMMY to JMD conversion rate trend
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In the past 1D, GUMMY has changed -1.25% to JMD. Based on the trend and price charts, GUMMY(GUMMY) has changed -1.25% to JMD while Jamaican Dollar(JMD) has changed % to GUMMY in the last 24 hours.
How to buy GUMMY
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Buy GUMMY (GUMMY)
Use a variety of payment options to buy GUMMY on Bitget. We'll show you how.
Buy GUMMY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of GUMMY with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy GUMMY with USDT via Bitget spot market.
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Sell GUMMY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of GUMMY to JMD. However, you can first exchange GUMMY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of GUMMY to Jamaican Dollar?
GUMMY to Jamaican Dollar is falling this week.GUMMY's current market price is $ 0.2455 per GUMMY, with a total market cap of $ 0 JMD based on a circulating supply of -- GUMMY. The trading volume of GUMMY has changed by +1.23% ($ 944,814.93 JMD) in the last 24 hours. Last trading day, GUMMY's trading volume was $ 76,552,821.83.
Market cap
$0
24h volume
$494.34K
Circulating supply
0 GUMMY
Conversion tables
The exchange rate of GUMMY is decreasing.1 GUMMY is currently valued at $ 0.2455 JMD , which means buying 5 GUMMY will cost $ 1.23 JMD . Similarly, $1 JMD can be traded for 4.07 GUMMY, and $50 JMD can be converted to 203.64 GUMMY, excluding any platform or gas fees.
The exchange rate of 1 GUMMY to Jamaican Dollar has changed by -7.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.25%, reaching a high of 0.2595 JMD and a low of 0.2453 JMD . One month ago, the value of 1 GUMMY was $ 0.4066 JMD , which represents a -39.61% change from its current value. Over the last year, GUMMY has changed by , resulting in a change of -98.65% in its value.
-$
17.94JMDGUMMY to JMD
Amount
19:30 today
0.5 GUMMY
$0.1228
1 GUMMY
$0.2455
5 GUMMY
$1.23
10 GUMMY
$2.46
50 GUMMY
$12.28
100 GUMMY
$24.55
500 GUMMY
$122.76
1000 GUMMY
$245.53
JMD to GUMMY
Amount19:30 today
0.5JMD2.04 GUMMY
1JMD4.07 GUMMY
5JMD20.36 GUMMY
10JMD40.73 GUMMY
50JMD203.64 GUMMY
100JMD407.29 GUMMY
500JMD2,036.45 GUMMY
1000JMD4,072.9 GUMMY
Today vs. 24 hours ago
| Amount | 19:30 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GUMMY | $0.0007831 | $0.0007930 | -1.25% |
| 1 GUMMY | $0.001566 | $0.001586 | -1.25% |
| 5 GUMMY | $0.007831 | $0.007930 | -1.25% |
| 10 GUMMY | $0.01566 | $0.01586 | -1.25% |
| 50 GUMMY | $0.07831 | $0.07930 | -1.25% |
| 100 GUMMY | $0.1566 | $0.1586 | -1.25% |
| 500 GUMMY | $0.7831 | $0.7930 | -1.25% |
| 1000 GUMMY | $1.57 | $1.59 | -1.25% |
Today vs. 1 month ago
| Amount | 19:30 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GUMMY | $0.0007831 | $0.001297 | -39.61% |
| 1 GUMMY | $0.001566 | $0.002593 | -39.61% |
| 5 GUMMY | $0.007831 | $0.01297 | -39.61% |
| 10 GUMMY | $0.01566 | $0.02593 | -39.61% |
| 50 GUMMY | $0.07831 | $0.1297 | -39.61% |
| 100 GUMMY | $0.1566 | $0.2593 | -39.61% |
| 500 GUMMY | $0.7831 | $1.3 | -39.61% |
| 1000 GUMMY | $1.57 | $2.59 | -39.61% |
Today vs. 1 year ago
| Amount | 19:30 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GUMMY | $0.0007831 | $0.05801 | -98.65% |
| 1 GUMMY | $0.001566 | $0.1160 | -98.65% |
| 5 GUMMY | $0.007831 | $0.5801 | -98.65% |
| 10 GUMMY | $0.01566 | $1.16 | -98.65% |
| 50 GUMMY | $0.07831 | $5.8 | -98.65% |
| 100 GUMMY | $0.1566 | $11.6 | -98.65% |
| 500 GUMMY | $0.7831 | $58.01 | -98.65% |
| 1000 GUMMY | $1.57 | $116.01 | -98.65% |
GUMMY price prediction
What will the price of GUMMY be in 2026?
Based on GUMMY's historical price performance prediction model, the price of GUMMY is projected to reach $0.001995 in 2026.
What will the price of GUMMY be in 2031?
In 2031, the GUMMY price is expected to change by -4.00%. By the end of 2031, the GUMMY price is projected to reach $0.004140, with a cumulative ROI of +155.88%.
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Popular GUMMY conversions
Check out these popular currency conversions of GUMMY to several fiat currencies.
GUMMY to TWD
1 GUMMY to NT$ 0.05151 TWD
GUMMY to CNY
1 GUMMY to ¥ 0.01135 CNY
GUMMY to JMD
1 GUMMY to $ 0.2455 JMD
GUMMY to USD
1 GUMMY to $ 0.001566 USD
GUMMY to AUD
1 GUMMY to $ 0.002468 AUD
GUMMY to EUR
1 GUMMY to € 0.001448 EUR
GUMMY to CAD
1 GUMMY to $ 0.002237 CAD
GUMMY to KRW
1 GUMMY to ₩ 2.27 KRW
GUMMY to JPY
1 GUMMY to ¥ 0.2317 JPY
GUMMY to GBP
1 GUMMY to £ 0.001215 GBP
GUMMY to BRL
1 GUMMY to R$ 0.009053 BRL
Popular cryptocurrencies to JMD
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1 MOVE to $ 74.19 JMD
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1 DOGE to $ 31.35 JMD
Cronos to JMD
1 CRO to $ 13.81 JMD
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1 LTC to $ 16,138.25 JMD
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1 ONDO to $ 176.18 JMD
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1 BNB to $ 92,837.67 JMD
Avalanche to JMD
1 AVAX to $ 3,293.3 JMD
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1 LINK to $ 2,627.34 JMD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between GUMMY and JMD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as GUMMY and JMD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of GUMMY in JMD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
