NBS
JMD
Last updated 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 New BitShares(NBS) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 NBS at a value of 1 NBS for 0.01 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 New BitShares currency pair is the NBS to JMD, with for New BitShares's currency code being NBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
NBS to JMD conversion rate trend
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In the past 1D, New BitShares has changed +1.08% to JMD. Based on the trend and price charts, New BitShares(NBS) has changed +1.08% to JMD while Jamaican Dollar(JMD) has changed % to NBS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.01080 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | $0.009599 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.01121 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/09 08:00:13(UTC+0)
How to buy New BitShares
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Buy New BitShares (NBS)
Use a variety of payment options to buy New BitShares on Bitget. We'll show you how.
Buy NBS (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of NBS with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy NBS with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell NBS (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of NBS to JMD. However, you can first exchange NBS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of New BitShares to Jamaican Dollar?
New BitShares to Jamaican Dollar is rising this week.New BitShares's current market price is $ 0.01081 per NBS, with a total market cap of $ 28,193,875.41 JMD based on a circulating supply of 2,607,670,500 NBS. The trading volume of New BitShares has changed by +3.27% ($ 26,864.37 JMD) in the last 24 hours. Last trading day, NBS's trading volume was $ 822,068.2.
Market cap
$179.17K
24h volume
$5.39K
Circulating supply
2.61B NBS
Conversion tables
The exchange rate of New BitShares is increasing.1 NBS is currently valued at $ 0.01081 JMD , which means buying 5 NBS will cost $ 0.05406 JMD . Similarly, $1 JMD can be traded for 92.49 NBS, and $50 JMD can be converted to 4,624.53 NBS, excluding any platform or gas fees.
The exchange rate of 1 NBS to Jamaican Dollar has changed by +8.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.08%, reaching a high of 0.01085 JMD and a low of 0.01065 JMD . One month ago, the value of 1 NBS was $ 0.009259 JMD , which represents a +16.76% change from its current value. Over the last year, New BitShares has changed by , resulting in a change of -68.82% in its value.
-$
0.02389JMDNBS to JMD
Amount
11:00 am today
0.5 NBS
$0.005406
1 NBS
$0.01081
5 NBS
$0.05406
10 NBS
$0.1081
50 NBS
$0.5406
100 NBS
$1.08
500 NBS
$5.41
1000 NBS
$10.81
JMD to NBS
Amount11:00 am today
0.5JMD46.25 NBS
1JMD92.49 NBS
5JMD462.45 NBS
10JMD924.91 NBS
50JMD4,624.53 NBS
100JMD9,249.07 NBS
500JMD46,245.34 NBS
1000JMD92,490.68 NBS
Today vs. 24 hours ago
| Amount | 11:00 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NBS | $0.{4}3435 | $0.{4}3399 | +1.08% |
| 1 NBS | $0.{4}6871 | $0.{4}6797 | +1.08% |
| 5 NBS | $0.0003435 | $0.0003399 | +1.08% |
| 10 NBS | $0.0006871 | $0.0006797 | +1.08% |
| 50 NBS | $0.003435 | $0.003399 | +1.08% |
| 100 NBS | $0.006871 | $0.006797 | +1.08% |
| 500 NBS | $0.03435 | $0.03399 | +1.08% |
| 1000 NBS | $0.06871 | $0.06797 | +1.08% |
Today vs. 1 month ago
| Amount | 11:00 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NBS | $0.{4}3435 | $0.{4}2942 | +16.76% |
| 1 NBS | $0.{4}6871 | $0.{4}5884 | +16.76% |
| 5 NBS | $0.0003435 | $0.0002942 | +16.76% |
| 10 NBS | $0.0006871 | $0.0005884 | +16.76% |
| 50 NBS | $0.003435 | $0.002942 | +16.76% |
| 100 NBS | $0.006871 | $0.005884 | +16.76% |
| 500 NBS | $0.03435 | $0.02942 | +16.76% |
| 1000 NBS | $0.06871 | $0.05884 | +16.76% |
Today vs. 1 year ago
| Amount | 11:00 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NBS | $0.{4}3435 | $0.0001103 | -68.82% |
| 1 NBS | $0.{4}6871 | $0.0002205 | -68.82% |
| 5 NBS | $0.0003435 | $0.001103 | -68.82% |
| 10 NBS | $0.0006871 | $0.002205 | -68.82% |
| 50 NBS | $0.003435 | $0.01103 | -68.82% |
| 100 NBS | $0.006871 | $0.02205 | -68.82% |
| 500 NBS | $0.03435 | $0.1103 | -68.82% |
| 1000 NBS | $0.06871 | $0.2205 | -68.82% |
New BitShares price prediction
What will the price of NBS be in 2025?
Based on NBS's historical price performance prediction model, the price of NBS is projected to reach $0.0001167 in 2025.
What will the price of NBS be in 2030?
In 2030, the NBS price is expected to change by -15.00%. By the end of 2030, the NBS price is projected to reach $0.0001673, with a cumulative ROI of +146.15%.
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Popular New BitShares conversions
Check out these popular currency conversions of New BitShares to several fiat currencies.
New BitShares to USD
1 NBS to $ 0.{4}6871 USD
New BitShares to GBP
1 NBS to £ 0.{4}5249 GBP
New BitShares to EUR
1 NBS to € 0.{4}6219 EUR
New BitShares to KRW
1 NBS to ₩ 0.09256 KRW
New BitShares to CAD
1 NBS to $ 0.{4}9323 CAD
New BitShares to AUD
1 NBS to $ 0.0001032 AUD
New BitShares to JPY
1 NBS to ¥ 0.009852 JPY
New BitShares to BRL
1 NBS to R$ 0.0003847 BRL
New BitShares to CNY
1 NBS to ¥ 0.0004884 CNY
New BitShares to TWD
1 NBS to NT$ 0.002207 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in New BitShares.
DOGS to JMD
1 DOGS to $ -- JMD
SwissCheese to JMD
1 SWCH to $ 75.04 JMD
Bitcoin to JMD
1 BTC to $ 8,709,783.6 JMD
Neiro Ethereum to JMD
1 NEIRO to $ 24.72 JMD
Simon's Cat to JMD
1 CAT to $ -- JMD
Toncoin to JMD
1 TON to $ 799.28 JMD
Sui to JMD
1 SUI to $ 144.98 JMD
Solana to JMD
1 SOL to $ 20,456.06 JMD
Ethereum to JMD
1 ETH to $ 364,987.43 JMD
To The Sun to JMD
1 SUNPUMP to $ -- 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 New BitShares 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 New BitShares 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 New BitShares 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.
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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.
