


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.
PALM to JMD conversion rate trend
PALM to JMD market statistics
More info about PalmPay on Bitget
Current PALM to JMD exchange rate
PalmPay to Jamaican Dollar is rising this week.PALM to JMD Conversion tables
The exchange rate of PalmPay is decreasing.PALM to JMD
JMD to PALM
PALM to JMD Today vs. 24 hours ago
Amount | 23:03 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PALM | $3.61 | $3.64 | -0.98% |
1 PALM | $7.21 | $7.28 | -0.98% |
5 PALM | $36.06 | $36.42 | -0.98% |
10 PALM | $72.11 | $72.84 | -0.98% |
50 PALM | $360.56 | $364.2 | -0.98% |
100 PALM | $721.13 | $728.39 | -0.98% |
500 PALM | $3,605.63 | $3,641.97 | -0.98% |
1000 PALM | $7,211.27 | $7,283.93 | -0.98% |
PALM to JMD Today vs. 1 month ago
Amount | 23:03 today | 1 month ago | 1M change |
---|---|---|---|
0.5 PALM | $3.61 | $4.79 | -24.34% |
1 PALM | $7.21 | $9.58 | -24.34% |
5 PALM | $36.06 | $47.89 | -24.34% |
10 PALM | $72.11 | $95.78 | -24.34% |
50 PALM | $360.56 | $478.91 | -24.34% |
100 PALM | $721.13 | $957.83 | -24.34% |
500 PALM | $3,605.63 | $4,789.14 | -24.34% |
1000 PALM | $7,211.27 | $9,578.28 | -24.34% |
PALM to JMD Today vs. 1 year ago
Amount | 23:03 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 PALM | $3.61 | $26.74 | -86.28% |
1 PALM | $7.21 | $53.49 | -86.28% |
5 PALM | $36.06 | $267.44 | -86.28% |
10 PALM | $72.11 | $534.88 | -86.28% |
50 PALM | $360.56 | $2,674.42 | -86.28% |
100 PALM | $721.13 | $5,348.83 | -86.28% |
500 PALM | $3,605.63 | $26,744.16 | -86.28% |
1000 PALM | $7,211.27 | $53,488.33 | -86.28% |
How to convert PALM to JMD



Buy PALM (or USDT) for JMD (Jamaican Dollar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
C Chauhdhry Traders 43 trades|Completion rate 98.00% | 200 PKR | Amount5.56 USDT Limit500 - 1112 PKR | ![]() | |
L Lucky Traders 3 trades|Completion rate 100.00% | 286 PKR | Amount5066 USDT Limit40000 - 400000 PKR | ![]() | |
B BGUSER-1NRVU5QS 9 trades|Completion rate 69.00% | 286.5 PKR | Amount1200 USDT Limit125000 - 343800 PKR | ![]() ![]() ![]() | |
E Elegant Traders 3 trades|Completion rate 100.00% | 286.88 PKR | Amount510.69 USDT Limit10000 - 20000 PKR | ![]() | |
T Trusted Traders $$$ 3 trades|Completion rate 100.00% | 286.96 PKR | Amount20003.42 USDT Limit50000 - 100000 PKR | ![]() ![]() ![]() ![]() ![]() |
Sell PALM (or USDT) for JMD (Jamaican Dollar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
C Chauhdhry Traders 43 trades|Completion rate 98.00% | 200 PKR | Amount5.56 USDT Limit500 - 1112 PKR | ![]() | |
L Lucky Traders 3 trades|Completion rate 100.00% | 286 PKR | Amount5066 USDT Limit40000 - 400000 PKR | ![]() | |
B BGUSER-1NRVU5QS 9 trades|Completion rate 69.00% | 286.5 PKR | Amount1200 USDT Limit125000 - 343800 PKR | ![]() ![]() ![]() | |
E Elegant Traders 3 trades|Completion rate 100.00% | 286.88 PKR | Amount510.69 USDT Limit10000 - 20000 PKR | ![]() | |
T Trusted Traders $$$ 3 trades|Completion rate 100.00% | 286.96 PKR | Amount20003.42 USDT Limit50000 - 100000 PKR | ![]() ![]() ![]() ![]() ![]() |
What factors influence the conversion rate of PALM to JMD?
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