RDN
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 Raiden Network Token(RDN) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 RDN at a value of 1 RDN for 0.89 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 Raiden Network Token currency pair is the RDN to JMD, with for Raiden Network Token's currency code being RDN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
RDN to JMD conversion rate trend
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In the past 1D, Raiden Network Token has changed -3.36% to JMD. Based on the trend and price charts, Raiden Network Token(RDN) has changed -3.36% to JMD while Jamaican Dollar(JMD) has changed % to RDN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.8910 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.8739 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/15 00:00:18(UTC+0)
How to buy Raiden Network Token
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Buy Raiden Network Token (RDN)
Use a variety of payment options to buy Raiden Network Token on Bitget. We'll show you how.
Buy RDN (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of RDN with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy RDN 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 RDN (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of RDN to JMD. However, you can first exchange RDN 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 Raiden Network Token to Jamaican Dollar?
Raiden Network Token to Jamaican Dollar is rising this week.Raiden Network Token's current market price is $ 0.8874 per RDN, with a total market cap of $ 0 JMD based on a circulating supply of -- RDN. The trading volume of Raiden Network Token has changed by -91.02% ($ -715,529.28 JMD) in the last 24 hours. Last trading day, RDN's trading volume was $ 786,155.09.
Market cap
$0
24h volume
$446.18665814
Circulating supply
0 RDN
Conversion tables
The exchange rate of Raiden Network Token is increasing.1 RDN is currently valued at $ 0.8874 JMD , which means buying 5 RDN will cost $ 4.44 JMD . Similarly, $1 JMD can be traded for 1.13 RDN, and $50 JMD can be converted to 56.34 RDN, excluding any platform or gas fees.
The exchange rate of 1 RDN to Jamaican Dollar has changed by +27.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.36%, reaching a high of 0.9449 JMD and a low of 0.8747 JMD . One month ago, the value of 1 RDN was $ 0.6293 JMD , which represents a +41.02% change from its current value. Over the last year, Raiden Network Token has changed by , resulting in a change of -38.37% in its value.
-$
0.5525JMDRDN to JMD
Amount
07:26 am today
0.5 RDN
$0.4437
1 RDN
$0.8874
5 RDN
$4.44
10 RDN
$8.87
50 RDN
$44.37
100 RDN
$88.74
500 RDN
$443.71
1000 RDN
$887.42
JMD to RDN
Amount07:26 am today
0.5JMD0.5634 RDN
1JMD1.13 RDN
5JMD5.63 RDN
10JMD11.27 RDN
50JMD56.34 RDN
100JMD112.69 RDN
500JMD563.43 RDN
1000JMD1,126.86 RDN
Today vs. 24 hours ago
| Amount | 07:26 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RDN | $0.002803 | $0.002901 | -3.36% |
| 1 RDN | $0.005606 | $0.005801 | -3.36% |
| 5 RDN | $0.02803 | $0.02901 | -3.36% |
| 10 RDN | $0.05606 | $0.05801 | -3.36% |
| 50 RDN | $0.2803 | $0.2901 | -3.36% |
| 100 RDN | $0.5606 | $0.5801 | -3.36% |
| 500 RDN | $2.8 | $2.9 | -3.36% |
| 1000 RDN | $5.61 | $5.8 | -3.36% |
Today vs. 1 month ago
| Amount | 07:26 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RDN | $0.002803 | $0.001988 | +41.02% |
| 1 RDN | $0.005606 | $0.003976 | +41.02% |
| 5 RDN | $0.02803 | $0.01988 | +41.02% |
| 10 RDN | $0.05606 | $0.03976 | +41.02% |
| 50 RDN | $0.2803 | $0.1988 | +41.02% |
| 100 RDN | $0.5606 | $0.3976 | +41.02% |
| 500 RDN | $2.8 | $1.99 | +41.02% |
| 1000 RDN | $5.61 | $3.98 | +41.02% |
Today vs. 1 year ago
| Amount | 07:26 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RDN | $0.002803 | $0.004549 | -38.37% |
| 1 RDN | $0.005606 | $0.009097 | -38.37% |
| 5 RDN | $0.02803 | $0.04549 | -38.37% |
| 10 RDN | $0.05606 | $0.09097 | -38.37% |
| 50 RDN | $0.2803 | $0.4549 | -38.37% |
| 100 RDN | $0.5606 | $0.9097 | -38.37% |
| 500 RDN | $2.8 | $4.55 | -38.37% |
| 1000 RDN | $5.61 | $9.1 | -38.37% |
Raiden Network Token price prediction
What will the price of RDN be in 2025?
Based on RDN's historical price performance prediction model, the price of RDN is projected to reach $0.008174 in 2025.
What will the price of RDN be in 2030?
In 2030, the RDN price is expected to change by -2.00%. By the end of 2030, the RDN price is projected to reach $0.01044, with a cumulative ROI of +85.56%.
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Popular Raiden Network Token conversions
Check out these popular currency conversions of Raiden Network Token to several fiat currencies.
Raiden Network Token to USD
1 RDN to $ 0.005606 USD
Raiden Network Token to GBP
1 RDN to £ 0.004420 GBP
Raiden Network Token to EUR
1 RDN to € 0.005311 EUR
Raiden Network Token to KRW
1 RDN to ₩ 7.83 KRW
Raiden Network Token to CAD
1 RDN to $ 0.007879 CAD
Raiden Network Token to AUD
1 RDN to $ 0.008671 AUD
Raiden Network Token to JPY
1 RDN to ¥ 0.8752 JPY
Raiden Network Token to BRL
1 RDN to R$ 0.03247 BRL
Raiden Network Token to CNY
1 RDN to ¥ 0.04059 CNY
Raiden Network Token to TWD
1 RDN to NT$ 0.1821 TWD
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Explore other cryptocurrencies based on your interest in Raiden Network Token.
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1 SAI to $ -- JMD
Dogelon Mars to JMD
1 ELON to $ 0.{4}3405 JMD
Bitcoin to JMD
1 BTC to $ 13,979,455.1 JMD
XRP to JMD
1 XRP to $ 126.59 JMD
Act I : The AI Prophecy to JMD
1 ACT to $ 115.46 JMD
Solana to JMD
1 SOL to $ 33,315.96 JMD
Sui to JMD
1 SUI to $ 518.12 JMD
Merlin Chain to JMD
1 MERL to $ 44.97 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 Raiden Network Token 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 Raiden Network Token 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 Raiden Network Token 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.
