RITE
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 ritestream(RITE) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 RITE at a value of 1 RITE for 2.08 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 ritestream currency pair is the RITE to JMD, with for ritestream's currency code being RITE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
RITE to JMD conversion rate trend
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In the past 1D, ritestream has changed -1.44% to JMD. Based on the trend and price charts, ritestream(RITE) has changed -1.44% to JMD while Jamaican Dollar(JMD) has changed % to RITE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $2.08 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $2.08 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/31 16:00:14(UTC+0)
How to buy ritestream
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy ritestream (RITE)
Use a variety of payment options to buy ritestream on Bitget. We'll show you how.
Buy RITE (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of RITE with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy RITE 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 RITE (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of RITE to JMD. However, you can first exchange RITE 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 ritestream to Jamaican Dollar?
ritestream to Jamaican Dollar is rising this week.ritestream's current market price is $ 2.08 per RITE, with a total market cap of $ 607,237,829.46 JMD based on a circulating supply of 292,141,980 RITE. The trading volume of ritestream has changed by +3.88% ($ 1,581,867.79 JMD) in the last 24 hours. Last trading day, RITE's trading volume was $ 40,763,484.71.
Market cap
$3.89M
24h volume
$271.05K
Circulating supply
292.14M RITE
Conversion tables
The exchange rate of ritestream is decreasing.1 RITE is currently valued at $ 2.08 JMD , which means buying 5 RITE will cost $ 10.39 JMD . Similarly, $1 JMD can be traded for 0.4811 RITE, and $50 JMD can be converted to 24.05 RITE, excluding any platform or gas fees.
The exchange rate of 1 RITE to Jamaican Dollar has changed by +5.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.44%, reaching a high of 2.14 JMD and a low of 2.08 JMD . One month ago, the value of 1 RITE was $ 2.59 JMD , which represents a -19.88% change from its current value. Over the last year, ritestream has changed by , resulting in a change of +517.75% in its value.
+$
1.74JMDRITE to JMD
Amount
16:38 today
0.5 RITE
$1.04
1 RITE
$2.08
5 RITE
$10.39
10 RITE
$20.79
50 RITE
$103.93
100 RITE
$207.86
500 RITE
$1,039.29
1000 RITE
$2,078.57
JMD to RITE
Amount16:38 today
0.5JMD0.2405 RITE
1JMD0.4811 RITE
5JMD2.41 RITE
10JMD4.81 RITE
50JMD24.05 RITE
100JMD48.11 RITE
500JMD240.55 RITE
1000JMD481.1 RITE
Today vs. 24 hours ago
| Amount | 16:38 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RITE | $0.006652 | $0.006750 | -1.44% |
| 1 RITE | $0.01330 | $0.01350 | -1.44% |
| 5 RITE | $0.06652 | $0.06750 | -1.44% |
| 10 RITE | $0.1330 | $0.1350 | -1.44% |
| 50 RITE | $0.6652 | $0.6750 | -1.44% |
| 100 RITE | $1.33 | $1.35 | -1.44% |
| 500 RITE | $6.65 | $6.75 | -1.44% |
| 1000 RITE | $13.3 | $13.5 | -1.44% |
Today vs. 1 month ago
| Amount | 16:38 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RITE | $0.006652 | $0.008303 | -19.88% |
| 1 RITE | $0.01330 | $0.01661 | -19.88% |
| 5 RITE | $0.06652 | $0.08303 | -19.88% |
| 10 RITE | $0.1330 | $0.1661 | -19.88% |
| 50 RITE | $0.6652 | $0.8303 | -19.88% |
| 100 RITE | $1.33 | $1.66 | -19.88% |
| 500 RITE | $6.65 | $8.3 | -19.88% |
| 1000 RITE | $13.3 | $16.61 | -19.88% |
Today vs. 1 year ago
| Amount | 16:38 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RITE | $0.006652 | $0.001077 | +517.75% |
| 1 RITE | $0.01330 | $0.002153 | +517.75% |
| 5 RITE | $0.06652 | $0.01077 | +517.75% |
| 10 RITE | $0.1330 | $0.02153 | +517.75% |
| 50 RITE | $0.6652 | $0.1077 | +517.75% |
| 100 RITE | $1.33 | $0.2153 | +517.75% |
| 500 RITE | $6.65 | $1.08 | +517.75% |
| 1000 RITE | $13.3 | $2.15 | +517.75% |
ritestream price prediction
What will the price of RITE be in 2025?
Based on RITE's historical price performance prediction model, the price of RITE is projected to reach $0.02024 in 2025.
What will the price of RITE be in 2030?
In 2030, the RITE price is expected to change by +2.00%. By the end of 2030, the RITE price is projected to reach $0.04087, with a cumulative ROI of +190.11%.
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Popular ritestream conversions
Check out these popular currency conversions of ritestream to several fiat currencies.
ritestream to USD
1 RITE to $ 0.01330 USD
ritestream to GBP
1 RITE to £ 0.01062 GBP
ritestream to EUR
1 RITE to € 0.01285 EUR
ritestream to KRW
1 RITE to ₩ 19.66 KRW
ritestream to CAD
1 RITE to $ 0.01914 CAD
ritestream to AUD
1 RITE to $ 0.02150 AUD
ritestream to JPY
1 RITE to ¥ 2.09 JPY
ritestream to BRL
1 RITE to R$ 0.08230 BRL
ritestream to CNY
1 RITE to ¥ 0.09732 CNY
ritestream to TWD
1 RITE to NT$ 0.4355 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in ritestream.
Bitcoin to JMD
1 BTC to $ 14,807,642.82 JMD
Pepe to JMD
1 PEPE to $ 0.003314 JMD
Ethereum to JMD
1 ETH to $ 530,553.75 JMD
Solana to JMD
1 SOL to $ 30,966.94 JMD
Sui to JMD
1 SUI to $ 662.98 JMD
XRP to JMD
1 XRP to $ 330.28 JMD
Mines of Dalarnia to JMD
1 DAR to $ 27.42 JMD
Dogecoin to JMD
1 DOGE to $ 50.8 JMD
Drift to JMD
1 DRIFT to $ 219.35 JMD
dogwifhat to JMD
1 WIF to $ 299.69 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 ritestream 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 ritestream 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 ritestream 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.
