SDR
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 SedraCoin(SDR) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 SDR at a value of 1 SDR for 0.02 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 SedraCoin currency pair is the SDR to JMD, with for SedraCoin's currency code being SDR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
SDR to JMD conversion rate trend
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In the past 1D, SedraCoin has changed -5.63% to JMD. Based on the trend and price charts, SedraCoin(SDR) has changed -5.63% to JMD while Jamaican Dollar(JMD) has changed % to SDR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.02029 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 00:32:40(UTC+0)
How to buy SedraCoin
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy SedraCoin (SDR)
Use a variety of payment options to buy SedraCoin on Bitget. We'll show you how.
Buy SDR (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of SDR with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy SDR 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 SDR (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of SDR to JMD. However, you can first exchange SDR 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 SedraCoin to Jamaican Dollar?
SedraCoin to Jamaican Dollar is falling this week.SedraCoin's current market price is $ 0.01997 per SDR, with a total market cap of $ 0 JMD based on a circulating supply of -- SDR. The trading volume of SedraCoin has changed by -5.75% ($ -690,732.57 JMD) in the last 24 hours. Last trading day, SDR's trading volume was $ 12,018,802.02.
Market cap
$0
24h volume
$71.00K
Circulating supply
0 SDR
Conversion tables
The exchange rate of SedraCoin is decreasing.1 SDR is currently valued at $ 0.01997 JMD , which means buying 5 SDR will cost $ 0.09983 JMD . Similarly, $1 JMD can be traded for 50.08 SDR, and $50 JMD can be converted to 2,504.18 SDR, excluding any platform or gas fees.
The exchange rate of 1 SDR to Jamaican Dollar has changed by -11.32% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.63%, reaching a high of 0.02142 JMD and a low of 0.01912 JMD . One month ago, the value of 1 SDR was $ 0.03204 JMD , which represents a -37.67% change from its current value. Over the last year, SedraCoin has changed by , resulting in a change of -87.57% in its value.
+$
0.01997JMDSDR to JMD
Amount
06:05 am today
0.5 SDR
$0.009983
1 SDR
$0.01997
5 SDR
$0.09983
10 SDR
$0.1997
50 SDR
$0.9983
100 SDR
$2
500 SDR
$9.98
1000 SDR
$19.97
JMD to SDR
Amount06:05 am today
0.5JMD25.04 SDR
1JMD50.08 SDR
5JMD250.42 SDR
10JMD500.84 SDR
50JMD2,504.18 SDR
100JMD5,008.37 SDR
500JMD25,041.84 SDR
1000JMD50,083.68 SDR
Today vs. 24 hours ago
| Amount | 06:05 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SDR | $0.{4}6257 | $0.{4}6630 | -5.63% |
| 1 SDR | $0.0001251 | $0.0001326 | -5.63% |
| 5 SDR | $0.0006257 | $0.0006630 | -5.63% |
| 10 SDR | $0.001251 | $0.001326 | -5.63% |
| 50 SDR | $0.006257 | $0.006630 | -5.63% |
| 100 SDR | $0.01251 | $0.01326 | -5.63% |
| 500 SDR | $0.06257 | $0.06630 | -5.63% |
| 1000 SDR | $0.1251 | $0.1326 | -5.63% |
Today vs. 1 month ago
| Amount | 06:05 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SDR | $0.{4}6257 | $0.0001004 | -37.67% |
| 1 SDR | $0.0001251 | $0.0002008 | -37.67% |
| 5 SDR | $0.0006257 | $0.001004 | -37.67% |
| 10 SDR | $0.001251 | $0.002008 | -37.67% |
| 50 SDR | $0.006257 | $0.01004 | -37.67% |
| 100 SDR | $0.01251 | $0.02008 | -37.67% |
| 500 SDR | $0.06257 | $0.1004 | -37.67% |
| 1000 SDR | $0.1251 | $0.2008 | -37.67% |
Today vs. 1 year ago
| Amount | 06:05 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SDR | $0.{4}6257 | $-0.{7}1062 | -87.57% |
| 1 SDR | $0.0001251 | $-0.{7}2125 | -87.57% |
| 5 SDR | $0.0006257 | $-0.{6}1062 | -87.57% |
| 10 SDR | $0.001251 | $-0.{6}2125 | -87.57% |
| 50 SDR | $0.006257 | $-0.{5}1062 | -87.57% |
| 100 SDR | $0.01251 | $-0.{5}2125 | -87.57% |
| 500 SDR | $0.06257 | $-0.{4}1062 | -87.57% |
| 1000 SDR | $0.1251 | $-0.{4}2125 | -87.57% |
SedraCoin price prediction
What will the price of SDR be in 2025?
Based on SDR's historical price performance prediction model, the price of SDR is projected to reach $0.0003246 in 2025.
What will the price of SDR be in 2030?
In 2030, the SDR price is expected to change by -8.00%. By the end of 2030, the SDR price is projected to reach $0.0005433, with a cumulative ROI of +309.32%.
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Popular SedraCoin conversions
Check out these popular currency conversions of SedraCoin to several fiat currencies.
SedraCoin to USD
1 SDR to $ 0.0001251 USD
SedraCoin to GBP
1 SDR to £ 0.{4}9942 GBP
SedraCoin to EUR
1 SDR to € 0.0001195 EUR
SedraCoin to KRW
1 SDR to ₩ 0.1752 KRW
SedraCoin to CAD
1 SDR to $ 0.0001748 CAD
SedraCoin to AUD
1 SDR to $ 0.0001922 AUD
SedraCoin to JPY
1 SDR to ¥ 0.01931 JPY
SedraCoin to BRL
1 SDR to R$ 0.0007278 BRL
SedraCoin to CNY
1 SDR to ¥ 0.0009069 CNY
SedraCoin to TWD
1 SDR to NT$ 0.004072 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in SedraCoin.
MAD to JMD
1 MAD to $ -- JMD
Harold to JMD
1 HAROLD to $ -- JMD
Bitcoin to JMD
1 BTC to $ 15,783,770.28 JMD
TARS AI to JMD
1 TAI to $ 29.38 JMD
EGO to JMD
1 EGO to $ 3.26 JMD
Just a chill guy to JMD
1 CHILLGUY to $ -- JMD
Sharpe AI to JMD
1 SAI to $ 6.11 JMD
XRP to JMD
1 XRP to $ 224.17 JMD
Stellar to JMD
1 XLM to $ 45.39 JMD
Solana to JMD
1 SOL to $ 41,622.27 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 SedraCoin 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 SedraCoin 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 SedraCoin 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.
