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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.89%
New listings: Pi Network
Hot BTC ETF : IBIT
BTC/USDT$96184.03 (-1.32%)Fear and Greed Index65(Greed)
Altcoin season index:0(Bitcoin season)
Total spot Bitcoin ETF netflow +$674.9M (1D); +$2.63B (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.89%
New listings: Pi Network
Hot BTC ETF : IBIT
BTC/USDT$96184.03 (-1.32%)Fear and Greed Index65(Greed)
Altcoin season index:0(Bitcoin season)
Total spot Bitcoin ETF netflow +$674.9M (1D); +$2.63B (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
RAIL to JMD Converter and calculator
RAIL/JMD: 1 RAIL = 120.51 JMD. The price of converting 1 Railgun (RAIL) to Jamaican Dollar (JMD) is 120.51 JMD today.
RAIL
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter provides RAIL to JMD real-time exchange rates, making it easy to convert Railgun (RAIL) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 RAIL is currently valued at 120.51 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RAIL is currently valued at 120.51 JMD, which means buying 5 RAIL would cost 602.55 JMD. Similarly, $1 JMD can be converted to 0.008298 RAIL, and $50 JMD can be converted to 0.04149 RAIL, excluding any platform or gas fees.
Conversion rates
Convert RAIL to JMD
Convert JMD to RAIL
Railgun
Jamaican Dollar
In the table above, you'll find a comprehensive RAIL to JMD converter that shows the value of Railgun in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 RAIL to JMD, all the way up to 10000 RAIL, providing a clear view of their respective values.
Jamaican Dollar
Railgun
In the table above, you'll find a comprehensive JMD to RAIL converter that shows the value of Jamaican Dollar in Railgun across commonly used conversion amounts. The list covers conversions from 1 JMD to RAIL, all the way up to 100000 JMD, providing a clear view of their respective values.
RAIL to JMD chart
RAIL/JMD: 1 RAIL = 120.51 JMD; 2025/05/03 16:53:29
In the past 1D, Railgun has changed -2.25% to JMD. Based on the trend and price charts, Railgun(RAIL) has changed -2.25% to JMD while Jamaican Dollar(JMD) has changed % to RAIL in the last 24 hours.
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RAIL to JMD conversion data: Volatility and price changes of Railgun in JMD
The highest Railgun price in JMD over the past 7 days was 128.3 JMD while the lowest Railgun price in JMD over the past 7 days was 119.2 JMD. The relative change between the highs and lows in Railgun price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and RAIL to JMD prices for the past 24 hours, 30 days, and 90 days in the table above.
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 122.64 JMD | 128.3 JMD | 154.34 JMD | 154.34 JMD |
Low | 119.8 JMD | 119.2 JMD | 68.51 JMD | 68.51 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | -2.25% | -3.81% | +42.74% | -2.70% |
Railgun information
RAIL to JMD market statistics
RAIL/JMD:
$120.51
RAIL 24h volume:
$29,262,745.42
RAIL market cap:
--
RAIL circulating supply:
0 RAIL
Current RAIL to JMD exchange rate
Railgun to Jamaican Dollar is falling this week.Railgun's current market price is $120.51 per RAIL, with a total market cap of $0 JMD based on a circulating supply of -- RAIL. The trading volume of Railgun has changed by +1.96% ($563,875.4 JMD) in the last 24 hours. Last trading day, RAIL's trading volume was $28,698,870.03.
More info about Railgun on Bitget
Jamaican Dollar 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 Railgun currency pair is the RAIL to JMD, with for Railgun's currency code being RAIL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
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How to convert RAIL to JMD
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Convert RAIL to JMD
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Bitget P2P trading does not currently support direct buying of RAIL with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy RAIL with USDT via Bitget spot market.
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RAIL to JMD Conversion tables
The exchange rate of Railgun is increasing.
The exchange rate of 1 RAIL to Jamaican Dollar has changed by -3.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.25%, reaching a high of 122.64 JMD and a low of 119.8 JMD . One month ago, the value of 1 RAIL was $84.51 JMD , which represents a +42.74% change from its current value. Over the last year, Railgun has changed by , resulting in a change of -46.08% in its value.
-$
102.72JMD24 hours ago1 month ago1 year ago
| Amount | 16:53 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAIL | $60.25 | $61.64 | -2.25% |
| 1 RAIL | $120.51 | $123.27 | -2.25% |
| 5 RAIL | $602.55 | $616.36 | -2.25% |
| 10 RAIL | $1,205.09 | $1,232.71 | -2.25% |
| 50 RAIL | $6,025.46 | $6,163.57 | -2.25% |
| 100 RAIL | $12,050.91 | $12,327.14 | -2.25% |
| 500 RAIL | $60,254.56 | $61,635.72 | -2.25% |
| 1000 RAIL | $120,509.12 | $123,271.45 | -2.25% |
RAIL to JMD FAQ
How much is 1 Railgun in JMD?
Right now, the price of 1 Railgun (RAIL) in Jamaican Dollar (JMD) is $120.51.
How much RAIL can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.008298 RAIL for 1 JMD.
How do I calculate or convert RAIL to JMD?
You can use our RAIL to JMD calculator at the top of this page to convert any amount of RAIL to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.04149 RAIL, while 5 RAIL will cost around 602.55JMD.
What is the highest price of RAIL/JMD in history?
The all-time high price of 1 RAIL in JMD is $1,329.17. It remains to be seen if the value of 1 RAIL/JMD will exceed the current all-time high.
What is the price trend of Railgun in JMD?
Over the past 7 days, the exchange rate of Railgun (RAIL) has gone down by 3.81%.
Over the last month, the exchange rate of Railgun (RAIL) has gone up by 42.74% against Jamaican Dollar (JMD).
What factors influence the conversion rate of RAIL to JMD?
There are many factors that affect the relationship between Railgun and Jamaican Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of RAIL/JMD. When there is positive news in the market about the widespread adoption of RAIL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RAIL/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RAIL/JMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of RAIL/JMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Railgun and adjust their investment strategies accordingly in the evolving market.
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