PNP
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 Penpie(PNP) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 PNP at a value of 1 PNP for 336.63 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 Penpie currency pair is the PNP to JMD, with for Penpie's currency code being PNP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
PNP to JMD conversion rate trend
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In the past 1D, Penpie has changed +10.57% to JMD. Based on the trend and price charts, Penpie(PNP) has changed +10.57% to JMD while Jamaican Dollar(JMD) has changed % to PNP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $323.08 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/07 00:30:57(UTC+0)
How to buy Penpie
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 Penpie (PNP)
Use a variety of payment options to buy Penpie on Bitget. We'll show you how.
Buy PNP (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of PNP with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy PNP 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 PNP (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of PNP to JMD. However, you can first exchange PNP 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 Penpie to Jamaican Dollar?
Penpie to Jamaican Dollar is rising this week.Penpie's current market price is $ 336.63 per PNP, with a total market cap of $ 506,936,498.16 JMD based on a circulating supply of 1,505,920 PNP. The trading volume of Penpie has changed by +62.54% ($ 2,493,522.44 JMD) in the last 24 hours. Last trading day, PNP's trading volume was $ 3,987,313.69.
Market cap
$3.20M
24h volume
$40.95K
Circulating supply
1.51M PNP
Conversion tables
The exchange rate of Penpie is increasing.1 PNP is currently valued at $ 336.63 JMD , which means buying 5 PNP will cost $ 1,683.15 JMD . Similarly, $1 JMD can be traded for 0.002971 PNP, and $50 JMD can be converted to 0.1485 PNP, excluding any platform or gas fees.
The exchange rate of 1 PNP to Jamaican Dollar has changed by +5.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.57%, reaching a high of 341.05 JMD and a low of 303.3 JMD . One month ago, the value of 1 PNP was $ 176.25 JMD , which represents a +90.99% change from its current value. Over the last year, Penpie has changed by , resulting in a change of -7.22% in its value.
-$
26.2JMDPNP to JMD
Amount
06:37 am today
0.5 PNP
$168.31
1 PNP
$336.63
5 PNP
$1,683.15
10 PNP
$3,366.29
50 PNP
$16,831.45
100 PNP
$33,662.91
500 PNP
$168,314.54
1000 PNP
$336,629.09
JMD to PNP
Amount06:37 am today
0.5JMD0.001485 PNP
1JMD0.002971 PNP
5JMD0.01485 PNP
10JMD0.02971 PNP
50JMD0.1485 PNP
100JMD0.2971 PNP
500JMD1.49 PNP
1000JMD2.97 PNP
Today vs. 24 hours ago
| Amount | 06:37 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PNP | $1.06 | $0.9619 | +10.57% |
| 1 PNP | $2.13 | $1.92 | +10.57% |
| 5 PNP | $10.63 | $9.62 | +10.57% |
| 10 PNP | $21.27 | $19.24 | +10.57% |
| 50 PNP | $106.35 | $96.19 | +10.57% |
| 100 PNP | $212.7 | $192.37 | +10.57% |
| 500 PNP | $1,063.49 | $961.86 | +10.57% |
| 1000 PNP | $2,126.99 | $1,923.71 | +10.57% |
Today vs. 1 month ago
| Amount | 06:37 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PNP | $1.06 | $0.5568 | +90.99% |
| 1 PNP | $2.13 | $1.11 | +90.99% |
| 5 PNP | $10.63 | $5.57 | +90.99% |
| 10 PNP | $21.27 | $11.14 | +90.99% |
| 50 PNP | $106.35 | $55.68 | +90.99% |
| 100 PNP | $212.7 | $111.36 | +90.99% |
| 500 PNP | $1,063.49 | $556.82 | +90.99% |
| 1000 PNP | $2,126.99 | $1,113.64 | +90.99% |
Today vs. 1 year ago
| Amount | 06:37 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PNP | $1.06 | $1.15 | -7.22% |
| 1 PNP | $2.13 | $2.29 | -7.22% |
| 5 PNP | $10.63 | $11.46 | -7.22% |
| 10 PNP | $21.27 | $22.93 | -7.22% |
| 50 PNP | $106.35 | $114.63 | -7.22% |
| 100 PNP | $212.7 | $229.25 | -7.22% |
| 500 PNP | $1,063.49 | $1,146.26 | -7.22% |
| 1000 PNP | $2,126.99 | $2,292.53 | -7.22% |
Penpie price prediction
What will the price of PNP be in 2025?
Based on PNP's historical price performance prediction model, the price of PNP is projected to reach $2.89 in 2025.
What will the price of PNP be in 2030?
In 2030, the PNP price is expected to change by -3.00%. By the end of 2030, the PNP price is projected to reach $4.32, with a cumulative ROI of +128.99%.
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Popular Penpie conversions
Check out these popular currency conversions of Penpie to several fiat currencies.
Penpie to USD
1 PNP to $ 2.13 USD
Penpie to GBP
1 PNP to £ 1.65 GBP
Penpie to EUR
1 PNP to € 1.98 EUR
Penpie to KRW
1 PNP to ₩ 2,971.64 KRW
Penpie to CAD
1 PNP to $ 2.96 CAD
Penpie to AUD
1 PNP to $ 3.21 AUD
Penpie to JPY
1 PNP to ¥ 328.31 JPY
Penpie to BRL
1 PNP to R$ 12.08 BRL
Penpie to CNY
1 PNP to ¥ 15.29 CNY
Penpie to TWD
1 PNP to NT$ 68.6 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Penpie.
Bitcoin to JMD
1 BTC to $ 11,837,164.92 JMD
PAPO NINJA to JMD
1 PAPO to $ -- JMD
Dogecoin to JMD
1 DOGE to $ 30.36 JMD
SolarX to JMD
1 SXCH to $ -- JMD
UXLINK to JMD
1 UXLINK to $ -- JMD
Solana to JMD
1 SOL to $ 29,701.61 JMD
Grass to JMD
1 GRASS to $ -- JMD
Sui to JMD
1 SUI to $ 355.42 JMD
Ethereum to JMD
1 ETH to $ 446,389.88 JMD
X Empire to JMD
1 X to $ 0.01127 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 Penpie 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 Penpie 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 Penpie 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.
