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Ridotto to Jamaican Dollar Converter and calculator

Convert 1Ridotto (RDT) to Jamaican Dollar (JMD) equals $ 2 | Bitget
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Last updated 2024/12/25 07:12:32 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ridotto(RDT) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 RDT at a value of 1 RDT for 2.00 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Ridotto currency pair is the RDT to JMD, with for Ridotto's currency code being RDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

RDT to JMD conversion rate trend

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Live Ridotto (RDT) price chart
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In the past 1D, Ridotto has changed +0.82% to JMD. Based on the trend and price charts, Ridotto(RDT) has changed +0.82% to JMD while Jamaican Dollar(JMD) has changed -0.81% to RDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$2
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/25 00:32:20(UTC+0)

How to buy Ridotto

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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.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Ridotto (RDT)
Use a variety of payment options to buy Ridotto on Bitget. We'll show you how.

Buy RDT (or USDT) for JMD (Jamaican Dollar) offers

Bitget P2P trading does not currently support direct buying of RDT with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy RDT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell RDT (or USDT) for JMD (Jamaican Dollar) offers

Bitget P2P trading currently does not support direct selling of RDT to JMD. However, you can first exchange RDT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Ridotto to Jamaican Dollar?

Ridotto to Jamaican Dollar is falling this week.
Ridotto's current market price is $ 2 per RDT, with a total market cap of $ 0 JMD based on a circulating supply of -- RDT. The trading volume of Ridotto has changed by -4.52% ($ -901,683.95 JMD) in the last 24 hours. Last trading day, RDT's trading volume was $ 19,962,892.89.
Market cap
$0
24h volume
$122.46K
Circulating supply
0 RDT

Conversion tables

The exchange rate of Ridotto is increasing.
1 RDT is currently valued at $ 2 JMD , which means buying 5 RDT will cost $ 10.02 JMD . Similarly, $1 JMD can be traded for 0.4988 RDT, and $50 JMD can be converted to 24.94 RDT, excluding any platform or gas fees.
The exchange rate of 1 RDT to Jamaican Dollar has changed by -8.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.82%, reaching a high of 2.01 JMD and a low of 1.98 JMD . One month ago, the value of 1 RDT was $ 1.71 JMD , which represents a +17.02% change from its current value. Over the last year, Ridotto has changed by
-$
6.85JMD
, resulting in a change of -77.38% in its value.

RDT to JMD

Amount
07:12 am today
0.5 RDT
$1
1 RDT
$2
5 RDT
$10.02
10 RDT
$20.05
50 RDT
$100.23
100 RDT
$200.47
500 RDT
$1,002.33
1000 RDT
$2,004.65

JMD to RDT

Amount07:12 am today
0.5JMD0.2494  RDT
1JMD0.4988  RDT
5JMD2.49  RDT
10JMD4.99  RDT
50JMD24.94  RDT
100JMD49.88  RDT
500JMD249.42  RDT
1000JMD498.84  RDT

Today vs. 24 hours ago

Amount07:12 am today24 hours ago24h change
0.5 RDT$0.006439$0.006387
+0.82%
1 RDT$0.01288$0.01277
+0.82%
5 RDT$0.06439$0.06387
+0.82%
10 RDT$0.1288$0.1277
+0.82%
50 RDT$0.6439$0.6387
+0.82%
100 RDT$1.29$1.28
+0.82%
500 RDT$6.44$6.39
+0.82%
1000 RDT$12.88$12.77
+0.82%

Today vs. 1 month ago

Amount07:12 am today1 month ago1M change
0.5 RDT$0.006439$0.005504
+17.02%
1 RDT$0.01288$0.01101
+17.02%
5 RDT$0.06439$0.05504
+17.02%
10 RDT$0.1288$0.1101
+17.02%
50 RDT$0.6439$0.5504
+17.02%
100 RDT$1.29$1.1
+17.02%
500 RDT$6.44$5.5
+17.02%
1000 RDT$12.88$11.01
+17.02%

Today vs. 1 year ago

Amount07:12 am today1 year ago1Y change
0.5 RDT$0.006439$0.02844
-77.38%
1 RDT$0.01288$0.05688
-77.38%
5 RDT$0.06439$0.2844
-77.38%
10 RDT$0.1288$0.5688
-77.38%
50 RDT$0.6439$2.84
-77.38%
100 RDT$1.29$5.69
-77.38%
500 RDT$6.44$28.44
-77.38%
1000 RDT$12.88$56.88
-77.38%

Ridotto price prediction

What will the price of RDT be in 2025?

Based on RDT's historical price performance prediction model, the price of RDT is projected to reach $0.01988 in 2025.

What will the price of RDT be in 2030?

In 2030, the RDT price is expected to change by -11.00%. By the end of 2030, the RDT price is projected to reach $0.04806, with a cumulative ROI of +280.29%.

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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.