RMRK
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 RMRK(RMRK) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 RMRK at a value of 1 RMRK for 50.22 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 RMRK currency pair is the RMRK to JMD, with for RMRK's currency code being RMRK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
RMRK to JMD conversion rate trend
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In the past 1D, RMRK has changed -1.89% to JMD. Based on the trend and price charts, RMRK(RMRK) has changed -1.89% to JMD while Jamaican Dollar(JMD) has changed % to RMRK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $51.13 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $51.32 | 0.1000% / 0.1000% | Yes |
KuCoin | $101.82 | 0.1000% / 0.1000% | Yes |
Last updated 2024/08/06 01:00:15(UTC+0)
How to buy RMRK
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy RMRK (RMRK)
Use a variety of payment options to buy RMRK on Bitget. We'll show you how.
Buy RMRK (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of RMRK with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy RMRK 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 RMRK (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of RMRK to JMD. However, you can first exchange RMRK 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 RMRK to Jamaican Dollar?
RMRK to Jamaican Dollar is falling this week.RMRK's current market price is $ 50.22 per RMRK, with a total market cap of $ 456,521,538.92 JMD based on a circulating supply of 9,090,949 RMRK. The trading volume of RMRK has changed by -75.12% ($ -4,223,850.01 JMD) in the last 24 hours. Last trading day, RMRK's trading volume was $ 5,622,713.71.
Market cap
$2.93M
24h volume
$8.98K
Circulating supply
9.09M RMRK
Conversion tables
The exchange rate of RMRK is increasing.1 RMRK is currently valued at $ 50.22 JMD , which means buying 5 RMRK will cost $ 251.09 JMD . Similarly, $1 JMD can be traded for 0.01991 RMRK, and $50 JMD can be converted to 0.9957 RMRK, excluding any platform or gas fees.
The exchange rate of 1 RMRK to Jamaican Dollar has changed by -12.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.89%, reaching a high of 55.88 JMD and a low of 50.19 JMD . One month ago, the value of 1 RMRK was $ 42.41 JMD , which represents a +18.40% change from its current value. Over the last year, RMRK has changed by , resulting in a change of -87.18% in its value.
-$
341.35JMDRMRK to JMD
Amount
17:22 today
0.5 RMRK
$25.11
1 RMRK
$50.22
5 RMRK
$251.09
10 RMRK
$502.17
50 RMRK
$2,510.86
100 RMRK
$5,021.71
500 RMRK
$25,108.57
1000 RMRK
$50,217.15
JMD to RMRK
Amount17:22 today
0.5JMD0.009957 RMRK
1JMD0.01991 RMRK
5JMD0.09957 RMRK
10JMD0.1991 RMRK
50JMD0.9957 RMRK
100JMD1.99 RMRK
500JMD9.96 RMRK
1000JMD19.91 RMRK
Today vs. 24 hours ago
| Amount | 17:22 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RMRK | $0.1611 | $0.1642 | -1.89% |
| 1 RMRK | $0.3222 | $0.3285 | -1.89% |
| 5 RMRK | $1.61 | $1.64 | -1.89% |
| 10 RMRK | $3.22 | $3.28 | -1.89% |
| 50 RMRK | $16.11 | $16.42 | -1.89% |
| 100 RMRK | $32.22 | $32.85 | -1.89% |
| 500 RMRK | $161.12 | $164.23 | -1.89% |
| 1000 RMRK | $322.25 | $328.46 | -1.89% |
Today vs. 1 month ago
| Amount | 17:22 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RMRK | $0.1611 | $0.1361 | +18.40% |
| 1 RMRK | $0.3222 | $0.2722 | +18.40% |
| 5 RMRK | $1.61 | $1.36 | +18.40% |
| 10 RMRK | $3.22 | $2.72 | +18.40% |
| 50 RMRK | $16.11 | $13.61 | +18.40% |
| 100 RMRK | $32.22 | $27.22 | +18.40% |
| 500 RMRK | $161.12 | $136.08 | +18.40% |
| 1000 RMRK | $322.25 | $272.16 | +18.40% |
Today vs. 1 year ago
| Amount | 17:22 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RMRK | $0.1611 | $1.26 | -87.18% |
| 1 RMRK | $0.3222 | $2.51 | -87.18% |
| 5 RMRK | $1.61 | $12.56 | -87.18% |
| 10 RMRK | $3.22 | $25.13 | -87.18% |
| 50 RMRK | $16.11 | $125.64 | -87.18% |
| 100 RMRK | $32.22 | $251.27 | -87.18% |
| 500 RMRK | $161.12 | $1,256.36 | -87.18% |
| 1000 RMRK | $322.25 | $2,512.73 | -87.18% |
RMRK price prediction
What will the price of RMRK be in 2025?
Based on RMRK's historical price performance prediction model, the price of RMRK is projected to reach $0.8764 in 2025.
What will the price of RMRK be in 2030?
In 2030, the RMRK price is expected to change by -7.00%. By the end of 2030, the RMRK price is projected to reach $1.1, with a cumulative ROI of +237.70%.
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Popular RMRK conversions
Check out these popular currency conversions of RMRK to several fiat currencies.
RMRK to USD
1 RMRK to $ 0.3222 USD
RMRK to GBP
1 RMRK to £ 0.2564 GBP
RMRK to EUR
1 RMRK to € 0.3089 EUR
RMRK to KRW
1 RMRK to ₩ 466.1 KRW
RMRK to CAD
1 RMRK to $ 0.4627 CAD
RMRK to AUD
1 RMRK to $ 0.5155 AUD
RMRK to JPY
1 RMRK to ¥ 50.41 JPY
RMRK to BRL
1 RMRK to R$ 1.96 BRL
RMRK to CNY
1 RMRK to ¥ 2.35 CNY
RMRK to TWD
1 RMRK to NT$ 10.52 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in RMRK.
Hive to JMD
1 HIVE to $ 51.22 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 119.7 JMD
IDEX to JMD
1 IDEX to $ 9.43 JMD
BitTorrent [New] to JMD
1 BTT to $ 0.0001754 JMD
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Shoggoth (shoggoth.monster) to JMD
1 SHOGGOTH to $ 8.43 JMD
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FTX Token to JMD
1 FTT to $ 463.18 JMD
LUCE to JMD
1 LUCE to $ 14.11 JMD
HEX (PulseChain) to JMD
1 HEX to $ 2.16 JMD
DeXe to JMD
1 DEXE to $ 1,629.16 JMD
Livepeer to JMD
1 LPT to $ 2,497.37 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 RMRK 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 RMRK 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 RMRK 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.
