CHEERS to JMD Converter and calculator


Conversion rates
Convert CHEERS to JMD
Convert JMD to CHEERS
CHEERS to JMD chart
CHEERS to JMD conversion data: Volatility and price changes of DICAPRIO CHEERS in JMD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.02449 JMD | 0.02449 JMD | 0.03138 JMD | 0.1248 JMD |
Low | 0.02243 JMD | 0.02167 JMD | 0.02009 JMD | 0.008983 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | -3.12% | +0.76% | -13.82% | +114.72% |
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DICAPRIO CHEERS information
CHEERS to JMD market statistics
Current CHEERS to JMD exchange rate
DICAPRIO CHEERS to Jamaican Dollar is rising this week.More info about DICAPRIO CHEERS 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.
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CHEERS to JMD Conversion tables
| Amount | 09:37 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 CHEERS | $0.01149 | $0.01186 | -3.12% |
1 CHEERS | $0.02298 | $0.02372 | -3.12% |
5 CHEERS | $0.1149 | $0.1186 | -3.12% |
10 CHEERS | $0.2298 | $0.2372 | -3.12% |
50 CHEERS | $1.15 | $1.19 | -3.12% |
100 CHEERS | $2.3 | $2.37 | -3.12% |
500 CHEERS | $11.49 | $11.86 | -3.12% |
1000 CHEERS | $22.98 | $23.72 | -3.12% |
CHEERS to JMD FAQ
What factors influence the conversion rate of CHEERS to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of DICAPRIO CHEERS in the US is $0.0001435 USD. Additionally, DICAPRIO CHEERS’s price is €0.0001235 EUR in the eurozone, £0.0001078 GBP in the UK, C$0.0002006 CAD in Canada, ₹0.01267 INR in India, ₨0.04060 PKR in Pakistan, R$0.0007743 BRL in Brazil, and more.
The most popular DICAPRIO CHEERS currency pair is the CHEERS to Jamaican Dollar(JMD). The price of 1 DICAPRIO CHEERS (CHEERS) in Jamaican Dollar (JMD) is $0.02298.
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