RBN
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 Ribbon Finance(RBN) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 RBN at a value of 1 RBN for 161.64 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 Ribbon Finance currency pair is the RBN to JMD, with for Ribbon Finance's currency code being RBN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
RBN to JMD conversion rate trend
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In the past 1D, Ribbon Finance has changed +14.27% to JMD. Based on the trend and price charts, Ribbon Finance(RBN) has changed +14.27% to JMD while Jamaican Dollar(JMD) has changed % to RBN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $159.51 | 0.0001% / 0.0004%  VIP | |
Gate.io | $159.32 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 16:00:18(UTC+0)
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Learn MoreWhat factors influence the conversion rate of Ribbon Finance to Jamaican Dollar?
Ribbon Finance to Jamaican Dollar is rising this week.Ribbon Finance's current market price is $ 161.64 per RBN, with a total market cap of $ 86,814,678,180.53 JMD based on a circulating supply of 537,093,440 RBN. The trading volume of Ribbon Finance has changed by +87.32% ($ 335,263,985.59 JMD) in the last 24 hours. Last trading day, RBN's trading volume was $ 383,931,090.64.
Market cap
$558.24M
24h volume
$4.62M
Circulating supply
537.09M RBN
Conversion tables
The exchange rate of Ribbon Finance is decreasing.1 RBN is currently valued at $ 161.64 JMD , which means buying 5 RBN will cost $ 808.19 JMD . Similarly, $1 JMD can be traded for 0.006187 RBN, and $50 JMD can be converted to 0.3093 RBN, excluding any platform or gas fees.
The exchange rate of 1 RBN to Jamaican Dollar has changed by +15.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by +14.27%, reaching a high of 160.33 JMD and a low of 137 JMD . One month ago, the value of 1 RBN was $ 186.27 JMD , which represents a -13.54% change from its current value. Over the last year, Ribbon Finance has changed by , resulting in a change of +524.84% in its value.
+$
132.1JMDRBN to JMD
Amount
16:41 today
0.5 RBN
$80.82
1 RBN
$161.64
5 RBN
$808.19
10 RBN
$1,616.38
50 RBN
$8,081.9
100 RBN
$16,163.79
500 RBN
$80,818.97
1000 RBN
$161,637.94
JMD to RBN
Amount16:41 today
0.5JMD0.003093 RBN
1JMD0.006187 RBN
5JMD0.03093 RBN
10JMD0.06187 RBN
50JMD0.3093 RBN
100JMD0.6187 RBN
500JMD3.09 RBN
1000JMD6.19 RBN
Today vs. 24 hours ago
| Amount | 16:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RBN | $0.5197 | $0.4566 | +14.27% |
| 1 RBN | $1.04 | $0.9131 | +14.27% |
| 5 RBN | $5.2 | $4.57 | +14.27% |
| 10 RBN | $10.39 | $9.13 | +14.27% |
| 50 RBN | $51.97 | $45.66 | +14.27% |
| 100 RBN | $103.94 | $91.31 | +14.27% |
| 500 RBN | $519.69 | $456.56 | +14.27% |
| 1000 RBN | $1,039.37 | $913.11 | +14.27% |
Today vs. 1 month ago
| Amount | 16:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RBN | $0.5197 | $0.5989 | -13.54% |
| 1 RBN | $1.04 | $1.2 | -13.54% |
| 5 RBN | $5.2 | $5.99 | -13.54% |
| 10 RBN | $10.39 | $11.98 | -13.54% |
| 50 RBN | $51.97 | $59.89 | -13.54% |
| 100 RBN | $103.94 | $119.78 | -13.54% |
| 500 RBN | $519.69 | $598.88 | -13.54% |
| 1000 RBN | $1,039.37 | $1,197.76 | -13.54% |
Today vs. 1 year ago
| Amount | 16:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RBN | $0.5197 | $0.09496 | +524.84% |
| 1 RBN | $1.04 | $0.1899 | +524.84% |
| 5 RBN | $5.2 | $0.9496 | +524.84% |
| 10 RBN | $10.39 | $1.9 | +524.84% |
| 50 RBN | $51.97 | $9.5 | +524.84% |
| 100 RBN | $103.94 | $18.99 | +524.84% |
| 500 RBN | $519.69 | $94.96 | +524.84% |
| 1000 RBN | $1,039.37 | $189.92 | +524.84% |
Ribbon Finance price prediction
What will the price of RBN be in 2025?
Based on RBN's historical price performance prediction model, the price of RBN is projected to reach $0.8925 in 2025.
What will the price of RBN be in 2030?
In 2030, the RBN price is expected to rise by -9.00%. By the end of 2030, the RBN price is projected to reach $1.41, with a cumulative ROI of +35.35%.
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Popular Ribbon Finance conversions
Check out these popular currency conversions of Ribbon Finance to several fiat currencies.
Ribbon Finance to USD
1 RBN to $ 1.04 USD
Ribbon Finance to GBP
1 RBN to £ 0.8160 GBP
Ribbon Finance to EUR
1 RBN to € 0.9574 EUR
Ribbon Finance to KRW
1 RBN to ₩ 1,437.55 KRW
Ribbon Finance to CAD
1 RBN to $ 1.42 CAD
Ribbon Finance to AUD
1 RBN to $ 1.56 AUD
Ribbon Finance to JPY
1 RBN to ¥ 163.44 JPY
Ribbon Finance to BRL
1 RBN to R$ 5.45 BRL
Ribbon Finance to CNY
1 RBN to ¥ 7.54 CNY
Ribbon Finance to TWD
1 RBN to NT$ 33.76 TWD
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cat in a dogs world to JMD
1 MEW to $ 0.7110 JMD
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1 BRETT to $ -- JMD
Pepe to JMD
1 PEPE to $ 0.002271 JMD
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1 ONDO to $ 210.82 JMD
JasmyCoin to JMD
1 JASMY to $ 5.88 JMD
Bitcoin to JMD
1 BTC to $ 10,582,999.31 JMD
Toncoin to JMD
1 TON to $ 1,013.34 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 Ribbon Finance 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 Ribbon Finance 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 Ribbon Finance 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.
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