STEEM
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 Steem(STEEM) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 STEEM at a value of 1 STEEM for 42.37 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 Steem currency pair is the STEEM to JMD, with for Steem's currency code being STEEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
STEEM to JMD conversion rate trend
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In the past 1D, Steem has changed -0.72% to JMD. Based on the trend and price charts, Steem(STEEM) has changed -0.72% to JMD while Jamaican Dollar(JMD) has changed % to STEEM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $42.37 | 0.0001% / 0.0004%  VIP | |
Binance | $42.3 | 0.1000% / 0.1000% | Yes |
Huobi | $42.38 | 0.1000% / 0.1000% | Yes |
Gate.io | $42.35 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 16:00:19(UTC+0)
How to buy Steem
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Buy Steem (STEEM)
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What factors influence the conversion rate of Steem to Jamaican Dollar?
Steem to Jamaican Dollar is falling this week.Steem's current market price is $ 42.37 per STEEM, with a total market cap of $ 19,623,001,412.77 JMD based on a circulating supply of 463,180,900 STEEM. The trading volume of Steem has changed by -0.08% ($ -575,436.21 JMD) in the last 24 hours. Last trading day, STEEM's trading volume was $ 727,479,400.43.
Market cap
$126.18M
24h volume
$4.67M
Circulating supply
463.18M STEEM
Conversion tables
The exchange rate of Steem is decreasing.1 STEEM is currently valued at $ 42.37 JMD , which means buying 5 STEEM will cost $ 211.83 JMD . Similarly, $1 JMD can be traded for 0.02360 STEEM, and $50 JMD can be converted to 1.18 STEEM, excluding any platform or gas fees.
The exchange rate of 1 STEEM to Jamaican Dollar has changed by -1.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.72%, reaching a high of 43.6 JMD and a low of 42.11 JMD . One month ago, the value of 1 STEEM was $ 46.54 JMD , which represents a -8.94% change from its current value. Over the last year, Steem has changed by , resulting in a change of +48.15% in its value.
+$
13.83JMDSTEEM to JMD
Amount
16:11 today
0.5 STEEM
$21.18
1 STEEM
$42.37
5 STEEM
$211.83
10 STEEM
$423.66
50 STEEM
$2,118.29
100 STEEM
$4,236.57
500 STEEM
$21,182.87
1000 STEEM
$42,365.74
JMD to STEEM
Amount16:11 today
0.5JMD0.01180 STEEM
1JMD0.02360 STEEM
5JMD0.1180 STEEM
10JMD0.2360 STEEM
50JMD1.18 STEEM
100JMD2.36 STEEM
500JMD11.8 STEEM
1000JMD23.6 STEEM
Today vs. 24 hours ago
| Amount | 16:11 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 STEEM | $0.1362 | $0.1372 | -0.72% |
| 1 STEEM | $0.2724 | $0.2744 | -0.72% |
| 5 STEEM | $1.36 | $1.37 | -0.72% |
| 10 STEEM | $2.72 | $2.74 | -0.72% |
| 50 STEEM | $13.62 | $13.72 | -0.72% |
| 100 STEEM | $27.24 | $27.44 | -0.72% |
| 500 STEEM | $136.21 | $137.2 | -0.72% |
| 1000 STEEM | $272.42 | $274.4 | -0.72% |
Today vs. 1 month ago
| Amount | 16:11 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 STEEM | $0.1362 | $0.1496 | -8.94% |
| 1 STEEM | $0.2724 | $0.2993 | -8.94% |
| 5 STEEM | $1.36 | $1.5 | -8.94% |
| 10 STEEM | $2.72 | $2.99 | -8.94% |
| 50 STEEM | $13.62 | $14.96 | -8.94% |
| 100 STEEM | $27.24 | $29.93 | -8.94% |
| 500 STEEM | $136.21 | $149.65 | -8.94% |
| 1000 STEEM | $272.42 | $299.29 | -8.94% |
Today vs. 1 year ago
| Amount | 16:11 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 STEEM | $0.1362 | $0.09173 | +48.15% |
| 1 STEEM | $0.2724 | $0.1835 | +48.15% |
| 5 STEEM | $1.36 | $0.9173 | +48.15% |
| 10 STEEM | $2.72 | $1.83 | +48.15% |
| 50 STEEM | $13.62 | $9.17 | +48.15% |
| 100 STEEM | $27.24 | $18.35 | +48.15% |
| 500 STEEM | $136.21 | $91.73 | +48.15% |
| 1000 STEEM | $272.42 | $183.47 | +48.15% |
Steem price prediction
What will the price of STEEM be in 2025?
Based on STEEM's historical price performance prediction model, the price of STEEM is projected to reach $0.3160 in 2025.
What will the price of STEEM be in 2030?
In 2030, the STEEM price is expected to rise by -18.00%. By the end of 2030, the STEEM price is projected to reach $0.2487, with a cumulative ROI of -8.72%.
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Popular Steem conversions
Check out these popular currency conversions of Steem to several fiat currencies.
Steem to USD
1 STEEM to $ 0.2724 USD
Steem to GBP
1 STEEM to £ 0.2139 GBP
Steem to EUR
1 STEEM to € 0.2509 EUR
Steem to KRW
1 STEEM to ₩ 376.79 KRW
Steem to CAD
1 STEEM to $ 0.3719 CAD
Steem to AUD
1 STEEM to $ 0.4089 AUD
Steem to JPY
1 STEEM to ¥ 42.84 JPY
Steem to BRL
1 STEEM to R$ 1.43 BRL
Steem to CNY
1 STEEM to ¥ 1.98 CNY
Steem to TWD
1 STEEM to NT$ 8.85 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Steem.
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1 BRETT to $ -- JMD
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1 PEPE to $ 0.002301 JMD
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1 ONDO to $ 210.91 JMD
JasmyCoin to JMD
1 JASMY to $ 5.57 JMD
Bitcoin to JMD
1 BTC to $ 10,592,343.56 JMD
Toncoin to JMD
1 TON to $ 1,008.79 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 Steem 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 Steem 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 Steem 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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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.
