LRC
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 Loopring(LRC) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 LRC at a value of 1 LRC for 40.67 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 Loopring currency pair is the LRC to JMD, with for Loopring's currency code being LRC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
LRC to JMD conversion rate trend
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In the past 1D, Loopring has changed -3.27% to JMD. Based on the trend and price charts, Loopring(LRC) has changed -3.27% to JMD while Jamaican Dollar(JMD) has changed % to LRC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $40.83 | 0.0001% / 0.0004%  VIP | |
Binance | $40.82 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | $40.79 | 0.1000% / 0.1000% | Yes |
OKX | $40.81 | 0.080% / 0.100% | Yes |
Huobi | $40.79 | 0.1000% / 0.1000% | Yes |
Gate.io | $40.76 | 0.1000% / 0.1000% | Yes |
Bybit | $40.81 | 0.1000% / 0.1000% | Yes |
KuCoin | $40.78 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 20:00:20(UTC+0)
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Learn MoreWhat factors influence the conversion rate of Loopring to Jamaican Dollar?
Loopring to Jamaican Dollar is falling this week.Loopring's current market price is $ 40.67 per LRC, with a total market cap of $ 55,589,464,777.91 JMD based on a circulating supply of 1,366,806,900 LRC. The trading volume of Loopring has changed by +5.46% ($ 90,954,308.62 JMD) in the last 24 hours. Last trading day, LRC's trading volume was $ 1,667,112,222.14.
Market cap
$357.45M
24h volume
$11.30M
Circulating supply
1.37B LRC
Conversion tables
The exchange rate of Loopring is increasing.1 LRC is currently valued at $ 40.67 JMD , which means buying 5 LRC will cost $ 203.36 JMD . Similarly, $1 JMD can be traded for 0.02459 LRC, and $50 JMD can be converted to 1.23 LRC, excluding any platform or gas fees.
The exchange rate of 1 LRC to Jamaican Dollar has changed by -2.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.27%, reaching a high of 42.42 JMD and a low of 40.46 JMD . One month ago, the value of 1 LRC was $ 40.56 JMD , which represents a +0.27% change from its current value. Over the last year, Loopring has changed by , resulting in a change of -5.70% in its value.
-$
2.46JMDLRC to JMD
Amount
20:51 today
0.5 LRC
$20.34
1 LRC
$40.67
5 LRC
$203.36
10 LRC
$406.71
50 LRC
$2,033.55
100 LRC
$4,067.1
500 LRC
$20,335.52
1000 LRC
$40,671.04
JMD to LRC
Amount20:51 today
0.5JMD0.01229 LRC
1JMD0.02459 LRC
5JMD0.1229 LRC
10JMD0.2459 LRC
50JMD1.23 LRC
100JMD2.46 LRC
500JMD12.29 LRC
1000JMD24.59 LRC
Today vs. 24 hours ago
| Amount | 20:51 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LRC | $0.1308 | $0.1352 | -3.27% |
| 1 LRC | $0.2615 | $0.2704 | -3.27% |
| 5 LRC | $1.31 | $1.35 | -3.27% |
| 10 LRC | $2.62 | $2.7 | -3.27% |
| 50 LRC | $13.08 | $13.52 | -3.27% |
| 100 LRC | $26.15 | $27.04 | -3.27% |
| 500 LRC | $130.76 | $135.18 | -3.27% |
| 1000 LRC | $261.53 | $270.36 | -3.27% |
Today vs. 1 month ago
| Amount | 20:51 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LRC | $0.1308 | $0.1304 | +0.27% |
| 1 LRC | $0.2615 | $0.2608 | +0.27% |
| 5 LRC | $1.31 | $1.3 | +0.27% |
| 10 LRC | $2.62 | $2.61 | +0.27% |
| 50 LRC | $13.08 | $13.04 | +0.27% |
| 100 LRC | $26.15 | $26.08 | +0.27% |
| 500 LRC | $130.76 | $130.42 | +0.27% |
| 1000 LRC | $261.53 | $260.83 | +0.27% |
Today vs. 1 year ago
| Amount | 20:51 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LRC | $0.1308 | $0.1387 | -5.70% |
| 1 LRC | $0.2615 | $0.2773 | -5.70% |
| 5 LRC | $1.31 | $1.39 | -5.70% |
| 10 LRC | $2.62 | $2.77 | -5.70% |
| 50 LRC | $13.08 | $13.87 | -5.70% |
| 100 LRC | $26.15 | $27.73 | -5.70% |
| 500 LRC | $130.76 | $138.67 | -5.70% |
| 1000 LRC | $261.53 | $277.34 | -5.70% |
Loopring price prediction
What will the price of LRC be in 2025?
Based on LRC's historical price performance prediction model, the price of LRC is projected to reach $0.3273 in 2025.
What will the price of LRC be in 2030?
In 2030, the LRC price is expected to rise by -2.00%. By the end of 2030, the LRC price is projected to reach $0.8621, with a cumulative ROI of +229.64%.
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Popular Loopring conversions
Check out these popular currency conversions of Loopring to several fiat currencies.
Loopring to USD
1 LRC to $ 0.2615 USD
Loopring to GBP
1 LRC to £ 0.2053 GBP
Loopring to EUR
1 LRC to € 0.2409 EUR
Loopring to KRW
1 LRC to ₩ 361.71 KRW
Loopring to CAD
1 LRC to $ 0.3571 CAD
Loopring to AUD
1 LRC to $ 0.3925 AUD
Loopring to JPY
1 LRC to ¥ 41.12 JPY
Loopring to BRL
1 LRC to R$ 1.37 BRL
Loopring to CNY
1 LRC to ¥ 1.9 CNY
Loopring to TWD
1 LRC to NT$ 8.49 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Loopring.
Notcoin to JMD
1 NOT to $ 3.52 JMD
DOG•GO•TO•THE•MOON to JMD
1 DOG to $ 1.16 JMD
GameStop to JMD
1 GSTOP to $ -- JMD
cat in a dogs world to JMD
1 MEW to $ 0.6646 JMD
Brett to JMD
1 BRETT to $ -- JMD
Pepe to JMD
1 PEPE to $ 0.002206 JMD
Ondo to JMD
1 ONDO to $ 210.29 JMD
JasmyCoin to JMD
1 JASMY to $ 5.84 JMD
Bitcoin to JMD
1 BTC to $ 10,531,159.45 JMD
Toncoin to JMD
1 TON to $ 1,028.61 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 Loopring 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 Loopring 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 Loopring 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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