TRU
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 TrueFi(TRU) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 TRU at a value of 1 TRU for 29.03 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 TrueFi currency pair is the TRU to JMD, with for TrueFi's currency code being TRU. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
TRU to JMD conversion rate trend
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In the past 1D, TrueFi has changed -1.45% to JMD. Based on the trend and price charts, TrueFi(TRU) has changed -1.45% to JMD while Jamaican Dollar(JMD) has changed % to TRU in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $29.37 | 0.0001% / 0.0004%  VIP | |
Binance | $29.31 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | $5.57 | 0.1000% / 0.1000% | Yes |
Huobi | $29.4 | 0.1000% / 0.1000% | Yes |
Gate.io | $29.29 | 0.1000% / 0.1000% | Yes |
KuCoin | $29.25 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 16:00:20(UTC+0)
How to buy TrueFi
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Buy TrueFi (TRU)
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Learn MoreWhat factors influence the conversion rate of TrueFi to Jamaican Dollar?
TrueFi to Jamaican Dollar is rising this week.TrueFi's current market price is $ 29.03 per TRU, with a total market cap of $ 33,146,553,912.07 JMD based on a circulating supply of 1,141,899,800 TRU. The trading volume of TrueFi has changed by +26.08% ($ 1,891,967,420.13 JMD) in the last 24 hours. Last trading day, TRU's trading volume was $ 7,253,447,249.16.
Market cap
$213.14M
24h volume
$58.81M
Circulating supply
1.14B TRU
Conversion tables
The exchange rate of TrueFi is increasing.1 TRU is currently valued at $ 29.03 JMD , which means buying 5 TRU will cost $ 145.14 JMD . Similarly, $1 JMD can be traded for 0.03445 TRU, and $50 JMD can be converted to 1.72 TRU, excluding any platform or gas fees.
The exchange rate of 1 TRU to Jamaican Dollar has changed by +9.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.45%, reaching a high of 31.86 JMD and a low of 28.94 JMD . One month ago, the value of 1 TRU was $ 16.65 JMD , which represents a +74.18% change from its current value. Over the last year, TrueFi has changed by , resulting in a change of +273.51% in its value.
+$
21.29JMDTRU to JMD
Amount
16:34 today
0.5 TRU
$14.51
1 TRU
$29.03
5 TRU
$145.14
10 TRU
$290.28
50 TRU
$1,451.38
100 TRU
$2,902.76
500 TRU
$14,513.78
1000 TRU
$29,027.55
JMD to TRU
Amount16:34 today
0.5JMD0.01723 TRU
1JMD0.03445 TRU
5JMD0.1723 TRU
10JMD0.3445 TRU
50JMD1.72 TRU
100JMD3.45 TRU
500JMD17.23 TRU
1000JMD34.45 TRU
Today vs. 24 hours ago
| Amount | 16:34 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 TRU | $0.09333 | $0.09470 | -1.45% |
| 1 TRU | $0.1867 | $0.1894 | -1.45% |
| 5 TRU | $0.9333 | $0.9470 | -1.45% |
| 10 TRU | $1.87 | $1.89 | -1.45% |
| 50 TRU | $9.33 | $9.47 | -1.45% |
| 100 TRU | $18.67 | $18.94 | -1.45% |
| 500 TRU | $93.33 | $94.7 | -1.45% |
| 1000 TRU | $186.65 | $189.4 | -1.45% |
Today vs. 1 month ago
| Amount | 16:34 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 TRU | $0.09333 | $0.05352 | +74.18% |
| 1 TRU | $0.1867 | $0.1070 | +74.18% |
| 5 TRU | $0.9333 | $0.5352 | +74.18% |
| 10 TRU | $1.87 | $1.07 | +74.18% |
| 50 TRU | $9.33 | $5.35 | +74.18% |
| 100 TRU | $18.67 | $10.7 | +74.18% |
| 500 TRU | $93.33 | $53.52 | +74.18% |
| 1000 TRU | $186.65 | $107.04 | +74.18% |
Today vs. 1 year ago
| Amount | 16:34 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 TRU | $0.09333 | $0.02488 | +273.51% |
| 1 TRU | $0.1867 | $0.04976 | +273.51% |
| 5 TRU | $0.9333 | $0.2488 | +273.51% |
| 10 TRU | $1.87 | $0.4976 | +273.51% |
| 50 TRU | $9.33 | $2.49 | +273.51% |
| 100 TRU | $18.67 | $4.98 | +273.51% |
| 500 TRU | $93.33 | $24.88 | +273.51% |
| 1000 TRU | $186.65 | $49.76 | +273.51% |
TrueFi price prediction
What will the price of TRU be in 2025?
Based on TRU's historical price performance prediction model, the price of TRU is projected to reach $0.2936 in 2025.
What will the price of TRU be in 2030?
In 2030, the TRU price is expected to rise by 0.00%. By the end of 2030, the TRU price is projected to reach $0.7002, with a cumulative ROI of +275.13%.
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Popular TrueFi conversions
Check out these popular currency conversions of TrueFi to several fiat currencies.
TrueFi to USD
1 TRU to $ 0.1867 USD
TrueFi to GBP
1 TRU to £ 0.1465 GBP
TrueFi to EUR
1 TRU to € 0.1719 EUR
TrueFi to KRW
1 TRU to ₩ 258.16 KRW
TrueFi to CAD
1 TRU to $ 0.2548 CAD
TrueFi to AUD
1 TRU to $ 0.2802 AUD
TrueFi to JPY
1 TRU to ¥ 29.35 JPY
TrueFi to BRL
1 TRU to R$ 0.9792 BRL
TrueFi to CNY
1 TRU to ¥ 1.35 CNY
TrueFi to TWD
1 TRU to NT$ 6.06 TWD
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1 MEW to $ 0.7162 JMD
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1 BRETT to $ -- JMD
Pepe to JMD
1 PEPE to $ 0.002272 JMD
Ondo to JMD
1 ONDO to $ 211 JMD
JasmyCoin to JMD
1 JASMY to $ 5.77 JMD
Bitcoin to JMD
1 BTC to $ 10,574,353.63 JMD
Toncoin to JMD
1 TON to $ 1,010.96 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 TrueFi 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 TrueFi 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 TrueFi 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.
