GNY
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 GNY(GNY) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 GNY at a value of 1 GNY for 1.15 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 GNY currency pair is the GNY to JMD, with for GNY's currency code being GNY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
GNY to JMD conversion rate trend
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In the past 1D, GNY has changed +0.32% to JMD. Based on the trend and price charts, GNY(GNY) has changed +0.32% to JMD while Jamaican Dollar(JMD) has changed % to GNY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $1.14 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/09/08 00:31:05(UTC+0)
How to buy GNY
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Buy GNY (GNY)
Use a variety of payment options to buy GNY on Bitget. We'll show you how.
Buy GNY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of GNY with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy GNY with USDT via Bitget spot market.
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Sell GNY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of GNY to JMD. However, you can first exchange GNY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of GNY to Jamaican Dollar?
GNY to Jamaican Dollar is falling this week.GNY's current market price is $ 1.15 per GNY, with a total market cap of $ 221,305,686.44 JMD based on a circulating supply of 192,376,660 GNY. The trading volume of GNY has changed by +69.28% ($ 3,000,629.62 JMD) in the last 24 hours. Last trading day, GNY's trading volume was $ 4,331,306.64.
Market cap
$1.41M
24h volume
$46.64K
Circulating supply
192.38M GNY
Conversion tables
The exchange rate of GNY is decreasing.1 GNY is currently valued at $ 1.15 JMD , which means buying 5 GNY will cost $ 5.75 JMD . Similarly, $1 JMD can be traded for 0.8693 GNY, and $50 JMD can be converted to 43.46 GNY, excluding any platform or gas fees.
The exchange rate of 1 GNY to Jamaican Dollar has changed by -11.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.32%, reaching a high of 1.16 JMD and a low of 1.08 JMD . One month ago, the value of 1 GNY was $ 1.27 JMD , which represents a -9.66% change from its current value. Over the last year, GNY has changed by , resulting in a change of -52.27% in its value.
-$
1.26JMDGNY to JMD
Amount
08:24 am today
0.5 GNY
$0.5752
1 GNY
$1.15
5 GNY
$5.75
10 GNY
$11.5
50 GNY
$57.52
100 GNY
$115.04
500 GNY
$575.19
1000 GNY
$1,150.38
JMD to GNY
Amount08:24 am today
0.5JMD0.4346 GNY
1JMD0.8693 GNY
5JMD4.35 GNY
10JMD8.69 GNY
50JMD43.46 GNY
100JMD86.93 GNY
500JMD434.64 GNY
1000JMD869.28 GNY
Today vs. 24 hours ago
| Amount | 08:24 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GNY | $0.003659 | $0.003648 | +0.32% |
| 1 GNY | $0.007318 | $0.007295 | +0.32% |
| 5 GNY | $0.03659 | $0.03648 | +0.32% |
| 10 GNY | $0.07318 | $0.07295 | +0.32% |
| 50 GNY | $0.3659 | $0.3648 | +0.32% |
| 100 GNY | $0.7318 | $0.7295 | +0.32% |
| 500 GNY | $3.66 | $3.65 | +0.32% |
| 1000 GNY | $7.32 | $7.3 | +0.32% |
Today vs. 1 month ago
| Amount | 08:24 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GNY | $0.003659 | $0.004050 | -9.66% |
| 1 GNY | $0.007318 | $0.008100 | -9.66% |
| 5 GNY | $0.03659 | $0.04050 | -9.66% |
| 10 GNY | $0.07318 | $0.08100 | -9.66% |
| 50 GNY | $0.3659 | $0.4050 | -9.66% |
| 100 GNY | $0.7318 | $0.8100 | -9.66% |
| 500 GNY | $3.66 | $4.05 | -9.66% |
| 1000 GNY | $7.32 | $8.1 | -9.66% |
Today vs. 1 year ago
| Amount | 08:24 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GNY | $0.003659 | $0.007667 | -52.27% |
| 1 GNY | $0.007318 | $0.01533 | -52.27% |
| 5 GNY | $0.03659 | $0.07667 | -52.27% |
| 10 GNY | $0.07318 | $0.1533 | -52.27% |
| 50 GNY | $0.3659 | $0.7667 | -52.27% |
| 100 GNY | $0.7318 | $1.53 | -52.27% |
| 500 GNY | $3.66 | $7.67 | -52.27% |
| 1000 GNY | $7.32 | $15.33 | -52.27% |
GNY price prediction
What will the price of GNY be in 2025?
Based on GNY's historical price performance prediction model, the price of GNY is projected to reach $0.01360 in 2025.
What will the price of GNY be in 2030?
In 2030, the GNY price is expected to change by -20.00%. By the end of 2030, the GNY price is projected to reach $0.009950, with a cumulative ROI of +35.85%.
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Popular GNY conversions
Check out these popular currency conversions of GNY to several fiat currencies.
GNY to USD
1 GNY to $ 0.007318 USD
GNY to GBP
1 GNY to £ 0.005571 GBP
GNY to EUR
1 GNY to € 0.006599 EUR
GNY to KRW
1 GNY to ₩ 9.8 KRW
GNY to CAD
1 GNY to $ 0.009938 CAD
GNY to AUD
1 GNY to $ 0.01097 AUD
GNY to JPY
1 GNY to ¥ 1.04 JPY
GNY to BRL
1 GNY to R$ 0.04097 BRL
GNY to CNY
1 GNY to ¥ 0.05190 CNY
GNY to TWD
1 GNY to NT$ 0.2345 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in GNY.
DOGS to JMD
1 DOGS to $ -- JMD
Bitcoin to JMD
1 BTC to $ 8,548,170.32 JMD
Toncoin to JMD
1 TON to $ 743.45 JMD
Simon's Cat to JMD
1 CAT to $ -- JMD
Solana to JMD
1 SOL to $ 20,335.14 JMD
ChainGPT to JMD
1 CGPT to $ 18.04 JMD
MCOIN to JMD
1 MCOIN to $ 105.46 JMD
VISTA to JMD
1 VISTA to $ 3,463.07 JMD
Ethereum to JMD
1 ETH to $ 360,043.87 JMD
Dogecoin to JMD
1 DOGE to $ 15.02 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 GNY 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 GNY 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 GNY 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.
