BUD to JMD Converter and calculator


Conversion rates
Convert BUD to JMD
Convert JMD to BUD
BUD to JMD chart
BUD to JMD conversion data: Volatility and price changes of Big Bud in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{7}2380 JMD | 0.{7}2380 JMD | 0.{7}3291 JMD | 0.{7}4159 JMD |
Low | 0.{7}2154 JMD | 0.{7}2095 JMD | 0.{7}2095 JMD | 0.{7}1818 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | +10.48% | +7.94% | +0.11% | +15.50% |
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BUD to JMD market statistics
Current BUD to JMD exchange rate
Big Bud to Jamaican Dollar is rising this week.More info about Big Bud on Bitget
Jamaican Dollar 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.
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BUD to JMD Conversion tables
Amount | 11:40 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BUD | $0.{7}1190 | $0.{7}1077 | +10.48% |
1 BUD | $0.{7}2380 | $0.{7}2154 | +10.48% |
5 BUD | $0.{6}1190 | $0.{6}1077 | +10.48% |
10 BUD | $0.{6}2380 | $0.{6}2154 | +10.48% |
50 BUD | $0.{5}1190 | $0.{5}1077 | +10.48% |
100 BUD | $0.{5}2380 | $0.{5}2154 | +10.48% |
500 BUD | $0.{4}1190 | $0.{4}1077 | +10.48% |
1000 BUD | $0.{4}2380 | $0.{4}2154 | +10.48% |
BUD to JMD FAQ
What factors influence the conversion rate of BUD to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Big Bud in the US is $0.{9}1485 USD. Additionally, Big Bud’s price is €0.{9}1267 EUR in the eurozone, £0.{9}1098 GBP in the UK, C$0.{9}2055 CAD in Canada, ₹0.{7}1297 INR in India, ₨0.{7}4211 PKR in Pakistan, R$0.{9}8050 BRL in Brazil, and more.
The most popular Big Bud currency pair is the BUD to Jamaican Dollar(JMD). The price of 1 Big Bud (BUD) in Jamaican Dollar (JMD) is $0.{7}2380.
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