GROGGO to JMD Converter and calculator


Conversion rates
Convert GROGGO to JMD
Convert JMD to GROGGO
GROGGO to JMD chart
GROGGO to JMD conversion data: Volatility and price changes of Groggo By Matt Furie in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.08682 JMD | 0.09253 JMD | 0.1175 JMD | 0.2949 JMD |
Low | 0.08498 JMD | 0.07634 JMD | 0.07199 JMD | 0.07199 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | -1.52% | +6.77% | -25.12% | -71.12% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Groggo By Matt Furie information
GROGGO to JMD market statistics
Current GROGGO to JMD exchange rate
Groggo By Matt Furie to Jamaican Dollar is rising this week.More info about Groggo By Matt Furie 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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GROGGO to JMD Conversion tables
Amount | 16:59 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GROGGO | $0.04275 | $0.04341 | -1.52% |
1 GROGGO | $0.08550 | $0.08682 | -1.52% |
5 GROGGO | $0.4275 | $0.4341 | -1.52% |
10 GROGGO | $0.8550 | $0.8682 | -1.52% |
50 GROGGO | $4.27 | $4.34 | -1.52% |
100 GROGGO | $8.55 | $8.68 | -1.52% |
500 GROGGO | $42.75 | $43.41 | -1.52% |
1000 GROGGO | $85.5 | $86.82 | -1.52% |
GROGGO to JMD FAQ
What factors influence the conversion rate of GROGGO to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Groggo By Matt Furie in the US is $0.0005344 USD. Additionally, Groggo By Matt Furie’s price is €0.0004573 EUR in the eurozone, £0.0003955 GBP in the UK, C$0.0007354 CAD in Canada, ₹0.04680 INR in India, ₨0.1518 PKR in Pakistan, R$0.002884 BRL in Brazil, and more.
The most popular Groggo By Matt Furie currency pair is the GROGGO to Jamaican Dollar(JMD). The price of 1 Groggo By Matt Furie (GROGGO) in Jamaican Dollar (JMD) is $0.08550.
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