Tayvis to JMD Converter and calculator

Conversion rates
Convert Tayvis to JMD
Convert JMD to Tayvis
Tayvis to JMD chart
Tayvis to JMD conversion data: Volatility and price changes of Tayvis in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
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High | 0 JMD | -- JMD | -- JMD | -- JMD |
Low | 0 JMD | -- JMD | -- JMD | -- JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | -- | -- | -- | -- |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Tayvis information
Tayvis to JMD market statistics
Current Tayvis to JMD exchange rate
Tayvis to Jamaican Dollar is falling this week.More info about Tayvis 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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Tayvis to JMD Conversion tables
Amount | 19:35 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 Tayvis | $0.002558 | $-- | 0.00% |
1 Tayvis | $0.005115 | $-- | 0.00% |
5 Tayvis | $0.02558 | $-- | 0.00% |
10 Tayvis | $0.05115 | $-- | 0.00% |
50 Tayvis | $0.2558 | $-- | 0.00% |
100 Tayvis | $0.5115 | $-- | 0.00% |
500 Tayvis | $2.56 | $-- | 0.00% |
1000 Tayvis | $5.12 | $-- | 0.00% |
Tayvis to JMD FAQ
What factors influence the conversion rate of Tayvis to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Tayvis in the US is $0.{4}3188 USD. Additionally, Tayvis’s price is €0.{4}2716 EUR in the eurozone, £0.{4}2349 GBP in the UK, C$0.{4}4412 CAD in Canada, ₹0.002814 INR in India, ₨0.008975 PKR in Pakistan, R$0.0001706 BRL in Brazil, and more.
The most popular Tayvis currency pair is the Tayvis to Jamaican Dollar(JMD). The price of 1 Tayvis (Tayvis) in Jamaican Dollar (JMD) is $0.005115.
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