FERMA
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 FERMA SOSEDI(FERMA) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 FERMA at a value of 1 FERMA for 15.43 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 FERMA SOSEDI currency pair is the FERMA to JMD, with for FERMA SOSEDI's currency code being FERMA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
FERMA to JMD conversion rate trend
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In the past 1D, FERMA SOSEDI has changed -3.61% to JMD. Based on the trend and price charts, FERMA SOSEDI(FERMA) has changed -3.61% to JMD while Jamaican Dollar(JMD) has changed % to FERMA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $15.74 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/29 00:32:40(UTC+0)
How to buy FERMA SOSEDI
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy FERMA SOSEDI (FERMA)
Use a variety of payment options to buy FERMA SOSEDI on Bitget. We'll show you how.
Buy FERMA (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of FERMA with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy FERMA with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell FERMA (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of FERMA to JMD. However, you can first exchange FERMA 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 FERMA SOSEDI to Jamaican Dollar?
FERMA SOSEDI to Jamaican Dollar is rising this week.FERMA SOSEDI's current market price is $ 15.43 per FERMA, with a total market cap of $ 0 JMD based on a circulating supply of -- FERMA. The trading volume of FERMA SOSEDI has changed by -6.94% ($ -181,837.63 JMD) in the last 24 hours. Last trading day, FERMA's trading volume was $ 2,621,045.21.
Market cap
$0
24h volume
$15.65K
Circulating supply
0 FERMA
Conversion tables
The exchange rate of FERMA SOSEDI is decreasing.1 FERMA is currently valued at $ 15.43 JMD , which means buying 5 FERMA will cost $ 77.17 JMD . Similarly, $1 JMD can be traded for 0.06479 FERMA, and $50 JMD can be converted to 3.24 FERMA, excluding any platform or gas fees.
The exchange rate of 1 FERMA to Jamaican Dollar has changed by +1.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.61%, reaching a high of 16.32 JMD and a low of 15.4 JMD . One month ago, the value of 1 FERMA was $ 17.35 JMD , which represents a -11.03% change from its current value. Over the last year, FERMA SOSEDI has changed by , resulting in a change of +27.52% in its value.
+$
3.33JMDFERMA to JMD
Amount
05:22 am today
0.5 FERMA
$7.72
1 FERMA
$15.43
5 FERMA
$77.17
10 FERMA
$154.34
50 FERMA
$771.69
100 FERMA
$1,543.38
500 FERMA
$7,716.9
1000 FERMA
$15,433.8
JMD to FERMA
Amount05:22 am today
0.5JMD0.03240 FERMA
1JMD0.06479 FERMA
5JMD0.3240 FERMA
10JMD0.6479 FERMA
50JMD3.24 FERMA
100JMD6.48 FERMA
500JMD32.4 FERMA
1000JMD64.79 FERMA
Today vs. 24 hours ago
| Amount | 05:22 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FERMA | $0.04952 | $0.05137 | -3.61% |
| 1 FERMA | $0.09903 | $0.1027 | -3.61% |
| 5 FERMA | $0.4952 | $0.5137 | -3.61% |
| 10 FERMA | $0.9903 | $1.03 | -3.61% |
| 50 FERMA | $4.95 | $5.14 | -3.61% |
| 100 FERMA | $9.9 | $10.27 | -3.61% |
| 500 FERMA | $49.52 | $51.37 | -3.61% |
| 1000 FERMA | $99.03 | $102.74 | -3.61% |
Today vs. 1 month ago
| Amount | 05:22 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FERMA | $0.04952 | $0.05565 | -11.03% |
| 1 FERMA | $0.09903 | $0.1113 | -11.03% |
| 5 FERMA | $0.4952 | $0.5565 | -11.03% |
| 10 FERMA | $0.9903 | $1.11 | -11.03% |
| 50 FERMA | $4.95 | $5.57 | -11.03% |
| 100 FERMA | $9.9 | $11.13 | -11.03% |
| 500 FERMA | $49.52 | $55.65 | -11.03% |
| 1000 FERMA | $99.03 | $111.31 | -11.03% |
Today vs. 1 year ago
| Amount | 05:22 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FERMA | $0.04952 | $0.03883 | +27.52% |
| 1 FERMA | $0.09903 | $0.07766 | +27.52% |
| 5 FERMA | $0.4952 | $0.3883 | +27.52% |
| 10 FERMA | $0.9903 | $0.7766 | +27.52% |
| 50 FERMA | $4.95 | $3.88 | +27.52% |
| 100 FERMA | $9.9 | $7.77 | +27.52% |
| 500 FERMA | $49.52 | $38.83 | +27.52% |
| 1000 FERMA | $99.03 | $77.66 | +27.52% |
FERMA SOSEDI price prediction
What will the price of FERMA be in 2025?
Based on FERMA's historical price performance prediction model, the price of FERMA is projected to reach $0.09818 in 2025.
What will the price of FERMA be in 2030?
In 2030, the FERMA price is expected to change by -1.00%. By the end of 2030, the FERMA price is projected to reach $0.1813, with a cumulative ROI of +83.10%.
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Popular FERMA SOSEDI conversions
Check out these popular currency conversions of FERMA SOSEDI to several fiat currencies.
FERMA SOSEDI to USD
1 FERMA to $ 0.09903 USD
FERMA SOSEDI to GBP
1 FERMA to £ 0.07877 GBP
FERMA SOSEDI to EUR
1 FERMA to € 0.09496 EUR
FERMA SOSEDI to KRW
1 FERMA to ₩ 145.96 KRW
FERMA SOSEDI to CAD
1 FERMA to $ 0.1428 CAD
FERMA SOSEDI to AUD
1 FERMA to $ 0.1593 AUD
FERMA SOSEDI to JPY
1 FERMA to ¥ 15.63 JPY
FERMA SOSEDI to BRL
1 FERMA to R$ 0.6136 BRL
FERMA SOSEDI to CNY
1 FERMA to ¥ 0.7231 CNY
FERMA SOSEDI to TWD
1 FERMA to NT$ 3.25 TWD
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Steem to JMD
1 STEEM to $ 49.58 JMD
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1 ROSE to $ 14.45 JMD
SPX6900 to 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 FERMA SOSEDI 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 FERMA SOSEDI 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 FERMA SOSEDI 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.
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.
