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DREP
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 Drep [new](DREP) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 DREP at a value of 1 DREP for 0.77 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 Drep [new] currency pair is the DREP to JMD, with for Drep [new]'s currency code being DREP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
DREP to JMD conversion rate trend
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In the past 1D, Drep [new] has changed -3.20% to JMD. Based on the trend and price charts, Drep [new](DREP) has changed -3.20% to JMD while Jamaican Dollar(JMD) has changed % to DREP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $3.25 | 0.0200% / 0.0320%  VIP 7 | |
Binance | $4.06 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.7171 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/02 08:00:19(UTC+0)
How to buy Drep [new]
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 Drep [new] (DREP)
Use a variety of payment options to buy Drep [new] on Bitget. We'll show you how.
Buy DREP (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of DREP with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy DREP 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 DREP (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of DREP to JMD. However, you can first exchange DREP 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 Drep [new] to Jamaican Dollar?
Drep [new] to Jamaican Dollar is falling this week.Drep [new]'s current market price is $ 0.7734 per DREP, with a total market cap of $ 77,344,858.77 JMD based on a circulating supply of 100,000,000 DREP. The trading volume of Drep [new] has changed by +41.40% ($ 70,716.73 JMD) in the last 24 hours. Last trading day, DREP's trading volume was $ 170,805.53.
Market cap
$487.87K
24h volume
$1.52K
Circulating supply
100.00M DREP
Conversion tables
The exchange rate of Drep [new] is decreasing.1 DREP is currently valued at $ 0.7734 JMD , which means buying 5 DREP will cost $ 3.87 JMD . Similarly, $1 JMD can be traded for 1.29 DREP, and $50 JMD can be converted to 64.65 DREP, excluding any platform or gas fees.
The exchange rate of 1 DREP to Jamaican Dollar has changed by -19.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.20%, reaching a high of 0.8104 JMD and a low of 0.7167 JMD . One month ago, the value of 1 DREP was $ 0.9510 JMD , which represents a -18.67% change from its current value. Over the last year, Drep [new] has changed by , resulting in a change of -98.10% in its value.
-$
39.91JMDDREP to JMD
Amount
14:23 today
0.5 DREP
$0.3867
1 DREP
$0.7734
5 DREP
$3.87
10 DREP
$7.73
50 DREP
$38.67
100 DREP
$77.34
500 DREP
$386.72
1000 DREP
$773.45
JMD to DREP
Amount14:23 today
0.5JMD0.6465 DREP
1JMD1.29 DREP
5JMD6.46 DREP
10JMD12.93 DREP
50JMD64.65 DREP
100JMD129.29 DREP
500JMD646.46 DREP
1000JMD1,292.91 DREP
Today vs. 24 hours ago
| Amount | 14:23 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DREP | $0.002439 | $0.002520 | -3.20% |
| 1 DREP | $0.004879 | $0.005040 | -3.20% |
| 5 DREP | $0.02439 | $0.02520 | -3.20% |
| 10 DREP | $0.04879 | $0.05040 | -3.20% |
| 50 DREP | $0.2439 | $0.2520 | -3.20% |
| 100 DREP | $0.4879 | $0.5040 | -3.20% |
| 500 DREP | $2.44 | $2.52 | -3.20% |
| 1000 DREP | $4.88 | $5.04 | -3.20% |
Today vs. 1 month ago
| Amount | 14:23 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DREP | $0.002439 | $0.002999 | -18.67% |
| 1 DREP | $0.004879 | $0.005999 | -18.67% |
| 5 DREP | $0.02439 | $0.02999 | -18.67% |
| 10 DREP | $0.04879 | $0.05999 | -18.67% |
| 50 DREP | $0.2439 | $0.2999 | -18.67% |
| 100 DREP | $0.4879 | $0.5999 | -18.67% |
| 500 DREP | $2.44 | $3 | -18.67% |
| 1000 DREP | $4.88 | $6 | -18.67% |
Today vs. 1 year ago
| Amount | 14:23 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DREP | $0.002439 | $0.1283 | -98.10% |
| 1 DREP | $0.004879 | $0.2566 | -98.10% |
| 5 DREP | $0.02439 | $1.28 | -98.10% |
| 10 DREP | $0.04879 | $2.57 | -98.10% |
| 50 DREP | $0.2439 | $12.83 | -98.10% |
| 100 DREP | $0.4879 | $25.66 | -98.10% |
| 500 DREP | $2.44 | $128.31 | -98.10% |
| 1000 DREP | $4.88 | $256.62 | -98.10% |
Drep [new] price prediction
What will the price of DREP be in 2025?
Based on DREP's historical price performance prediction model, the price of DREP is projected to reach $0.04142 in 2025.
What will the price of DREP be in 2030?
In 2030, the DREP price is expected to change by -18.00%. By the end of 2030, the DREP price is projected to reach $0.06084, with a cumulative ROI of +902.92%.
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Popular Drep [new] conversions
Check out these popular currency conversions of Drep [new] to several fiat currencies.
Drep [new] to USD
1 DREP to $ 0.004879 USD
Drep [new] to GBP
1 DREP to £ 0.003774 GBP
Drep [new] to EUR
1 DREP to € 0.004488 EUR
Drep [new] to KRW
1 DREP to ₩ 6.73 KRW
Drep [new] to CAD
1 DREP to $ 0.006814 CAD
Drep [new] to AUD
1 DREP to $ 0.007439 AUD
Drep [new] to JPY
1 DREP to ¥ 0.7466 JPY
Drep [new] to BRL
1 DREP to R$ 0.02864 BRL
Drep [new] to CNY
1 DREP to ¥ 0.03477 CNY
Drep [new] to TWD
1 DREP to NT$ 0.1558 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Drep [new].
Bitcoin to JMD
1 BTC to $ 10,976,793.35 JMD
Grass to JMD
1 GRASS to $ -- JMD
Solana to JMD
1 SOL to $ 25,962.82 JMD
Sui to JMD
1 SUI to $ 304.34 JMD
Dogecoin to JMD
1 DOGE to $ 24.88 JMD
Ethereum to JMD
1 ETH to $ 393,333.08 JMD
Pepe to JMD
1 PEPE to $ 0.001371 JMD
Virtuals Protocol to JMD
1 VIRTUAL to $ 71.15 JMD
Goatseus Maximus to JMD
1 GOAT to $ 75.16 JMD
BNB to JMD
1 BNB to $ 89,629.47 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 Drep [new] 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 Drep [new] 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 Drep [new] 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.
