GRV
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 Grove Coin(GRV) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 GRV at a value of 1 GRV for 1.63 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 Grove Coin currency pair is the GRV to JMD, with for Grove Coin's currency code being GRV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
GRV to JMD conversion rate trend
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In the past 1D, Grove Coin has changed +0.12% to JMD. Based on the trend and price charts, Grove Coin(GRV) has changed +0.12% to JMD while Jamaican Dollar(JMD) has changed % to GRV in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $8.88 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | $1.57 | 0.1000% / 0.1000% | Yes |
Gate.io | $1.56 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/03 16:00:16(UTC+0)
How to buy Grove Coin
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 Grove Coin (GRV)
Use a variety of payment options to buy Grove Coin on Bitget. We'll show you how.
Buy GRV (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of GRV with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy GRV 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 GRV (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of GRV to JMD. However, you can first exchange GRV 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 Grove Coin to Jamaican Dollar?
Grove Coin to Jamaican Dollar is falling this week.Grove Coin's current market price is $ 1.63 per GRV, with a total market cap of $ 154,955,621.17 JMD based on a circulating supply of 95,083,336 GRV. The trading volume of Grove Coin has changed by +67.09% ($ 20,900,778.84 JMD) in the last 24 hours. Last trading day, GRV's trading volume was $ 31,153,019.48.
Market cap
$978.78K
24h volume
$328.80K
Circulating supply
95.08M GRV
Conversion tables
The exchange rate of Grove Coin is decreasing.1 GRV is currently valued at $ 1.63 JMD , which means buying 5 GRV will cost $ 8.15 JMD . Similarly, $1 JMD can be traded for 0.6136 GRV, and $50 JMD can be converted to 30.68 GRV, excluding any platform or gas fees.
The exchange rate of 1 GRV to Jamaican Dollar has changed by -7.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.12%, reaching a high of 1.68 JMD and a low of 1.54 JMD . One month ago, the value of 1 GRV was $ 1.77 JMD , which represents a -8.23% change from its current value. Over the last year, Grove Coin has changed by , resulting in a change of -94.76% in its value.
-$
28.9JMDGRV to JMD
Amount
00:03 am today
0.5 GRV
$0.8148
1 GRV
$1.63
5 GRV
$8.15
10 GRV
$16.3
50 GRV
$81.48
100 GRV
$162.97
500 GRV
$814.84
1000 GRV
$1,629.68
JMD to GRV
Amount00:03 am today
0.5JMD0.3068 GRV
1JMD0.6136 GRV
5JMD3.07 GRV
10JMD6.14 GRV
50JMD30.68 GRV
100JMD61.36 GRV
500JMD306.81 GRV
1000JMD613.62 GRV
Today vs. 24 hours ago
| Amount | 00:03 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GRV | $0.005147 | $0.005141 | +0.12% |
| 1 GRV | $0.01029 | $0.01028 | +0.12% |
| 5 GRV | $0.05147 | $0.05141 | +0.12% |
| 10 GRV | $0.1029 | $0.1028 | +0.12% |
| 50 GRV | $0.5147 | $0.5141 | +0.12% |
| 100 GRV | $1.03 | $1.03 | +0.12% |
| 500 GRV | $5.15 | $5.14 | +0.12% |
| 1000 GRV | $10.29 | $10.28 | +0.12% |
Today vs. 1 month ago
| Amount | 00:03 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GRV | $0.005147 | $0.005600 | -8.23% |
| 1 GRV | $0.01029 | $0.01120 | -8.23% |
| 5 GRV | $0.05147 | $0.05600 | -8.23% |
| 10 GRV | $0.1029 | $0.1120 | -8.23% |
| 50 GRV | $0.5147 | $0.5600 | -8.23% |
| 100 GRV | $1.03 | $1.12 | -8.23% |
| 500 GRV | $5.15 | $5.6 | -8.23% |
| 1000 GRV | $10.29 | $11.2 | -8.23% |
Today vs. 1 year ago
| Amount | 00:03 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GRV | $0.005147 | $0.09643 | -94.76% |
| 1 GRV | $0.01029 | $0.1929 | -94.76% |
| 5 GRV | $0.05147 | $0.9643 | -94.76% |
| 10 GRV | $0.1029 | $1.93 | -94.76% |
| 50 GRV | $0.5147 | $9.64 | -94.76% |
| 100 GRV | $1.03 | $19.29 | -94.76% |
| 500 GRV | $5.15 | $96.43 | -94.76% |
| 1000 GRV | $10.29 | $192.86 | -94.76% |
Grove Coin price prediction
What will the price of GRV be in 2025?
Based on GRV's historical price performance prediction model, the price of GRV is projected to reach $0.02908 in 2025.
What will the price of GRV be in 2030?
In 2030, the GRV price is expected to change by -17.00%. By the end of 2030, the GRV price is projected to reach $0.04823, with a cumulative ROI of +372.96%.
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Popular Grove Coin conversions
Check out these popular currency conversions of Grove Coin to several fiat currencies.
Grove Coin to USD
1 GRV to $ 0.01029 USD
Grove Coin to GBP
1 GRV to £ 0.007937 GBP
Grove Coin to EUR
1 GRV to € 0.009460 EUR
Grove Coin to KRW
1 GRV to ₩ 14.21 KRW
Grove Coin to CAD
1 GRV to $ 0.01433 CAD
Grove Coin to AUD
1 GRV to $ 0.01557 AUD
Grove Coin to JPY
1 GRV to ¥ 1.57 JPY
Grove Coin to BRL
1 GRV to R$ 0.05868 BRL
Grove Coin to CNY
1 GRV to ¥ 0.07323 CNY
Grove Coin to TWD
1 GRV to NT$ 0.3288 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Grove Coin.
Grass to JMD
1 GRASS to $ -- JMD
Bitcoin to JMD
1 BTC to $ 10,895,217.1 JMD
Solana to JMD
1 SOL to $ 25,772.68 JMD
Sui to JMD
1 SUI to $ 308.1 JMD
Goatseus Maximus to JMD
1 GOAT to $ 84.05 JMD
Ethereum to JMD
1 ETH to $ 389,128.79 JMD
CARV to JMD
1 CARV to $ 127.85 JMD
Dogecoin to JMD
1 DOGE to $ 24.04 JMD
Pepe to JMD
1 PEPE to $ 0.001296 JMD
Bittensor to JMD
1 TAO to $ 68,864.44 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 Grove Coin 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 Grove Coin 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 Grove Coin 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.
