FAVR
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 FAVOR(FAVR) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 FAVR at a value of 1 FAVR for 0.19 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 FAVOR currency pair is the FAVR to JMD, with for FAVOR's currency code being FAVR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
FAVR to JMD conversion rate trend
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In the past 1D, FAVOR has changed -30.43% to JMD. Based on the trend and price charts, FAVOR(FAVR) has changed -30.43% to JMD while Jamaican Dollar(JMD) has changed % to FAVR in the last 24 hours.
Conversion rate comparison of various exchanges
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Last updated 2024/12/13 00:00:10(UTC+0)
How to buy FAVOR
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 FAVOR (FAVR)
Use a variety of payment options to buy FAVOR on Bitget. We'll show you how.
Buy FAVR (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of FAVR with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy FAVR with USDT via Bitget spot market.
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Sell FAVR (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of FAVR to JMD. However, you can first exchange FAVR for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of FAVOR to Jamaican Dollar?
FAVOR to Jamaican Dollar is falling this week.FAVOR's current market price is $ 0.1870 per FAVR, with a total market cap of $ 0 JMD based on a circulating supply of -- FAVR. The trading volume of FAVOR has changed by +171.67% ($ 640,643.56 JMD) in the last 24 hours. Last trading day, FAVR's trading volume was $ 373,180.78.
Market cap
$0
24h volume
$6.48K
Circulating supply
0 FAVR
Conversion tables
The exchange rate of FAVOR is decreasing.1 FAVR is currently valued at $ 0.1870 JMD , which means buying 5 FAVR will cost $ 0.9350 JMD . Similarly, $1 JMD can be traded for 5.35 FAVR, and $50 JMD can be converted to 267.37 FAVR, excluding any platform or gas fees.
The exchange rate of 1 FAVR to Jamaican Dollar has changed by -57.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by -30.43%, reaching a high of 0.3062 JMD and a low of 0.1718 JMD . One month ago, the value of 1 FAVR was $ 0.8571 JMD , which represents a -78.18% change from its current value. Over the last year, FAVOR has changed by , resulting in a change of -94.68% in its value.
-$
3.33JMDFAVR to JMD
Amount
08:52 am today
0.5 FAVR
$0.09350
1 FAVR
$0.1870
5 FAVR
$0.9350
10 FAVR
$1.87
50 FAVR
$9.35
100 FAVR
$18.7
500 FAVR
$93.5
1000 FAVR
$187.01
JMD to FAVR
Amount08:52 am today
0.5JMD2.67 FAVR
1JMD5.35 FAVR
5JMD26.74 FAVR
10JMD53.47 FAVR
50JMD267.37 FAVR
100JMD534.74 FAVR
500JMD2,673.7 FAVR
1000JMD5,347.41 FAVR
Today vs. 24 hours ago
| Amount | 08:52 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FAVR | $0.0005978 | $0.0008593 | -30.43% |
| 1 FAVR | $0.001196 | $0.001719 | -30.43% |
| 5 FAVR | $0.005978 | $0.008593 | -30.43% |
| 10 FAVR | $0.01196 | $0.01719 | -30.43% |
| 50 FAVR | $0.05978 | $0.08593 | -30.43% |
| 100 FAVR | $0.1196 | $0.1719 | -30.43% |
| 500 FAVR | $0.5978 | $0.8593 | -30.43% |
| 1000 FAVR | $1.2 | $1.72 | -30.43% |
Today vs. 1 month ago
| Amount | 08:52 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FAVR | $0.0005978 | $0.002740 | -78.18% |
| 1 FAVR | $0.001196 | $0.005479 | -78.18% |
| 5 FAVR | $0.005978 | $0.02740 | -78.18% |
| 10 FAVR | $0.01196 | $0.05479 | -78.18% |
| 50 FAVR | $0.05978 | $0.2740 | -78.18% |
| 100 FAVR | $0.1196 | $0.5479 | -78.18% |
| 500 FAVR | $0.5978 | $2.74 | -78.18% |
| 1000 FAVR | $1.2 | $5.48 | -78.18% |
Today vs. 1 year ago
| Amount | 08:52 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FAVR | $0.0005978 | $0.01125 | -94.68% |
| 1 FAVR | $0.001196 | $0.02249 | -94.68% |
| 5 FAVR | $0.005978 | $0.1125 | -94.68% |
| 10 FAVR | $0.01196 | $0.2249 | -94.68% |
| 50 FAVR | $0.05978 | $1.12 | -94.68% |
| 100 FAVR | $0.1196 | $2.25 | -94.68% |
| 500 FAVR | $0.5978 | $11.25 | -94.68% |
| 1000 FAVR | $1.2 | $22.49 | -94.68% |
FAVOR price prediction
What will the price of FAVR be in 2025?
Based on FAVR's historical price performance prediction model, the price of FAVR is projected to reach $0.005945 in 2025.
What will the price of FAVR be in 2030?
In 2030, the FAVR price is expected to change by +2.00%. By the end of 2030, the FAVR price is projected to reach $0.01026, with a cumulative ROI of +196.02%.
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Popular FAVOR conversions
Check out these popular currency conversions of FAVOR to several fiat currencies.
FAVOR to USD
1 FAVR to $ 0.001196 USD
FAVOR to GBP
1 FAVR to £ 0.0009509 GBP
FAVOR to EUR
1 FAVR to € 0.001146 EUR
FAVOR to KRW
1 FAVR to ₩ 1.73 KRW
FAVOR to CAD
1 FAVR to $ 0.001719 CAD
FAVOR to AUD
1 FAVR to $ 0.001912 AUD
FAVOR to JPY
1 FAVR to ¥ 0.1871 JPY
FAVOR to BRL
1 FAVR to R$ 0.007276 BRL
FAVOR to CNY
1 FAVR to ¥ 0.008725 CNY
FAVOR to TWD
1 FAVR to NT$ 0.03901 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in FAVOR.
XRP to JMD
1 XRP to $ 364.49 JMD
Ethereum to JMD
1 ETH to $ 545,195.49 JMD
Horizen to JMD
1 ZEN to $ 4,285.25 JMD
Bitcoin to JMD
1 BTC to $ 15,403,113.76 JMD
Sui to JMD
1 SUI to $ 738.66 JMD
Dogecoin to JMD
1 DOGE to $ 53.16 JMD
Solana to JMD
1 SOL to $ 30,820.6 JMD
Pepe to JMD
1 PEPE to $ 0.003006 JMD
Bonk to JMD
1 BONK to $ 0.005348 JMD
Cardano to JMD
1 ADA to $ 151.93 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 FAVOR 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 FAVOR 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 FAVOR 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.
