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RTM to JMD Converter and calculator

RTM/JMD: 1 RTM = 0.04142 JMD. The price of converting 1 Raptoreum (RTM) to Jamaican Dollar (JMD) is 0.04142 JMD today.
RTM
RTM
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RTM to JMD real-time exchange rates, making it easy to convert Raptoreum (RTM) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 RTM is currently valued at 0.04 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RTM is currently valued at 0.04 JMD, which means buying 5 RTM would cost 0.21 JMD. Similarly, $1 JMD can be converted to 24.14 RTM, and $50 JMD can be converted to 120.72 RTM, excluding any platform or gas fees.

Convert RTM to JMD

Convert JMD to RTM

Raptoreum
Jamaican Dollar
In the table above, you'll find a comprehensive RTM to JMD converter that shows the value of Raptoreum in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 RTM to JMD, all the way up to 10000 RTM, providing a clear view of their respective values.
Jamaican Dollar
Raptoreum
5000 JMD
120,715.02 RTM
10000 JMD
241,430.04 RTM
50000 JMD
1,207,150.18 RTM
100000 JMD
2,414,300.36 RTM
In the table above, you'll find a comprehensive JMD to RTM converter that shows the value of Jamaican Dollar in Raptoreum across commonly used conversion amounts. The list covers conversions from 1 JMD to RTM, all the way up to 100000 JMD, providing a clear view of their respective values.

RTM to JMD chart

RTM/JMD: 1 RTM = 0.04142 JMD; 2025/04/26 23:49:28
In the past 1D, Raptoreum has changed +2.93% to JMD. Based on the trend and price charts, Raptoreum(RTM) has changed +2.93% to JMD while Jamaican Dollar(JMD) has changed % to RTM in the last 24 hours.
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RTM to JMD conversion data: Volatility and price changes of Raptoreum in JMD

The highest Raptoreum price in JMD over the past 7 days was 0.04637 JMD while the lowest Raptoreum price in JMD over the past 7 days was 0.03307 JMD. The relative change between the highs and lows in Raptoreum price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and RTM to JMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.04268 JMD
0.04637 JMD
0.04896 JMD
0.07574 JMD
Low
0.03966 JMD
0.03307 JMD
0.02271 JMD
0.01725 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+2.93%
+7.84%
-11.38%
-45.18%

Raptoreum information

RTM to JMD market statistics

RTM/JMD:
$0.04142
RTM 24h volume:
$4,778,466.82
RTM market cap:
--
RTM circulating supply:
0 RTM

Current RTM to JMD exchange rate

Raptoreum to Jamaican Dollar is rising this week.
Raptoreum's current market price is $0.04142 per RTM, with a total market cap of $0 JMD based on a circulating supply of -- RTM. The trading volume of Raptoreum has changed by +3.17% ($146,939.83 JMD) in the last 24 hours. Last trading day, RTM's trading volume was $4,631,526.99.

More info about Raptoreum 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.

Bitget crypto-to-fiat exchange data shows that the most popular Raptoreum currency pair is the RTM to JMD, with for Raptoreum's currency code being RTM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert RTM to JMD

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RTM to JMD Conversion tables

The exchange rate of Raptoreum is decreasing.
The exchange rate of 1 RTM to Jamaican Dollar has changed by +7.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.93%, reaching a high of 0.04268 JMD and a low of 0.03966 JMD . One month ago, the value of 1 RTM was $0.04674 JMD , which represents a -11.38% change from its current value. Over the last year, Raptoreum has changed by
-$
0.1653JMD
, resulting in a change of -79.96% in its value.
24 hours ago1 month ago1 year ago
Amount23:49 today24 hours ago24h change
0.5 RTM$0.02071$0.02012
+2.93%
1 RTM$0.04142$0.04024
+2.93%
5 RTM$0.2071$0.2012
+2.93%
10 RTM$0.4142$0.4024
+2.93%
50 RTM$2.07$2.01
+2.93%
100 RTM$4.14$4.02
+2.93%
500 RTM$20.71$20.12
+2.93%
1000 RTM$41.42$40.24
+2.93%

RTM to JMD FAQ

How much is 1 Raptoreum in JMD?
Right now, the price of 1 Raptoreum (RTM) in Jamaican Dollar (JMD) is $0.04142.
How much RTM can I buy for 1 JMD?
Based on the current exchange rate, you can get 24.14 RTM for 1 JMD.
How do I calculate or convert RTM to JMD?
You can use our RTM to JMD calculator at the top of this page to convert any amount of RTM to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 120.72 RTM, while 5 RTM will cost around 0.2071JMD.
What is the highest price of RTM/JMD in history?
The all-time high price of 1 RTM in JMD is $1,505,503.04. It remains to be seen if the value of 1 RTM/JMD will exceed the current all-time high.
What is the price trend of Raptoreum in JMD?
Over the past 7 days, the exchange rate of Raptoreum (RTM) has gone up by 7.84%.   Over the last month, the exchange rate of Raptoreum (RTM) has gone down by 11.38% against Jamaican Dollar (JMD).

What factors influence the conversion rate of RTM to JMD?

There are many factors that affect the relationship between Raptoreum and Jamaican Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of RTM/JMD. When there is positive news in the market about the widespread adoption of RTM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RTM/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RTM/JMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of RTM/JMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Raptoreum and adjust their investment strategies accordingly in the evolving market.

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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.