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UMM to JMD Converter and calculator

UMM/JMD: 1 UMM = 491.25 JMD. The price of converting 1 UMM (UMM) to Jamaican Dollar (JMD) is 491.25 JMD today.
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UMM
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides UMM to JMD real-time exchange rates, making it easy to convert UMM (UMM) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 UMM is currently valued at 491.25 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 UMM is currently valued at 491.25 JMD, which means buying 5 UMM would cost 2456.27 JMD. Similarly, $1 JMD can be converted to 0.002036 UMM, and $50 JMD can be converted to 0.01018 UMM, excluding any platform or gas fees.

Convert UMM to JMD

Convert JMD to UMM

UMM
Jamaican Dollar
50 UMM
24,562.73  JMD
100 UMM
49,125.46  JMD
200 UMM
98,250.93  JMD
500 UMM
245,627.32  JMD
1000 UMM
491,254.63  JMD
5000 UMM
2,456,273.17  JMD
10000 UMM
4,912,546.34  JMD
In the table above, you'll find a comprehensive UMM to JMD converter that shows the value of UMM in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 UMM to JMD, all the way up to 10000 UMM, providing a clear view of their respective values.
In the table above, you'll find a comprehensive JMD to UMM converter that shows the value of Jamaican Dollar in UMM across commonly used conversion amounts. The list covers conversions from 1 JMD to UMM, all the way up to 100000 JMD, providing a clear view of their respective values.

UMM to JMD chart

UMM/JMD: 1 UMM = 491.25 JMD; 2025/04/27 19:40:04
In the past 1D, UMM has changed -1.98% to JMD. Based on the trend and price charts, UMM(UMM) has changed -1.98% to JMD while Jamaican Dollar(JMD) has changed % to UMM in the last 24 hours.
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UMM to JMD conversion data: Volatility and price changes of UMM in JMD

The highest UMM price in JMD over the past 7 days was 524.28 JMD while the lowest UMM price in JMD over the past 7 days was 467.33 JMD. The relative change between the highs and lows in UMM price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and UMM 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
516.84 JMD
524.28 JMD
524.28 JMD
524.28 JMD
Low
490.98 JMD
467.33 JMD
407.57 JMD
393.14 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-1.98%
+3.55%
+15.37%
+13.36%

UMM information

UMM to JMD market statistics

UMM/JMD:
$491.25
UMM 24h volume:
$115,408,569.82
UMM market cap:
--
UMM circulating supply:
0 UMM

Current UMM to JMD exchange rate

UMM to Jamaican Dollar is rising this week.
UMM's current market price is $491.25 per UMM, with a total market cap of $0 JMD based on a circulating supply of -- UMM. The trading volume of UMM has changed by -4.19% ($-5,052,750.06 JMD) in the last 24 hours. Last trading day, UMM's trading volume was $120,461,319.89.

More info about UMM 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 UMM currency pair is the UMM to JMD, with for UMM's currency code being UMM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert UMM to JMD

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Convert UMM to JMD
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UMM to JMD Conversion tables

The exchange rate of UMM is increasing.
The exchange rate of 1 UMM to Jamaican Dollar has changed by +3.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.98%, reaching a high of 516.84 JMD and a low of 490.98 JMD . One month ago, the value of 1 UMM was $425.73 JMD , which represents a +15.37% change from its current value. Over the last year, UMM has changed by
+$
27.31JMD
, resulting in a change of +60.61% in its value.
24 hours ago1 month ago1 year ago
Amount19:40 today24 hours ago24h change
0.5 UMM$245.63$250.59
-1.98%
1 UMM$491.25$501.19
-1.98%
5 UMM$2,456.27$2,505.93
-1.98%
10 UMM$4,912.55$5,011.86
-1.98%
50 UMM$24,562.73$25,059.3
-1.98%
100 UMM$49,125.46$50,118.61
-1.98%
500 UMM$245,627.32$250,593.04
-1.98%
1000 UMM$491,254.63$501,186.08
-1.98%

UMM to JMD FAQ

How much is 1 UMM in JMD?
Right now, the price of 1 UMM (UMM) in Jamaican Dollar (JMD) is $491.25.
How much UMM can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.002036 UMM for 1 JMD.
How do I calculate or convert UMM to JMD?
You can use our UMM to JMD calculator at the top of this page to convert any amount of UMM to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.01018 UMM, while 5 UMM will cost around 2,456.27JMD.
What is the highest price of UMM/JMD in history?
The all-time high price of 1 UMM in JMD is $524.28. It remains to be seen if the value of 1 UMM/JMD will exceed the current all-time high.
What is the price trend of UMM in JMD?
Over the past 7 days, the exchange rate of UMM (UMM) has gone up by 3.55%.   Over the last month, the exchange rate of UMM (UMM) has gone up by 15.37% against Jamaican Dollar (JMD).

What factors influence the conversion rate of UMM to JMD?

There are many factors that affect the relationship between UMM 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 UMM/JMD. When there is positive news in the market about the widespread adoption of UMM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of UMM/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in UMM/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 UMM/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 UMM 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.