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PLACE to JMD Converter and calculator

PLACE/JMD: 1 PLACE = 0.01440 JMD. The price of converting 1 PlaceWar (PLACE) to Jamaican Dollar (JMD) is 0.01440 JMD today.
PLACE
PLACE
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PLACE to JMD real-time exchange rates, making it easy to convert PlaceWar (PLACE) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 PLACE is currently valued at 0.01440 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PLACE is currently valued at 0.01440 JMD, which means buying 5 PLACE would cost 0.07199 JMD. Similarly, $1 JMD can be converted to 69.45 PLACE, and $50 JMD can be converted to 347.27 PLACE, excluding any platform or gas fees.

Convert PLACE to JMD

Convert JMD to PLACE

PlaceWar
Jamaican Dollar
5000 PLACE
71.99  JMD
10000 PLACE
143.98  JMD
In the table above, you'll find a comprehensive PLACE to JMD converter that shows the value of PlaceWar in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 PLACE to JMD, all the way up to 10000 PLACE, providing a clear view of their respective values.
Jamaican Dollar
PlaceWar
200 JMD
13,890.98 PLACE
500 JMD
34,727.45 PLACE
1000 JMD
69,454.9 PLACE
2000 JMD
138,909.81 PLACE
5000 JMD
347,274.51 PLACE
10000 JMD
694,549.03 PLACE
50000 JMD
3,472,745.13 PLACE
100000 JMD
6,945,490.25 PLACE
In the table above, you'll find a comprehensive JMD to PLACE converter that shows the value of Jamaican Dollar in PlaceWar across commonly used conversion amounts. The list covers conversions from 1 JMD to PLACE, all the way up to 100000 JMD, providing a clear view of their respective values.

PLACE to JMD chart

PLACE/JMD: 1 PLACE = 0.01440 JMD; 2025/06/16 11:12:47
In the past 1D, PlaceWar has changed +0.03% to JMD. Based on the trend and price charts, PlaceWar(PLACE) has changed +0.03% to JMD while Jamaican Dollar(JMD) has changed % to PLACE in the last 24 hours.
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PLACE to JMD conversion data: Volatility and price changes of PlaceWar in JMD

The highest PlaceWar price in JMD over the past 7 days was 0.01486 JMD while the lowest PlaceWar price in JMD over the past 7 days was 0.01395 JMD. The relative change between the highs and lows in PlaceWar price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and PLACE to JMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.01441 JMD
0.01486 JMD
0.01663 JMD
0.01663 JMD
Low
0.01438 JMD
0.01395 JMD
0.01278 JMD
0.007996 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+0.03%
+3.56%
+7.47%
+67.15%

PlaceWar information

PLACE to JMD market statistics

PLACE/JMD:
$0.01440
PLACE 24h volume:
$17,524,022.93
PLACE market cap:
--
PLACE circulating supply:
0 PLACE

Current PLACE to JMD exchange rate

PlaceWar to Jamaican Dollar is rising this week.
PlaceWar's current market price is $0.01440 per PLACE, with a total market cap of $0 JMD based on a circulating supply of -- PLACE. The trading volume of PlaceWar has changed by -0.71% ($-125,256.94 JMD) in the last 24 hours. Last trading day, PLACE's trading volume was $17,649,279.87.

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

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How to convert PLACE to JMD

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PLACE to JMD Conversion tables

The exchange rate of PlaceWar is increasing.
The exchange rate of 1 PLACE to Jamaican Dollar has changed by +3.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 0.01441 JMD and a low of 0.01438 JMD . One month ago, the value of 1 PLACE was $0.01340 JMD , which represents a +7.47% change from its current value. Over the last year, PlaceWar has changed by
-$
0.009611JMD
, resulting in a change of -40.03% in its value.
24 hours ago1 month ago1 year ago
Amount 11:12 am today 24 hours ago 24h change
0.5 PLACE
$0.007199$0.007197
+0.03%
1 PLACE
$0.01440$0.01439
+0.03%
5 PLACE
$0.07199$0.07197
+0.03%
10 PLACE
$0.1440$0.1439
+0.03%
50 PLACE
$0.7199$0.7197
+0.03%
100 PLACE
$1.44$1.44
+0.03%
500 PLACE
$7.2$7.2
+0.03%
1000 PLACE
$14.4$14.39
+0.03%

PLACE to JMD FAQ

How much is 1 PlaceWar in JMD?
Right now, the price of 1 PlaceWar (PLACE) in Jamaican Dollar (JMD) is $0.01440.
How much PLACE can I buy for 1 JMD?
Based on the current exchange rate, you can get 69.45 PLACE for 1 JMD.
How do I calculate or convert PLACE to JMD?
You can use our PLACE to JMD calculator at the top of this page to convert any amount of PLACE to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 347.27 PLACE, while 5 PLACE will cost around 0.07199JMD.
What is the highest price of PLACE/JMD in history?
The all-time high price of 1 PLACE in JMD is $43.09. It remains to be seen if the value of 1 PLACE/JMD will exceed the current all-time high.
What is the price trend of PlaceWar in JMD?
Over the past 7 days, the exchange rate of PlaceWar (PLACE) has gone up by 3.56%.   Over the last month, the exchange rate of PlaceWar (PLACE) has gone up by 7.47% against Jamaican Dollar (JMD).

What factors influence the conversion rate of PLACE to JMD?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular PlaceWar currency pairs: PLACE to US Dollar (USD), PLACE to Euro (EUR), PLACE to Pound Sterling (GBP), PLACE to Canadian Dollar (CAD), PLACE to Indian Rupee (INR), PLACE to Pakistani Rupee (PKR), PLACE to Brazilian Real (BRL), PLACE to…
The price of PlaceWar in the US is $0.{4}9016 USD. Additionally, PlaceWar’s price is €0.{4}7786 EUR in the eurozone, £0.{4}6639 GBP in the UK, C$0.0001224 CAD in Canada, ₹0.007760 INR in India, ₨0.02549 PKR in Pakistan, R$0.0005030 BRL in Brazil, and more.
The most popular PlaceWar currency pair is the PLACE to Jamaican Dollar(JMD). The price of 1 PlaceWar (PLACE) in Jamaican Dollar (JMD) is $0.01440.

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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.