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FRED to JMD Converter and calculator

FRED/JMD: 1 FRED = 0.5503 JMD. The price of converting 1 First Convicted RACCON (FRED) to Jamaican Dollar (JMD) is 0.5503 JMD today.
FRED
FRED
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FRED to JMD real-time exchange rates, making it easy to convert First Convicted RACCON (FRED) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 FRED is currently valued at 0.55 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FRED is currently valued at 0.55 JMD, which means buying 5 FRED would cost 2.75 JMD. Similarly, $1 JMD can be converted to 1.82 FRED, and $50 JMD can be converted to 9.09 FRED, excluding any platform or gas fees.
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Convert FRED to JMD

Convert JMD to FRED

First Convicted RACCON
Jamaican Dollar
1000 FRED
550.35  JMD
5000 FRED
2,751.75  JMD
10000 FRED
5,503.49  JMD
In the table above, you'll find a comprehensive FRED to JMD converter that shows the value of First Convicted RACCON in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 FRED to JMD, all the way up to 10000 FRED, providing a clear view of their respective values.
Jamaican Dollar
First Convicted RACCON
10000 JMD
18,170.28 FRED
50000 JMD
90,851.4 FRED
100000 JMD
181,702.79 FRED
In the table above, you'll find a comprehensive JMD to FRED converter that shows the value of Jamaican Dollar in First Convicted RACCON across commonly used conversion amounts. The list covers conversions from 1 JMD to FRED, all the way up to 100000 JMD, providing a clear view of their respective values.

FRED to JMD chart

FRED/JMD: 1 FRED = 0.5503 JMD; 2025/04/29 16:51:48
In the past 1D, First Convicted RACCON has changed +1.07% to JMD. Based on the trend and price charts, First Convicted RACCON(FRED) has changed +1.07% to JMD while Jamaican Dollar(JMD) has changed % to FRED in the last 24 hours.
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FRED to JMD conversion data: Volatility and price changes of First Convicted RACCON in JMD

The highest First Convicted RACCON price in JMD over the past 7 days was 0.6390 JMD while the lowest First Convicted RACCON price in JMD over the past 7 days was 0.5311 JMD. The relative change between the highs and lows in First Convicted RACCON price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and FRED 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
0.5589 JMD
0.6390 JMD
0.6847 JMD
1.54 JMD
Low
0.5444 JMD
0.5311 JMD
0.4268 JMD
0.3849 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+1.07%
-10.27%
+1.63%
-27.79%

First Convicted RACCON information

FRED to JMD market statistics

FRED/JMD:
$0.5503
FRED 24h volume:
--
FRED market cap:
--
FRED circulating supply:
-- FRED

Current FRED to JMD exchange rate

First Convicted RACCON to Jamaican Dollar is falling this week.
First Convicted RACCON's current market price is $0.5503 per FRED, with a total market cap of $-- JMD based on a circulating supply of -- FRED. The trading volume of First Convicted RACCON has changed by --% ($-- JMD) in the last 24 hours. Last trading day, FRED's trading volume was $--.

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

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How to convert FRED to JMD

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FRED to JMD Conversion tables

The exchange rate of First Convicted RACCON is increasing.
The exchange rate of 1 FRED to Jamaican Dollar has changed by -10.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.07%, reaching a high of 0.5589 JMD and a low of 0.5444 JMD . One month ago, the value of 1 FRED was $0.5415 JMD , which represents a +1.63% change from its current value. Over the last year, First Convicted RACCON has changed by
-$
1.34JMD
, resulting in a change of -70.82% in its value.
24 hours ago1 month ago1 year ago
Amount16:51 today24 hours ago24h change
0.5 FRED$0.2752$0.2723
+1.07%
1 FRED$0.5503$0.5445
+1.07%
5 FRED$2.75$2.72
+1.07%
10 FRED$5.5$5.45
+1.07%
50 FRED$27.52$27.23
+1.07%
100 FRED$55.03$54.45
+1.07%
500 FRED$275.17$272.26
+1.07%
1000 FRED$550.35$544.51
+1.07%

FRED to JMD FAQ

How much is 1 First Convicted RACCON in JMD?
Right now, the price of 1 First Convicted RACCON (FRED) in Jamaican Dollar (JMD) is $0.5503.
How much FRED can I buy for 1 JMD?
Based on the current exchange rate, you can get 1.82 FRED for 1 JMD.
How do I calculate or convert FRED to JMD?
You can use our FRED to JMD calculator at the top of this page to convert any amount of FRED to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 9.09 FRED, while 5 FRED will cost around 2.75JMD.
What is the highest price of FRED/JMD in history?
The all-time high price of 1 FRED in JMD is $56.79. It remains to be seen if the value of 1 FRED/JMD will exceed the current all-time high.
What is the price trend of First Convicted RACCON in JMD?
Over the past 7 days, the exchange rate of First Convicted RACCON (FRED) has gone down by 10.27%.   Over the last month, the exchange rate of First Convicted RACCON (FRED) has gone up by 1.63% against Jamaican Dollar (JMD).

What factors influence the conversion rate of FRED to JMD?

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