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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.78%
New listings on Bitget: Pi Network
BTC/USDT$85184.74 (+0.37%)Fear and Greed Index37(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow -$0 (1D); -$136.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.78%
New listings on Bitget: Pi Network
BTC/USDT$85184.74 (+0.37%)Fear and Greed Index37(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow -$0 (1D); -$136.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
RBY
JMD
Last updated as of 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 Rubycoin(RBY) to Sri Lankan Rupee(JMD). This is the real-time data. The current conversion shows 1 RBY at a value of 1 RBY for 121.00 JMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
JMD information
About Sri Lankan Rupee (LKR)
The Sri Lankan Rupee (LKR), established in 1885, is more than just the monetary unit of Sri Lanka; it represents the nation's rich cultural heritage and its evolving economic landscape. It is commonly abbreviated as LKR and represented by the symbol Rs. As a key player in Sri Lanka's economic activities, the Rupee has witnessed the country's journey from a colonial past to an independent nation striving for economic growth and stability.
Historical Background
The introduction of the Sri Lankan Rupee marked a significant shift from the British Indian Rupee, aligning with Sri Lanka's (then Ceylon) transition towards economic self-sufficiency. This change was part of the broader colonial policy but later became a symbol of national identity after Sri Lanka gained independence in 1948.
Design and Symbolism
The design of the Sri Lankan Rupee is a vivid reflection of the country's diverse flora and fauna, historical landmarks, and figures who have shaped its history. The notes and coins feature images of ancient kings, renowned figures, native wildlife, and significant cultural and natural sites. These elements are not just decorative; they are imbued with the nation's story and pride.
Economic Role
The Rupee plays a central role in Sri Lanka’s economy, which is characterized by its tea, rubber, and coconut exports, along with a growing tourism industry and remittances from overseas workers. As the primary medium of exchange, it facilitates trade and transactions within these sectors, underpinning the country's economic activity.
Monetary Policy and Inflation
Managed by the Central Bank of Sri Lanka, the Rupee has faced challenges including inflation and depreciation, particularly in times of political and economic instability. The bank’s monetary policies aim to stabilize the currency, which is crucial for maintaining economic confidence and attracting foreign investment.
International Trade and the Sri Lankan Rupee
The value of the Rupee is significant in international trade, particularly for Sri Lanka's exports like textiles and tea. A stable Rupee is important for maintaining competitive export prices and attracting foreign direct investment.
Remittances and Economic Impact
Remittances from the Sri Lankan diaspora, especially from the Middle East and Europe, are a significant source of foreign income. These remittances, converted into Rupees, play a substantial role in supporting families and contributing to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Rubycoin currency pair is the RBY to JMD, with for Rubycoin's currency code being RBY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
RBY to JMD conversion rate trend
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In the past 1D, Rubycoin has changed +16.45% to JMD. Based on the trend and price charts, Rubycoin(RBY) has changed +16.45% to JMD while Sri Lankan Rupee(JMD) has changed % to RBY in the last 24 hours.
RBY to JMD market statistics
RBY/JMD:
$ 121
RBY 24h volume:
$ 19,995.62
RBY market cap:
--
RBY circulating supply:
0 RBY
More info about Rubycoin on Bitget
Current RBY to JMD exchange rate
Rubycoin to Sri Lankan Rupee is rising this week.Rubycoin's current market price is $ 121 per RBY, with a total market cap of $ 0 JMD based on a circulating supply of -- RBY. The trading volume of Rubycoin has changed by 0.00% ($ 0 JMD) in the last 24 hours. Last trading day, RBY's trading volume was $ 19,995.62.
RBY to JMD Conversion tables
The exchange rate of Rubycoin is increasing.1 RBY is currently valued at $ 121 JMD , which means buying 5 RBY will cost $ 605.02 JMD . Similarly, $1 JMD can be traded for 0.008264 RBY, and $50 JMD can be converted to 0.4132 RBY, excluding any platform or gas fees.
The exchange rate of 1 RBY to Sri Lankan Rupee has changed by +15.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by +16.45%, reaching a high of 121.52 JMD and a low of 105.95 JMD . One month ago, the value of 1 RBY was $ 18.38 JMD , which represents a +557.92% change from its current value. Over the last year, Rubycoin has changed by , resulting in a change of +232.84% in its value.
+$
84.66JMDRBY to JMD
Amount
03:25 am today
0.5 RBY
$60.5
1 RBY
$121
5 RBY
$605.02
10 RBY
$1,210.05
50 RBY
$6,050.25
100 RBY
$12,100.5
500 RBY
$60,502.48
1000 RBY
$121,004.97
JMD to RBY
Amount03:25 am today
0.5JMD0.004132 RBY
1JMD0.008264 RBY
5JMD0.04132 RBY
10JMD0.08264 RBY
50JMD0.4132 RBY
100JMD0.8264 RBY
500JMD4.13 RBY
1000JMD8.26 RBY
RBY to JMD Today vs. 24 hours ago
| Amount | 03:25 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RBY | $60.5 | $51.95 | +16.45% |
| 1 RBY | $121 | $103.91 | +16.45% |
| 5 RBY | $605.02 | $519.55 | +16.45% |
| 10 RBY | $1,210.05 | $1,039.1 | +16.45% |
| 50 RBY | $6,050.25 | $5,195.48 | +16.45% |
| 100 RBY | $12,100.5 | $10,390.96 | +16.45% |
| 500 RBY | $60,502.48 | $51,954.81 | +16.45% |
| 1000 RBY | $121,004.97 | $103,909.61 | +16.45% |
RBY to JMD Today vs. 1 month ago
| Amount | 03:25 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RBY | $60.5 | $9.19 | +557.92% |
| 1 RBY | $121 | $18.38 | +557.92% |
| 5 RBY | $605.02 | $91.92 | +557.92% |
| 10 RBY | $1,210.05 | $183.84 | +557.92% |
| 50 RBY | $6,050.25 | $919.18 | +557.92% |
| 100 RBY | $12,100.5 | $1,838.36 | +557.92% |
| 500 RBY | $60,502.48 | $9,191.81 | +557.92% |
| 1000 RBY | $121,004.97 | $18,383.62 | +557.92% |
RBY to JMD Today vs. 1 year ago
| Amount | 03:25 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RBY | $60.5 | $18.17 | +232.84% |
| 1 RBY | $121 | $36.35 | +232.84% |
| 5 RBY | $605.02 | $181.74 | +232.84% |
| 10 RBY | $1,210.05 | $363.49 | +232.84% |
| 50 RBY | $6,050.25 | $1,817.43 | +232.84% |
| 100 RBY | $12,100.5 | $3,634.86 | +232.84% |
| 500 RBY | $60,502.48 | $18,174.31 | +232.84% |
| 1000 RBY | $121,004.97 | $36,348.63 | +232.84% |
How to convert RBY to JMD
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Convert RBY to JMD
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Buy RBY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of RBY with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy RBY with USDT via Bitget spot market.
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Sell RBY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of RBY to JMD. However, you can first exchange RBY 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 RBY to JMD?
There are many factors that affect the relationship between Rubycoin 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 RBY/JMD. When there is positive news in the market about the widespread adoption of RBY or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RBY/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RBY/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.
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 RBY/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 Rubycoin and adjust their investment strategies accordingly in the evolving market.
Rubycoin Price Prediction
What will the price of RBY be in 2026?
Based on RBY's historical price performance prediction model, the price of RBY is projected to reach $0.7256 in 2026.
What will the price of RBY be in 2031?
In 2031, the RBY price is expected to change by +3.00%. By the end of 2031, the RBY price is projected to reach $0.8848, with a cumulative ROI of +15.47%.
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Popular Rubycoin Converter
Check out these popular currency conversions of Rubycoin to several fiat currencies.
RBY to TWD
1 RBY to NT$ 24.91 TWD
RBY to CNY
1 RBY to ¥ 5.59 CNY
RBY to USD
1 RBY to $ 0.7660 USD
RBY to EUR
1 RBY to € 0.6736 EUR
RBY to CAD
1 RBY to C$ 1.06 CAD
RBY to LKR
1 RBY to Rs 228.49 LKR
RBY to KRW
1 RBY to ₩ 1,086.52 KRW
RBY to JPY
1 RBY to ¥ 109.08 JPY
RBY to GBP
1 RBY to £ 0.5774 GBP
RBY to BRL
1 RBY to R$ 4.45 BRL
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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 Rubycoin 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 Rubycoin 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 Rubycoin 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.
