UBI
JMD
Last updated 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 Universal Basic Income(UBI) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 UBI at a value of 1 UBI for 0.05 JMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
JMD 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 Universal Basic Income currency pair is the UBI to JMD, with for Universal Basic Income's currency code being UBI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
UBI to JMD conversion rate trend
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In the past 1D, Universal Basic Income has changed -13.55% to JMD. Based on the trend and price charts, Universal Basic Income(UBI) has changed -13.55% to JMD while Jamaican Dollar(JMD) has changed % to UBI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.04727 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/01 00:33:36(UTC+0)
How to buy Universal Basic Income
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Universal Basic Income (UBI)
Use a variety of payment options to buy Universal Basic Income on Bitget. We'll show you how.
Buy UBI (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of UBI with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy UBI with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell UBI (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of UBI to JMD. However, you can first exchange UBI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Universal Basic Income to Jamaican Dollar?
Universal Basic Income to Jamaican Dollar is rising this week.Universal Basic Income's current market price is $ 0.04952 per UBI, with a total market cap of $ 0 JMD based on a circulating supply of -- UBI. The trading volume of Universal Basic Income has changed by +176.45% ($ 131,079.27 JMD) in the last 24 hours. Last trading day, UBI's trading volume was $ 74,288.06.
Market cap
$0
24h volume
$1.31K
Circulating supply
0 UBI
Conversion tables
The exchange rate of Universal Basic Income is decreasing.1 UBI is currently valued at $ 0.04952 JMD , which means buying 5 UBI will cost $ 0.2476 JMD . Similarly, $1 JMD can be traded for 20.19 UBI, and $50 JMD can be converted to 1,009.61 UBI, excluding any platform or gas fees.
The exchange rate of 1 UBI to Jamaican Dollar has changed by +22.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by -13.55%, reaching a high of 0.05729 JMD and a low of 0.04727 JMD . One month ago, the value of 1 UBI was $ 0.05747 JMD , which represents a -13.83% change from its current value. Over the last year, Universal Basic Income has changed by , resulting in a change of -51.83% in its value.
-$
0.05329JMDUBI to JMD
Amount
03:16 am today
0.5 UBI
$0.02476
1 UBI
$0.04952
5 UBI
$0.2476
10 UBI
$0.4952
50 UBI
$2.48
100 UBI
$4.95
500 UBI
$24.76
1000 UBI
$49.52
JMD to UBI
Amount03:16 am today
0.5JMD10.1 UBI
1JMD20.19 UBI
5JMD100.96 UBI
10JMD201.92 UBI
50JMD1,009.61 UBI
100JMD2,019.23 UBI
500JMD10,096.14 UBI
1000JMD20,192.29 UBI
Today vs. 24 hours ago
| Amount | 03:16 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UBI | $0.0001575 | $0.0001821 | -13.55% |
| 1 UBI | $0.0003149 | $0.0003643 | -13.55% |
| 5 UBI | $0.001575 | $0.001821 | -13.55% |
| 10 UBI | $0.003149 | $0.003643 | -13.55% |
| 50 UBI | $0.01575 | $0.01821 | -13.55% |
| 100 UBI | $0.03149 | $0.03643 | -13.55% |
| 500 UBI | $0.1575 | $0.1821 | -13.55% |
| 1000 UBI | $0.3149 | $0.3643 | -13.55% |
Today vs. 1 month ago
| Amount | 03:16 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UBI | $0.0001575 | $0.0001827 | -13.83% |
| 1 UBI | $0.0003149 | $0.0003654 | -13.83% |
| 5 UBI | $0.001575 | $0.001827 | -13.83% |
| 10 UBI | $0.003149 | $0.003654 | -13.83% |
| 50 UBI | $0.01575 | $0.01827 | -13.83% |
| 100 UBI | $0.03149 | $0.03654 | -13.83% |
| 500 UBI | $0.1575 | $0.1827 | -13.83% |
| 1000 UBI | $0.3149 | $0.3654 | -13.83% |
Today vs. 1 year ago
| Amount | 03:16 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UBI | $0.0001575 | $0.0003269 | -51.83% |
| 1 UBI | $0.0003149 | $0.0006538 | -51.83% |
| 5 UBI | $0.001575 | $0.003269 | -51.83% |
| 10 UBI | $0.003149 | $0.006538 | -51.83% |
| 50 UBI | $0.01575 | $0.03269 | -51.83% |
| 100 UBI | $0.03149 | $0.06538 | -51.83% |
| 500 UBI | $0.1575 | $0.3269 | -51.83% |
| 1000 UBI | $0.3149 | $0.6538 | -51.83% |
Universal Basic Income price prediction
What will the price of UBI be in 2025?
Based on UBI's historical price performance prediction model, the price of UBI is projected to reach $0.0005573 in 2025.
What will the price of UBI be in 2030?
In 2030, the UBI price is expected to change by -3.00%. By the end of 2030, the UBI price is projected to reach $0.0009751, with a cumulative ROI of +168.87%.
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Popular Universal Basic Income conversions
Check out these popular currency conversions of Universal Basic Income to several fiat currencies.
Universal Basic Income to USD
1 UBI to $ 0.0003149 USD
Universal Basic Income to GBP
1 UBI to £ 0.0002472 GBP
Universal Basic Income to EUR
1 UBI to € 0.0002977 EUR
Universal Basic Income to KRW
1 UBI to ₩ 0.4395 KRW
Universal Basic Income to CAD
1 UBI to $ 0.0004413 CAD
Universal Basic Income to AUD
1 UBI to $ 0.0004839 AUD
Universal Basic Income to JPY
1 UBI to ¥ 0.04716 JPY
Universal Basic Income to BRL
1 UBI to R$ 0.001881 BRL
Universal Basic Income to CNY
1 UBI to ¥ 0.002282 CNY
Universal Basic Income to TWD
1 UBI to NT$ 0.01022 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Universal Basic Income.
XRP to JMD
1 XRP to $ 295.56 JMD
SolarX to JMD
1 SXCH to $ 5.96 JMD
Hyperliquid to JMD
1 HYPE to $ -- JMD
EGO to JMD
1 EGO to $ 4.16 JMD
Bitcoin to JMD
1 BTC to $ 15,107,969.09 JMD
Hedera to JMD
1 HBAR to $ 26.26 JMD
THENA to JMD
1 THE to $ 459.04 JMD
Algorand to JMD
1 ALGO to $ 67.25 JMD
Solana to JMD
1 SOL to $ 37,050.54 JMD
Dogecoin to JMD
1 DOGE to $ 66.19 JMD
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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 Universal Basic Income 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 Universal Basic Income 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 Universal Basic Income 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.
