DGTA to JMD Converter and calculator


Conversion rates
Convert DGTA to JMD
Convert JMD to DGTA
DGTA to JMD chart
DGTA to JMD conversion data: Volatility and price changes of Digitra.com Token in JMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 1.27 JMD | 1.27 JMD | 1.48 JMD | 1.48 JMD |
Low | 1.17 JMD | 1.17 JMD | 1.06 JMD | 1.06 JMD |
Average | 0 JMD | 0 JMD | 0 JMD | 0 JMD |
Volatility | % | % | % | % |
Change | +2.33% | +3.27% | +8.04% | +9.59% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Digitra.com Token information
DGTA to JMD market statistics
Current DGTA to JMD exchange rate
Digitra.com Token to Jamaican Dollar is rising this week.More info about Digitra.com Token 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.
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DGTA to JMD Conversion tables
Amount | 12:29 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DGTA | $0.6213 | $0.6068 | +2.33% |
1 DGTA | $1.24 | $1.21 | +2.33% |
5 DGTA | $6.21 | $6.07 | +2.33% |
10 DGTA | $12.43 | $12.14 | +2.33% |
50 DGTA | $62.13 | $60.68 | +2.33% |
100 DGTA | $124.26 | $121.37 | +2.33% |
500 DGTA | $621.28 | $606.83 | +2.33% |
1000 DGTA | $1,242.55 | $1,213.66 | +2.33% |
DGTA to JMD FAQ
What factors influence the conversion rate of DGTA to JMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Digitra.com Token in the US is $0.007751 USD. Additionally, Digitra.com Token’s price is €0.006659 EUR in the eurozone, £0.005762 GBP in the UK, C$0.01064 CAD in Canada, ₹0.6796 INR in India, ₨2.2 PKR in Pakistan, R$0.04207 BRL in Brazil, and more.
The most popular Digitra.com Token currency pair is the DGTA to Jamaican Dollar(JMD). The price of 1 Digitra.com Token (DGTA) in Jamaican Dollar (JMD) is $1.24.
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