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PRL to JMD Converter and calculator

PRL/JMD: 1 PRL = 0.08314 JMD. The price of converting 1 The Parallel (PRL) to Jamaican Dollar (JMD) is 0.08314 JMD today.
PRL
PRL
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRL to JMD real-time exchange rates, making it easy to convert The Parallel (PRL) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 PRL is currently valued at 0.08314 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRL is currently valued at 0.08314 JMD, which means buying 5 PRL would cost 0.4157 JMD. Similarly, $1 JMD can be converted to 12.03 PRL, and $50 JMD can be converted to 60.14 PRL, excluding any platform or gas fees.

Convert PRL to JMD

Convert JMD to PRL

The Parallel
Jamaican Dollar
1 PRL
0.08314  JMD
Exchange 1 PRL for 0.08314 JMD
2 PRL
0.1663  JMD
Exchange 2 PRL for 0.1663 JMD
5 PRL
0.4157  JMD
Exchange 5 PRL for 0.4157 JMD
10 PRL
0.8314  JMD
Exchange 10 PRL for 0.8314 JMD
20 PRL
1.66  JMD
Exchange 20 PRL for 1.66 JMD
50 PRL
4.16  JMD
Exchange 50 PRL for 4.16 JMD
100 PRL
8.31  JMD
Exchange 100 PRL for 8.31 JMD
200 PRL
16.63  JMD
Exchange 200 PRL for 16.63 JMD
500 PRL
41.57  JMD
Exchange 500 PRL for 41.57 JMD
1000 PRL
83.14  JMD
Exchange 1000 PRL for 83.14 JMD
5000 PRL
415.7  JMD
Exchange 5000 PRL for 415.7 JMD
10000 PRL
831.39  JMD
Exchange 10000 PRL for 831.39 JMD
In the table above, you'll find a comprehensive PRL to JMD converter that shows the value of The Parallel in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 PRL to JMD, all the way up to 10000 PRL, providing a clear view of their respective values.
Jamaican Dollar
The Parallel
1 JMD
12.03 PRL
Exchange 1 JMD for 12.03 PRL
10 JMD
120.28 PRL
Exchange 10 JMD for 120.28 PRL
50 JMD
601.4 PRL
Exchange 50 JMD for 601.4 PRL
100 JMD
1,202.8 PRL
Exchange 100 JMD for 1,202.8 PRL
200 JMD
2,405.6 PRL
Exchange 200 JMD for 2,405.6 PRL
500 JMD
6,013.99 PRL
Exchange 500 JMD for 6,013.99 PRL
1000 JMD
12,027.98 PRL
Exchange 1000 JMD for 12,027.98 PRL
2000 JMD
24,055.97 PRL
Exchange 2000 JMD for 24,055.97 PRL
5000 JMD
60,139.91 PRL
Exchange 5000 JMD for 60,139.91 PRL
10000 JMD
120,279.83 PRL
Exchange 10000 JMD for 120,279.83 PRL
50000 JMD
601,399.15 PRL
Exchange 50000 JMD for 601,399.15 PRL
100000 JMD
1,202,798.3 PRL
Exchange 100000 JMD for 1,202,798.3 PRL
In the table above, you'll find a comprehensive JMD to PRL converter that shows the value of Jamaican Dollar in The Parallel across commonly used conversion amounts. The list covers conversions from 1 JMD to PRL, all the way up to 100000 JMD, providing a clear view of their respective values.

PRL to JMD chart

PRL/JMD: 1 PRL = 0.08314 JMD; 2025/08/04 01:10:52
In the past 1D, The Parallel has changed -0.09% to JMD. Based on the trend and price charts, The Parallel(PRL) has changed -0.09% to JMD while Jamaican Dollar(JMD) has changed % to PRL in the last 24 hours.
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PRL to JMD conversion data: Volatility and price changes of The Parallel in JMD

The highest The Parallel price in JMD over the past 7 days was 0.08351 JMD while the lowest The Parallel price in JMD over the past 7 days was 0.08317 JMD. The relative change between the highs and lows in The Parallel price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and PRL 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
0.08351 JMD
0.08351 JMD
0.08354 JMD
0.08969 JMD
Low
0.08337 JMD
0.08317 JMD
0.08317 JMD
0.08317 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-0.09%
+0.05%
-0.06%
-6.93%

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The Parallel information

PRL to JMD market statistics

PRL/JMD:
$0.08314
PRL 24h volume:
--
PRL market cap:
--
PRL circulating supply:
0 PRL

Current PRL to JMD exchange rate

The Parallel to Jamaican Dollar is rising this week.
The Parallel's current market price is $0.08314 per PRL, with a total market cap of $0 JMD based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by -100.00% ($-- JMD) in the last 24 hours. Last trading day, PRL's trading volume was $--.

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

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How to convert PRL to JMD

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PRL to JMD Conversion tables

The exchange rate of The Parallel is decreasing.
The exchange rate of 1 PRL to Jamaican Dollar has changed by +0.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.09%, reaching a high of 0.08351 JMD and a low of 0.08337 JMD . One month ago, the value of 1 PRL was $0.08319 JMD , which represents a -0.06% change from its current value. Over the last year, The Parallel has changed by
-$
0.02368JMD
, resulting in a change of -22.11% in its value.
24 hours ago1 month ago1 year ago
Amount 01:10 am today 24 hours ago 24h change
0.5 PRL
$0.04157$0.04161
-0.09%
1 PRL
$0.08314$0.08322
-0.09%
5 PRL
$0.4157$0.4161
-0.09%
10 PRL
$0.8314$0.8322
-0.09%
50 PRL
$4.16$4.16
-0.09%
100 PRL
$8.31$8.32
-0.09%
500 PRL
$41.57$41.61
-0.09%
1000 PRL
$83.14$83.22
-0.09%

PRL to JMD FAQ

How much is 1 The Parallel in JMD?
Right now, the price of 1 The Parallel (PRL) in Jamaican Dollar (JMD) is $0.08314.
How much PRL can I buy for 1 JMD?
Based on the current exchange rate, you can get 12.03 PRL for 1 JMD.
How do I calculate or convert PRL to JMD?
You can use our PRL to JMD calculator at the top of this page to convert any amount of PRL to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 60.14 PRL, while 5 PRL will cost around 0.4157JMD.
What is the highest price of PRL/JMD in history?
The all-time high price of 1 PRL in JMD is $114.61. It remains to be seen if the value of 1 PRL/JMD will exceed the current all-time high.
What is the price trend of The Parallel in JMD?
Over the past 7 days, the exchange rate of The Parallel (PRL) has gone up by 0.05%.   Over the last month, the exchange rate of The Parallel (PRL) has gone down by 0.06% against Jamaican Dollar (JMD).

What factors influence the conversion rate of PRL to JMD?

There are many factors that affect the relationship between The Parallel 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 PRL/JMD. When there is positive news in the market about the widespread adoption of PRL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRL/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRL/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 PRL/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 The Parallel 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 The Parallel currency pairs: PRL to US Dollar (USD), PRL to Euro (EUR), PRL to Pound Sterling (GBP), PRL to Canadian Dollar (CAD), PRL to Indian Rupee (INR), PRL to Pakistani Rupee (PKR), PRL to Brazilian Real (BRL), PRL to…
The price of The Parallel in the US is $0.0005264 USD. Additionally, The Parallel’s price is €0.0004553 EUR in the eurozone, £0.0003969 GBP in the UK, C$0.0007261 CAD in Canada, ₹0.04593 INR in India, ₨0.1475 PKR in Pakistan, R$0.002916 BRL in Brazil, and more.
The most popular The Parallel currency pair is the PRL to Jamaican Dollar(JMD). The price of 1 The Parallel (PRL) in Jamaican Dollar (JMD) is $0.08314.

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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.