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IBS to JMD Converter and calculator

IBS/JMD: 1 IBS = 0.1292 JMD. The price of converting 1 IBStoken (IBS) to Jamaican Dollar (JMD) is 0.1292 JMD today.
IBS
IBS
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides IBS to JMD real-time exchange rates, making it easy to convert IBStoken (IBS) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 IBS is currently valued at 0.1292 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IBS is currently valued at 0.1292 JMD, which means buying 5 IBS would cost 0.6461 JMD. Similarly, $1 JMD can be converted to 7.74 IBS, and $50 JMD can be converted to 38.69 IBS, excluding any platform or gas fees.

Convert IBS to JMD

Convert JMD to IBS

IBStoken
Jamaican Dollar
10000 IBS
1,292.24  JMD
In the table above, you'll find a comprehensive IBS to JMD converter that shows the value of IBStoken in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 IBS to JMD, all the way up to 10000 IBS, providing a clear view of their respective values.
Jamaican Dollar
IBStoken
10000 JMD
77,385.05 IBS
50000 JMD
386,925.23 IBS
100000 JMD
773,850.46 IBS
In the table above, you'll find a comprehensive JMD to IBS converter that shows the value of Jamaican Dollar in IBStoken across commonly used conversion amounts. The list covers conversions from 1 JMD to IBS, all the way up to 100000 JMD, providing a clear view of their respective values.

IBS to JMD chart

IBS/JMD: 1 IBS = 0.1292 JMD; 2025/06/15 02:56:02
In the past 1D, IBStoken has changed -1.19% to JMD. Based on the trend and price charts, IBStoken(IBS) has changed -1.19% to JMD while Jamaican Dollar(JMD) has changed % to IBS in the last 24 hours.
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IBS to JMD conversion data: Volatility and price changes of IBStoken in JMD

The highest IBStoken price in JMD over the past 7 days was 0.1328 JMD while the lowest IBStoken price in JMD over the past 7 days was 0.1290 JMD. The relative change between the highs and lows in IBStoken price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and IBS 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
0.1308 JMD
0.1328 JMD
0.1384 JMD
0.1495 JMD
Low
0.1290 JMD
0.1290 JMD
0.1288 JMD
0.1275 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-1.19%
-1.34%
-1.17%
-10.44%

IBStoken information

IBS to JMD market statistics

IBS/JMD:
$0.1292
IBS 24h volume:
$15,192,049.02
IBS market cap:
$520,128,291.32
IBS circulating supply:
4.03B IBS

Current IBS to JMD exchange rate

IBStoken to Jamaican Dollar is falling this week.
IBStoken's current market price is $0.1292 per IBS, with a total market cap of $520,128,291.32 JMD based on a circulating supply of 4,025,015,300 IBS. The trading volume of IBStoken has changed by +6.39% ($912,653.3 JMD) in the last 24 hours. Last trading day, IBS's trading volume was $14,279,395.72.

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

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How to convert IBS to JMD

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Convert IBS to JMD
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IBS to JMD Conversion tables

The exchange rate of IBStoken is decreasing.
The exchange rate of 1 IBS to Jamaican Dollar has changed by -1.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.19%, reaching a high of 0.1308 JMD and a low of 0.1290 JMD . One month ago, the value of 1 IBS was $0.1308 JMD , which represents a -1.17% change from its current value. Over the last year, IBStoken has changed by
-$
0.06298JMD
, resulting in a change of -32.77% in its value.
24 hours ago1 month ago1 year ago
Amount 02:56 am today 24 hours ago 24h change
0.5 IBS
$0.06461$0.06539
-1.19%
1 IBS
$0.1292$0.1308
-1.19%
5 IBS
$0.6461$0.6539
-1.19%
10 IBS
$1.29$1.31
-1.19%
50 IBS
$6.46$6.54
-1.19%
100 IBS
$12.92$13.08
-1.19%
500 IBS
$64.61$65.39
-1.19%
1000 IBS
$129.22$130.78
-1.19%

IBS to JMD FAQ

How much is 1 IBStoken in JMD?
Right now, the price of 1 IBStoken (IBS) in Jamaican Dollar (JMD) is $0.1292.
How much IBS can I buy for 1 JMD?
Based on the current exchange rate, you can get 7.74 IBS for 1 JMD.
How do I calculate or convert IBS to JMD?
You can use our IBS to JMD calculator at the top of this page to convert any amount of IBS to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 38.69 IBS, while 5 IBS will cost around 0.6461JMD.
What is the highest price of IBS/JMD in history?
The all-time high price of 1 IBS in JMD is $4.1. It remains to be seen if the value of 1 IBS/JMD will exceed the current all-time high.
What is the price trend of IBStoken in JMD?
Over the past 7 days, the exchange rate of IBStoken (IBS) has gone down by 1.34%.   Over the last month, the exchange rate of IBStoken (IBS) has gone down by 1.17% against Jamaican Dollar (JMD).

What factors influence the conversion rate of IBS to JMD?

There are many factors that affect the relationship between IBStoken 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 IBS/JMD. When there is positive news in the market about the widespread adoption of IBS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IBS/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IBS/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 IBS/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 IBStoken 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 IBStoken currency pairs: IBS to US Dollar (USD), IBS to Euro (EUR), IBS to Pound Sterling (GBP), IBS to Canadian Dollar (CAD), IBS to Indian Rupee (INR), IBS to Pakistani Rupee (PKR), IBS to Brazilian Real (BRL), IBS to…
The price of IBStoken in the US is $0.0008065 USD. Additionally, IBStoken’s price is €0.0006982 EUR in the eurozone, £0.0005944 GBP in the UK, C$0.001096 CAD in Canada, ₹0.06945 INR in India, ₨0.2282 PKR in Pakistan, R$0.004475 BRL in Brazil, and more.
The most popular IBStoken currency pair is the IBS to Jamaican Dollar(JMD). The price of 1 IBStoken (IBS) in Jamaican Dollar (JMD) is $0.1292.

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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.