OBS
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 One Basis(OBS) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 OBS at a value of 1 OBS for 21.26 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 One Basis currency pair is the OBS to JMD, with for One Basis's currency code being OBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
OBS to JMD conversion rate trend
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In the past 1D, One Basis has changed +3.26% to JMD. Based on the trend and price charts, One Basis(OBS) has changed +3.26% to JMD while Jamaican Dollar(JMD) has changed % to OBS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $21.26 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/13 08:34:00(UTC+0)
How to buy One Basis
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy One Basis (OBS)
Use a variety of payment options to buy One Basis on Bitget. We'll show you how.
Buy OBS (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of OBS with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy OBS 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 OBS (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of OBS to JMD. However, you can first exchange OBS 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 One Basis to Jamaican Dollar?
One Basis to Jamaican Dollar is falling this week.One Basis's current market price is $ 21.26 per OBS, with a total market cap of $ 0 JMD based on a circulating supply of -- OBS. The trading volume of One Basis has changed by -72.03% ($ -54,645.06 JMD) in the last 24 hours. Last trading day, OBS's trading volume was $ 75,862.62.
Market cap
$0
24h volume
$135.32634193
Circulating supply
0 OBS
Conversion tables
The exchange rate of One Basis is increasing.1 OBS is currently valued at $ 21.26 JMD , which means buying 5 OBS will cost $ 106.28 JMD . Similarly, $1 JMD can be traded for 0.04705 OBS, and $50 JMD can be converted to 2.35 OBS, excluding any platform or gas fees.
The exchange rate of 1 OBS to Jamaican Dollar has changed by -11.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.26%, reaching a high of 21.26 JMD and a low of 20.36 JMD . One month ago, the value of 1 OBS was $ 20.47 JMD , which represents a +3.85% change from its current value. Over the last year, One Basis has changed by , resulting in a change of +34.37% in its value.
+$
5.44JMDOBS to JMD
Amount
08:45 am today
0.5 OBS
$10.63
1 OBS
$21.26
5 OBS
$106.28
10 OBS
$212.55
50 OBS
$1,062.77
100 OBS
$2,125.55
500 OBS
$10,627.73
1000 OBS
$21,255.46
JMD to OBS
Amount08:45 am today
0.5JMD0.02352 OBS
1JMD0.04705 OBS
5JMD0.2352 OBS
10JMD0.4705 OBS
50JMD2.35 OBS
100JMD4.7 OBS
500JMD23.52 OBS
1000JMD47.05 OBS
Today vs. 24 hours ago
| Amount | 08:45 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OBS | $0.06778 | $0.06564 | +3.26% |
| 1 OBS | $0.1356 | $0.1313 | +3.26% |
| 5 OBS | $0.6778 | $0.6564 | +3.26% |
| 10 OBS | $1.36 | $1.31 | +3.26% |
| 50 OBS | $6.78 | $6.56 | +3.26% |
| 100 OBS | $13.56 | $13.13 | +3.26% |
| 500 OBS | $67.78 | $65.64 | +3.26% |
| 1000 OBS | $135.57 | $131.28 | +3.26% |
Today vs. 1 month ago
| Amount | 08:45 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OBS | $0.06778 | $0.06527 | +3.85% |
| 1 OBS | $0.1356 | $0.1305 | +3.85% |
| 5 OBS | $0.6778 | $0.6527 | +3.85% |
| 10 OBS | $1.36 | $1.31 | +3.85% |
| 50 OBS | $6.78 | $6.53 | +3.85% |
| 100 OBS | $13.56 | $13.05 | +3.85% |
| 500 OBS | $67.78 | $65.27 | +3.85% |
| 1000 OBS | $135.57 | $130.54 | +3.85% |
Today vs. 1 year ago
| Amount | 08:45 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OBS | $0.06778 | $0.05045 | +34.37% |
| 1 OBS | $0.1356 | $0.1009 | +34.37% |
| 5 OBS | $0.6778 | $0.5045 | +34.37% |
| 10 OBS | $1.36 | $1.01 | +34.37% |
| 50 OBS | $6.78 | $5.04 | +34.37% |
| 100 OBS | $13.56 | $10.09 | +34.37% |
| 500 OBS | $67.78 | $50.45 | +34.37% |
| 1000 OBS | $135.57 | $100.89 | +34.37% |
One Basis price prediction
What will the price of OBS be in 2025?
Based on OBS's historical price performance prediction model, the price of OBS is projected to reach $0.1527 in 2025.
What will the price of OBS be in 2030?
In 2030, the OBS price is expected to change by -19.00%. By the end of 2030, the OBS price is projected to reach $0.1520, with a cumulative ROI of +12.12%.
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Popular One Basis conversions
Check out these popular currency conversions of One Basis to several fiat currencies.
One Basis to USD
1 OBS to $ 0.1356 USD
One Basis to GBP
1 OBS to £ 0.1072 GBP
One Basis to EUR
1 OBS to € 0.1296 EUR
One Basis to KRW
1 OBS to ₩ 194.32 KRW
One Basis to CAD
1 OBS to $ 0.1930 CAD
One Basis to AUD
1 OBS to $ 0.2131 AUD
One Basis to JPY
1 OBS to ¥ 20.72 JPY
One Basis to BRL
1 OBS to R$ 0.8132 BRL
One Basis to CNY
1 OBS to ¥ 0.9868 CNY
One Basis to TWD
1 OBS to NT$ 4.41 TWD
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1 AAVE to $ 57,413.06 JMD
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1 ELF to $ 82.46 JMD
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1 GOAT to $ 115.6 JMD
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1 TURBO to $ 1.85 JMD
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1 DOGE to $ 63.61 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 One Basis 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 One Basis 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 One Basis 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.
