OTB
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 OTCBTC Token(OTB) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 OTB at a value of 1 OTB for 0.26 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 OTCBTC Token currency pair is the OTB to JMD, with for OTCBTC Token's currency code being OTB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
OTB to JMD conversion rate trend
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In the past 1D, OTCBTC Token has changed -4.79% to JMD. Based on the trend and price charts, OTCBTC Token(OTB) has changed -4.79% to JMD while Jamaican Dollar(JMD) has changed % to OTB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.2642 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:40:44(UTC+0)
How to buy OTCBTC Token
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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 OTCBTC Token (OTB)
Use a variety of payment options to buy OTCBTC Token on Bitget. We'll show you how.
Buy OTB (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of OTB with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy OTB 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 OTB (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of OTB to JMD. However, you can first exchange OTB 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 OTCBTC Token to Jamaican Dollar?
OTCBTC Token to Jamaican Dollar is falling this week.OTCBTC Token's current market price is $ 0.2642 per OTB, with a total market cap of $ 0 JMD based on a circulating supply of -- OTB. The trading volume of OTCBTC Token has changed by 0.00% ($ 0 JMD) in the last 24 hours. Last trading day, OTB's trading volume was $ 0.
Market cap
$0
24h volume
$0
Circulating supply
0 OTB
Conversion tables
The exchange rate of OTCBTC Token is increasing.1 OTB is currently valued at $ 0.2642 JMD , which means buying 5 OTB will cost $ 1.32 JMD . Similarly, $1 JMD can be traded for 3.79 OTB, and $50 JMD can be converted to 189.25 OTB, excluding any platform or gas fees.
The exchange rate of 1 OTB to Jamaican Dollar has changed by -6.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.79%, reaching a high of 0.4366 JMD and a low of 0.4108 JMD . One month ago, the value of 1 OTB was $ 0.1369 JMD , which represents a +44.63% change from its current value. Over the last year, OTCBTC Token has changed by , resulting in a change of +86.78% in its value.
+$
0.1916JMDOTB to JMD
Amount
05:33 am today
0.5 OTB
$0.1321
1 OTB
$0.2642
5 OTB
$1.32
10 OTB
$2.64
50 OTB
$13.21
100 OTB
$26.42
500 OTB
$132.1
1000 OTB
$264.2
JMD to OTB
Amount05:33 am today
0.5JMD1.89 OTB
1JMD3.79 OTB
5JMD18.93 OTB
10JMD37.85 OTB
50JMD189.25 OTB
100JMD378.5 OTB
500JMD1,892.51 OTB
1000JMD3,785.03 OTB
Today vs. 24 hours ago
| Amount | 05:33 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OTB | $0.0008479 | $0.0009145 | -4.79% |
| 1 OTB | $0.001696 | $0.001829 | -4.79% |
| 5 OTB | $0.008479 | $0.009145 | -4.79% |
| 10 OTB | $0.01696 | $0.01829 | -4.79% |
| 50 OTB | $0.08479 | $0.09145 | -4.79% |
| 100 OTB | $0.1696 | $0.1829 | -4.79% |
| 500 OTB | $0.8479 | $0.9145 | -4.79% |
| 1000 OTB | $1.7 | $1.83 | -4.79% |
Today vs. 1 month ago
| Amount | 05:33 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OTB | $0.0008479 | $0.0004395 | +44.63% |
| 1 OTB | $0.001696 | $0.0008790 | +44.63% |
| 5 OTB | $0.008479 | $0.004395 | +44.63% |
| 10 OTB | $0.01696 | $0.008790 | +44.63% |
| 50 OTB | $0.08479 | $0.04395 | +44.63% |
| 100 OTB | $0.1696 | $0.08790 | +44.63% |
| 500 OTB | $0.8479 | $0.4395 | +44.63% |
| 1000 OTB | $1.7 | $0.8790 | +44.63% |
Today vs. 1 year ago
| Amount | 05:33 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OTB | $0.0008479 | $0.0002330 | +86.78% |
| 1 OTB | $0.001696 | $0.0004660 | +86.78% |
| 5 OTB | $0.008479 | $0.002330 | +86.78% |
| 10 OTB | $0.01696 | $0.004660 | +86.78% |
| 50 OTB | $0.08479 | $0.02330 | +86.78% |
| 100 OTB | $0.1696 | $0.04660 | +86.78% |
| 500 OTB | $0.8479 | $0.2330 | +86.78% |
| 1000 OTB | $1.7 | $0.4660 | +86.78% |
OTCBTC Token price prediction
What will the price of OTB be in 2025?
Based on OTB's historical price performance prediction model, the price of OTB is projected to reach $0.002430 in 2025.
What will the price of OTB be in 2030?
In 2030, the OTB price is expected to change by -4.00%. By the end of 2030, the OTB price is projected to reach $0.004675, with a cumulative ROI of +175.67%.
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Popular OTCBTC Token conversions
Check out these popular currency conversions of OTCBTC Token to several fiat currencies.
OTCBTC Token to USD
1 OTB to $ 0.001696 USD
OTCBTC Token to GBP
1 OTB to £ 0.001348 GBP
OTCBTC Token to EUR
1 OTB to € 0.001624 EUR
OTCBTC Token to KRW
1 OTB to ₩ 2.46 KRW
OTCBTC Token to CAD
1 OTB to $ 0.002435 CAD
OTCBTC Token to AUD
1 OTB to $ 0.002713 AUD
OTCBTC Token to JPY
1 OTB to ¥ 0.2655 JPY
OTCBTC Token to BRL
1 OTB to R$ 0.01031 BRL
OTCBTC Token to CNY
1 OTB to ¥ 0.01238 CNY
OTCBTC Token to TWD
1 OTB to NT$ 0.05545 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in OTCBTC Token.
Peanut the Squirrel to JMD
1 PNUT to $ 107.13 JMD
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1 HIVE to $ 54.25 JMD
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1 STEEM to $ 33.28 JMD
Verge to JMD
1 XVG to $ 2.03 JMD
BitTorrent [New] to JMD
1 BTT to $ 0.0001787 JMD
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Livepeer to JMD
1 LPT to $ 2,375.03 JMD
FTX Token to JMD
1 FTT to $ 486.11 JMD
Powerledger to JMD
1 POWR to $ 38.29 JMD
MovieBloc to JMD
1 MBL to $ 0.5357 JMD
Horizen to JMD
1 ZEN to $ 4,458.42 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 OTCBTC Token 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 OTCBTC Token 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 OTCBTC Token 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.
