RLY
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 Rally(RLY) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 RLY at a value of 1 RLY for 0.50 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 Rally currency pair is the RLY to JMD, with for Rally's currency code being RLY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
RLY to JMD conversion rate trend
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In the past 1D, Rally has changed -5.05% to JMD. Based on the trend and price charts, Rally(RLY) has changed -5.05% to JMD while Jamaican Dollar(JMD) has changed % to RLY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $1.29 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | $0.5589 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.5097 | 0.1000% / 0.1000% | Yes |
Bitfinex | $0.5224 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/15 00:00:21(UTC+0)
How to buy Rally
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Buy Rally (RLY)
Use a variety of payment options to buy Rally on Bitget. We'll show you how.
Learn MoreBuy RLY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of RLY with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy RLY with USDT via Bitget spot market.
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Sell RLY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of RLY to JMD. However, you can first exchange RLY 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 Rally to Jamaican Dollar?
Rally to Jamaican Dollar is falling this week.Rally's current market price is $ 0.5035 per RLY, with a total market cap of $ 2,633,023,777.42 JMD based on a circulating supply of 5,229,669,400 RLY. The trading volume of Rally has changed by +44.17% ($ 472,547,286.73 JMD) in the last 24 hours. Last trading day, RLY's trading volume was $ 1,069,898,198.29.
Market cap
$16.63M
24h volume
$9.74M
Circulating supply
5.23B RLY
Conversion tables
The exchange rate of Rally is decreasing.1 RLY is currently valued at $ 0.5035 JMD , which means buying 5 RLY will cost $ 2.52 JMD . Similarly, $1 JMD can be traded for 1.99 RLY, and $50 JMD can be converted to 99.31 RLY, excluding any platform or gas fees.
The exchange rate of 1 RLY to Jamaican Dollar has changed by -14.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.05%, reaching a high of 0.6285 JMD and a low of 0.4998 JMD . One month ago, the value of 1 RLY was $ 0.9494 JMD , which represents a -46.97% change from its current value. Over the last year, Rally has changed by , resulting in a change of -48.30% in its value.
-$
0.4703JMDRLY to JMD
Amount
05:34 am today
0.5 RLY
$0.2517
1 RLY
$0.5035
5 RLY
$2.52
10 RLY
$5.03
50 RLY
$25.17
100 RLY
$50.35
500 RLY
$251.74
1000 RLY
$503.48
JMD to RLY
Amount05:34 am today
0.5JMD0.9931 RLY
1JMD1.99 RLY
5JMD9.93 RLY
10JMD19.86 RLY
50JMD99.31 RLY
100JMD198.62 RLY
500JMD993.09 RLY
1000JMD1,986.18 RLY
Today vs. 24 hours ago
| Amount | 05:34 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RLY | $0.001590 | $0.001675 | -5.05% |
| 1 RLY | $0.003181 | $0.003350 | -5.05% |
| 5 RLY | $0.01590 | $0.01675 | -5.05% |
| 10 RLY | $0.03181 | $0.03350 | -5.05% |
| 50 RLY | $0.1590 | $0.1675 | -5.05% |
| 100 RLY | $0.3181 | $0.3350 | -5.05% |
| 500 RLY | $1.59 | $1.67 | -5.05% |
| 1000 RLY | $3.18 | $3.35 | -5.05% |
Today vs. 1 month ago
| Amount | 05:34 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RLY | $0.001590 | $0.002999 | -46.97% |
| 1 RLY | $0.003181 | $0.005998 | -46.97% |
| 5 RLY | $0.01590 | $0.02999 | -46.97% |
| 10 RLY | $0.03181 | $0.05998 | -46.97% |
| 50 RLY | $0.1590 | $0.2999 | -46.97% |
| 100 RLY | $0.3181 | $0.5998 | -46.97% |
| 500 RLY | $1.59 | $3 | -46.97% |
| 1000 RLY | $3.18 | $6 | -46.97% |
Today vs. 1 year ago
| Amount | 05:34 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RLY | $0.001590 | $0.003076 | -48.30% |
| 1 RLY | $0.003181 | $0.006152 | -48.30% |
| 5 RLY | $0.01590 | $0.03076 | -48.30% |
| 10 RLY | $0.03181 | $0.06152 | -48.30% |
| 50 RLY | $0.1590 | $0.3076 | -48.30% |
| 100 RLY | $0.3181 | $0.6152 | -48.30% |
| 500 RLY | $1.59 | $3.08 | -48.30% |
| 1000 RLY | $3.18 | $6.15 | -48.30% |
Rally price prediction
What will the price of RLY be in 2025?
Based on RLY's historical price performance prediction model, the price of RLY is projected to reach $0.0009690 in 2025.
What will the price of RLY be in 2030?
In 2030, the RLY price is expected to change by -18.00%. By the end of 2030, the RLY price is projected to reach $0.001156, with a cumulative ROI of -66.60%.
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Popular Rally conversions
Check out these popular currency conversions of Rally to several fiat currencies.
Rally to USD
1 RLY to $ 0.003181 USD
Rally to GBP
1 RLY to £ 0.002509 GBP
Rally to EUR
1 RLY to € 0.003018 EUR
Rally to KRW
1 RLY to ₩ 4.46 KRW
Rally to CAD
1 RLY to $ 0.004472 CAD
Rally to AUD
1 RLY to $ 0.004922 AUD
Rally to JPY
1 RLY to ¥ 0.4978 JPY
Rally to BRL
1 RLY to R$ 0.01841 BRL
Rally to CNY
1 RLY to ¥ 0.02303 CNY
Rally to TWD
1 RLY to NT$ 0.1036 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Rally.
EGO to JMD
1 EGO to $ 3.35 JMD
Credefi to JMD
1 CREDI to $ 2.31 JMD
XODEX to JMD
1 XODEX to $ 0.05026 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 264.59 JMD
dogwifhat to JMD
1 WIF to $ 548.31 JMD
Pepe to JMD
1 PEPE to $ 0.003063 JMD
Mog Coin to JMD
1 MOG to $ 0.0003561 JMD
Bitcoin to JMD
1 BTC to $ 13,891,220.85 JMD
Popcat (SOL) to JMD
1 POPCAT to $ 246.1 JMD
SolarX to JMD
1 SXCH to $ 3.3 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 Rally 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 Rally 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 Rally 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.
