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SIMMI to JMD Converter and calculator

SIMMI/JMD: 1 SIMMI = 0.003935 JMD. The price of converting 1 Simmi (SIMMI) to Jamaican Dollar (JMD) is 0.003935 JMD today.
SIMMI
SIMMI
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SIMMI to JMD real-time exchange rates, making it easy to convert Simmi (SIMMI) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 SIMMI is currently valued at 0.003935 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SIMMI is currently valued at 0.003935 JMD, which means buying 5 SIMMI would cost 0.01968 JMD. Similarly, $1 JMD can be converted to 254.1 SIMMI, and $50 JMD can be converted to 1,270.52 SIMMI, excluding any platform or gas fees.

Convert SIMMI to JMD

Convert JMD to SIMMI

Simmi
Jamaican Dollar
1 SIMMI
0.003935  JMD
2 SIMMI
0.007871  JMD
10 SIMMI
0.03935  JMD
20 SIMMI
0.07871  JMD
100 SIMMI
0.3935  JMD
200 SIMMI
0.7871  JMD
5000 SIMMI
19.68  JMD
10000 SIMMI
39.35  JMD
In the table above, you'll find a comprehensive SIMMI to JMD converter that shows the value of Simmi in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 SIMMI to JMD, all the way up to 10000 SIMMI, providing a clear view of their respective values.
Jamaican Dollar
Simmi
100 JMD
25,410.48 SIMMI
200 JMD
50,820.97 SIMMI
500 JMD
127,052.42 SIMMI
1000 JMD
254,104.85 SIMMI
2000 JMD
508,209.69 SIMMI
5000 JMD
1,270,524.23 SIMMI
10000 JMD
2,541,048.47 SIMMI
50000 JMD
12,705,242.35 SIMMI
100000 JMD
25,410,484.7 SIMMI
In the table above, you'll find a comprehensive JMD to SIMMI converter that shows the value of Jamaican Dollar in Simmi across commonly used conversion amounts. The list covers conversions from 1 JMD to SIMMI, all the way up to 100000 JMD, providing a clear view of their respective values.

SIMMI to JMD chart

SIMMI/JMD: 1 SIMMI = 0.003935 JMD; 2025/06/18 11:32:08
In the past 1D, Simmi has changed +4.60% to JMD. Based on the trend and price charts, Simmi(SIMMI) has changed +4.60% to JMD while Jamaican Dollar(JMD) has changed % to SIMMI in the last 24 hours.
1D7D1M3M1YAll

SIMMI to JMD conversion data: Volatility and price changes of Simmi in JMD

The highest Simmi price in JMD over the past 7 days was 0.005698 JMD while the lowest Simmi price in JMD over the past 7 days was 0.003706 JMD. The relative change between the highs and lows in Simmi price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and SIMMI 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
0.004023 JMD
0.005698 JMD
0.007008 JMD
0.007008 JMD
Low
0.003600 JMD
0.003706 JMD
0.003600 JMD
0.001327 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+4.60%
-25.98%
-23.52%
+163.64%

Simmi information

SIMMI to JMD market statistics

SIMMI/JMD:
$0.003935
SIMMI 24h volume:
$17,518,096.21
SIMMI market cap:
--
SIMMI circulating supply:
0 SIMMI

Current SIMMI to JMD exchange rate

Simmi to Jamaican Dollar is falling this week.
Simmi's current market price is $0.003935 per SIMMI, with a total market cap of $0 JMD based on a circulating supply of -- SIMMI. The trading volume of Simmi has changed by -6.94% ($-1,307,190.24 JMD) in the last 24 hours. Last trading day, SIMMI's trading volume was $18,825,286.45.

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

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How to convert SIMMI to JMD

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SIMMI to JMD Conversion tables

The exchange rate of Simmi is decreasing.
The exchange rate of 1 SIMMI to Jamaican Dollar has changed by -25.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.60%, reaching a high of 0.004023 JMD and a low of 0.003600 JMD . One month ago, the value of 1 SIMMI was $0.005145 JMD , which represents a -23.52% change from its current value. Over the last year, Simmi has changed by
+$
0.003932JMD
, resulting in a change of -64.74% in its value.
24 hours ago1 month ago1 year ago
Amount 11:32 am today 24 hours ago 24h change
0.5 SIMMI
$0.001968$0.001881
+4.60%
1 SIMMI
$0.003935$0.003763
+4.60%
5 SIMMI
$0.01968$0.01881
+4.60%
10 SIMMI
$0.03935$0.03763
+4.60%
50 SIMMI
$0.1968$0.1881
+4.60%
100 SIMMI
$0.3935$0.3763
+4.60%
500 SIMMI
$1.97$1.88
+4.60%
1000 SIMMI
$3.94$3.76
+4.60%

SIMMI to JMD FAQ

How much is 1 Simmi in JMD?
Right now, the price of 1 Simmi (SIMMI) in Jamaican Dollar (JMD) is $0.003935.
How much SIMMI can I buy for 1 JMD?
Based on the current exchange rate, you can get 254.1 SIMMI for 1 JMD.
How do I calculate or convert SIMMI to JMD?
You can use our SIMMI to JMD calculator at the top of this page to convert any amount of SIMMI to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 1,270.52 SIMMI, while 5 SIMMI will cost around 0.01968JMD.
What is the highest price of SIMMI/JMD in history?
The all-time high price of 1 SIMMI in JMD is $0.06794. It remains to be seen if the value of 1 SIMMI/JMD will exceed the current all-time high.
What is the price trend of Simmi in JMD?
Over the past 7 days, the exchange rate of Simmi (SIMMI) has gone down by 25.98%.   Over the last month, the exchange rate of Simmi (SIMMI) has gone down by 23.52% against Jamaican Dollar (JMD).

What factors influence the conversion rate of SIMMI to JMD?

There are many factors that affect the relationship between Simmi 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 SIMMI/JMD. When there is positive news in the market about the widespread adoption of SIMMI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SIMMI/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SIMMI/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 SIMMI/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 Simmi 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 Simmi currency pairs: SIMMI to US Dollar (USD), SIMMI to Euro (EUR), SIMMI to Pound Sterling (GBP), SIMMI to Canadian Dollar (CAD), SIMMI to Indian Rupee (INR), SIMMI to Pakistani Rupee (PKR), SIMMI to Brazilian Real (BRL), SIMMI to…
The price of Simmi in the US is $0.{4}2474 USD. Additionally, Simmi’s price is €0.{4}2151 EUR in the eurozone, £0.{4}1839 GBP in the UK, C$0.{4}3380 CAD in Canada, ₹0.002139 INR in India, ₨0.007007 PKR in Pakistan, R$0.0001359 BRL in Brazil, and more.
The most popular Simmi currency pair is the SIMMI to Jamaican Dollar(JMD). The price of 1 Simmi (SIMMI) in Jamaican Dollar (JMD) is $0.003935.

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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.