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Tranchess to Jamaican Dollar Converter and calculator

Convert 1Tranchess (CHESS) to Jamaican Dollar (JMD) equals $ 24.8 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Tranchess(CHESS) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 CHESS at a value of 1 CHESS for 24.80 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Tranchess currency pair is the CHESS to JMD, with for Tranchess's currency code being CHESS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

CHESS to JMD conversion rate trend

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In the past 1D, Tranchess has changed -2.72% to JMD. Based on the trend and price charts, Tranchess(CHESS) has changed -2.72% to JMD while Jamaican Dollar(JMD) has changed % to CHESS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$23.82
0.0200% / 0.0320%vip-iconVIP 7
Binance
$24.39
0.1000% / 0.1000%
Yes
Gate.io
$24.42
0.1000% / 0.1000%
Yes
Last updated 2024/11/14 00:00:21(UTC+0)

How to buy Tranchess

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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.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Tranchess (CHESS)
Use a variety of payment options to buy Tranchess on Bitget. We'll show you how.

Buy CHESS (or USDT) for JMD (Jamaican Dollar) offers

Bitget P2P trading does not currently support direct buying of CHESS with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy CHESS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell CHESS (or USDT) for JMD (Jamaican Dollar) offers

Bitget P2P trading currently does not support direct selling of CHESS to JMD. However, you can first exchange CHESS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Tranchess to Jamaican Dollar?

Tranchess to Jamaican Dollar is rising this week.
Tranchess's current market price is $ 24.8 per CHESS, with a total market cap of $ 4,749,770,566.03 JMD based on a circulating supply of 191,496,000 CHESS. The trading volume of Tranchess has changed by -10.17% ($ -118,594,052.04 JMD) in the last 24 hours. Last trading day, CHESS's trading volume was $ 1,166,632,748.43.
Market cap
$29.77M
24h volume
$6.57M
Circulating supply
191.50M CHESS

Conversion tables

The exchange rate of Tranchess is increasing.
1 CHESS is currently valued at $ 24.8 JMD , which means buying 5 CHESS will cost $ 124.02 JMD . Similarly, $1 JMD can be traded for 0.04032 CHESS, and $50 JMD can be converted to 2.02 CHESS, excluding any platform or gas fees.
The exchange rate of 1 CHESS to Jamaican Dollar has changed by +2.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.72%, reaching a high of 26.83 JMD and a low of 23.35 JMD . One month ago, the value of 1 CHESS was $ 23.23 JMD , which represents a +6.79% change from its current value. Over the last year, Tranchess has changed by
-$
0.1438JMD
, resulting in a change of -0.58% in its value.

CHESS to JMD

Amount
04:53 am today
0.5 CHESS
$12.4
1 CHESS
$24.8
5 CHESS
$124.02
10 CHESS
$248.03
50 CHESS
$1,240.17
100 CHESS
$2,480.35
500 CHESS
$12,401.75
1000 CHESS
$24,803.5

JMD to CHESS

Amount04:53 am today
0.5JMD0.02016  CHESS
1JMD0.04032  CHESS
5JMD0.2016  CHESS
10JMD0.4032  CHESS
50JMD2.02  CHESS
100JMD4.03  CHESS
500JMD20.16  CHESS
1000JMD40.32  CHESS

Today vs. 24 hours ago

Amount04:53 am today24 hours ago24h change
0.5 CHESS$0.07773$0.07991
-2.72%
1 CHESS$0.1555$0.1598
-2.72%
5 CHESS$0.7773$0.7991
-2.72%
10 CHESS$1.55$1.6
-2.72%
50 CHESS$7.77$7.99
-2.72%
100 CHESS$15.55$15.98
-2.72%
500 CHESS$77.73$79.91
-2.72%
1000 CHESS$155.47$159.81
-2.72%

Today vs. 1 month ago

Amount04:53 am today1 month ago1M change
0.5 CHESS$0.07773$0.07280
+6.79%
1 CHESS$0.1555$0.1456
+6.79%
5 CHESS$0.7773$0.7280
+6.79%
10 CHESS$1.55$1.46
+6.79%
50 CHESS$7.77$7.28
+6.79%
100 CHESS$15.55$14.56
+6.79%
500 CHESS$77.73$72.8
+6.79%
1000 CHESS$155.47$145.61
+6.79%

Today vs. 1 year ago

Amount04:53 am today1 year ago1Y change
0.5 CHESS$0.07773$0.07819
-0.58%
1 CHESS$0.1555$0.1564
-0.58%
5 CHESS$0.7773$0.7819
-0.58%
10 CHESS$1.55$1.56
-0.58%
50 CHESS$7.77$7.82
-0.58%
100 CHESS$15.55$15.64
-0.58%
500 CHESS$77.73$78.19
-0.58%
1000 CHESS$155.47$156.37
-0.58%

Tranchess price prediction

What will the price of CHESS be in 2025?

Based on CHESS's historical price performance prediction model, the price of CHESS is projected to reach $0.03244 in 2025.

What will the price of CHESS be in 2030?

In 2030, the CHESS price is expected to change by -10.00%. By the end of 2030, the CHESS price is projected to reach $0.04821, with a cumulative ROI of -70.14%.

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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 Tranchess 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 Tranchess 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 Tranchess 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.