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NEWM to JMD Converter and calculator

NEWM/JMD: 1 NEWM = 0.05068 JMD. The price of converting 1 NEWM (NEWM) to Jamaican Dollar (JMD) is 0.05068 JMD today.
NEWM
NEWM
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NEWM to JMD real-time exchange rates, making it easy to convert NEWM (NEWM) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 NEWM is currently valued at 0.05068 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NEWM is currently valued at 0.05068 JMD, which means buying 5 NEWM would cost 0.2534 JMD. Similarly, $1 JMD can be converted to 19.73 NEWM, and $50 JMD can be converted to 98.67 NEWM, excluding any platform or gas fees.

Convert NEWM to JMD

Convert JMD to NEWM

NEWM
Jamaican Dollar
5000 NEWM
253.38  JMD
10000 NEWM
506.75  JMD
In the table above, you'll find a comprehensive NEWM to JMD converter that shows the value of NEWM in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 NEWM to JMD, all the way up to 10000 NEWM, providing a clear view of their respective values.
Jamaican Dollar
NEWM
1000 JMD
19,733.56 NEWM
2000 JMD
39,467.13 NEWM
5000 JMD
98,667.82 NEWM
10000 JMD
197,335.65 NEWM
50000 JMD
986,678.23 NEWM
100000 JMD
1,973,356.46 NEWM
In the table above, you'll find a comprehensive JMD to NEWM converter that shows the value of Jamaican Dollar in NEWM across commonly used conversion amounts. The list covers conversions from 1 JMD to NEWM, all the way up to 100000 JMD, providing a clear view of their respective values.

NEWM to JMD chart

NEWM/JMD: 1 NEWM = 0.05068 JMD; 2025/06/22 02:08:20
In the past 1D, NEWM has changed -12.70% to JMD. Based on the trend and price charts, NEWM(NEWM) has changed -12.70% to JMD while Jamaican Dollar(JMD) has changed % to NEWM in the last 24 hours.
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NEWM to JMD conversion data: Volatility and price changes of NEWM in JMD

The highest NEWM price in JMD over the past 7 days was 0.07662 JMD while the lowest NEWM price in JMD over the past 7 days was 0.05064 JMD. The relative change between the highs and lows in NEWM price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and NEWM 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
0.06002 JMD
0.07662 JMD
0.1312 JMD
0.2345 JMD
Low
0.05064 JMD
0.05064 JMD
0.05064 JMD
0.05064 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-12.70%
-32.72%
-59.70%
-71.08%

NEWM information

NEWM to JMD market statistics

NEWM/JMD:
$0.05068
NEWM 24h volume:
$5,999,145.6
NEWM market cap:
--
NEWM circulating supply:
0 NEWM

Current NEWM to JMD exchange rate

NEWM to Jamaican Dollar is falling this week.
NEWM's current market price is $0.05068 per NEWM, with a total market cap of $0 JMD based on a circulating supply of -- NEWM. The trading volume of NEWM has changed by -2.58% ($-159,167.77 JMD) in the last 24 hours. Last trading day, NEWM's trading volume was $6,158,313.37.

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

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How to convert NEWM to JMD

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Convert NEWM to JMD
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NEWM to JMD Conversion tables

The exchange rate of NEWM is decreasing.
The exchange rate of 1 NEWM to Jamaican Dollar has changed by -32.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -12.70%, reaching a high of 0.06002 JMD and a low of 0.05064 JMD . One month ago, the value of 1 NEWM was $0.1258 JMD , which represents a -59.70% change from its current value. Over the last year, NEWM has changed by
-$
0.3949JMD
, resulting in a change of -88.63% in its value.
24 hours ago1 month ago1 year ago
Amount 02:08 am today 24 hours ago 24h change
0.5 NEWM
$0.02534$0.02902
-12.70%
1 NEWM
$0.05068$0.05805
-12.70%
5 NEWM
$0.2534$0.2902
-12.70%
10 NEWM
$0.5068$0.5805
-12.70%
50 NEWM
$2.53$2.9
-12.70%
100 NEWM
$5.07$5.8
-12.70%
500 NEWM
$25.34$29.02
-12.70%
1000 NEWM
$50.68$58.05
-12.70%

NEWM to JMD FAQ

How much is 1 NEWM in JMD?
Right now, the price of 1 NEWM (NEWM) in Jamaican Dollar (JMD) is $0.05068.
How much NEWM can I buy for 1 JMD?
Based on the current exchange rate, you can get 19.73 NEWM for 1 JMD.
How do I calculate or convert NEWM to JMD?
You can use our NEWM to JMD calculator at the top of this page to convert any amount of NEWM to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 98.67 NEWM, while 5 NEWM will cost around 0.2534JMD.
What is the highest price of NEWM/JMD in history?
The all-time high price of 1 NEWM in JMD is $3.98. It remains to be seen if the value of 1 NEWM/JMD will exceed the current all-time high.
What is the price trend of NEWM in JMD?
Over the past 7 days, the exchange rate of NEWM (NEWM) has gone down by 32.72%.   Over the last month, the exchange rate of NEWM (NEWM) has gone down by 59.70% against Jamaican Dollar (JMD).

What factors influence the conversion rate of NEWM to JMD?

There are many factors that affect the relationship between NEWM 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 NEWM/JMD. When there is positive news in the market about the widespread adoption of NEWM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NEWM/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NEWM/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 NEWM/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 NEWM 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 NEWM currency pairs: NEWM to US Dollar (USD), NEWM to Euro (EUR), NEWM to Pound Sterling (GBP), NEWM to Canadian Dollar (CAD), NEWM to Indian Rupee (INR), NEWM to Pakistani Rupee (PKR), NEWM to Brazilian Real (BRL), NEWM to…
The price of NEWM in the US is $0.0003177 USD. Additionally, NEWM’s price is €0.0002757 EUR in the eurozone, £0.0002361 GBP in the UK, C$0.0004363 CAD in Canada, ₹0.02751 INR in India, ₨0.09020 PKR in Pakistan, R$0.001751 BRL in Brazil, and more.
The most popular NEWM currency pair is the NEWM to Jamaican Dollar(JMD). The price of 1 NEWM (NEWM) in Jamaican Dollar (JMD) is $0.05068.

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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.