Bitget converter provides WETH to JMD real-time exchange rates, making it easy to convert WETH (WETH) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 WETH is currently valued at 488,767.51 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WETH is currently valued at 488,767.51 JMD, which means buying 5 WETH would cost 2,443,837.53 JMD. Similarly, $1 JMD can be converted to 0.{5}2046 WETH, and $50 JMD can be converted to 0.{4}1023 WETH, excluding any platform or gas fees.
In the table above, you'll find a comprehensive WETH to JMD converter that shows the value of WETH in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 WETH to JMD, all the way up to 10000 WETH, providing a clear view of their respective values.
In the table above, you'll find a comprehensive JMD to WETH converter that shows the value of Jamaican Dollar in WETH across commonly used conversion amounts. The list covers conversions from 1 JMD to WETH, all the way up to 100000 JMD, providing a clear view of their respective values.
In the past 1D, WETH has changed -0.07% to JMD. Based on the trend and price charts, WETH(WETH) has changed -0.07% to JMD while Jamaican Dollar(JMD) has changed % to WETH in the last 24 hours.
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WETH to JMD conversion data: Volatility and price changes of WETH in JMD
The highest WETH price in JMD over the past 7 days was 580,087.57 JMD while the lowest WETH price in JMD over the past 7 days was 540,929.43 JMD. The relative change between the highs and lows in WETH price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and WETH 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
575,167.07 JMD
580,087.57 JMD
631,569.67 JMD
631,569.67 JMD
Low
563,526.72 JMD
540,929.43 JMD
540,929.43 JMD
456,362.85 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-0.07%
+1.30%
-6.84%
+5.21%
WETH information
WETH to JMD market statistics
WETH/JMD:
$488,767.51
WETH 24h volume:
$284,830,686,178.13
WETH market cap:
$1,649,745,576,040.48
WETH circulating supply:
3.38M WETH
Current WETH to JMD exchange rate
WETH to Jamaican Dollar is rising this week.
WETH's current market price is $488,767.51 per WETH, with a total market cap of $1,649,745,576,040.48 JMD based on a circulating supply of 3,375,317.5 WETH. The trading volume of WETH has changed by -11.36% ($-36,495,959,036.87 JMD) in the last 24 hours. Last trading day, WETH's trading volume was $321,326,645,215.
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 WETH currency pair is the WETH to JMD, with for WETH's currency code being WETH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
The exchange rate of 1 WETH to Jamaican Dollar has changed by +1.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.07%, reaching a high of 575,167.07 JMD and a low of 563,526.72 JMD . One month ago, the value of 1 WETH was $530,157.57 JMD , which represents a -6.84% change from its current value. Over the last year, WETH has changed by
+$
108,128.99JMD
, resulting in a change of +90.72% in its value.
24 hours ago1 month ago1 year ago
Amount
20:12 today
24 hours ago
24h change
0.5 WETH
$244,383.75
$244,577.62
-0.07%
1 WETH
$488,767.51
$489,155.23
-0.07%
5 WETH
$2,443,837.53
$2,445,776.16
-0.07%
10 WETH
$4,887,675.06
$4,891,552.32
-0.07%
50 WETH
$24,438,375.32
$24,457,761.6
-0.07%
100 WETH
$48,876,750.64
$48,915,523.2
-0.07%
500 WETH
$244,383,753.21
$244,577,615.99
-0.07%
1000 WETH
$488,767,506.42
$489,155,231.98
-0.07%
WETH to JMD FAQ
How much is 1 WETH in JMD?
Right now, the price of 1 WETH (WETH) in Jamaican Dollar (JMD) is $488,767.51.
How much WETH can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.{5}2046 WETH for 1 JMD.
How do I calculate or convert WETH to JMD?
You can use our WETH to JMD calculator at the top of this page to convert any amount of WETH to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.{4}1023 WETH, while 5 WETH will cost around 2,443,837.53JMD.
What is the highest price of WETH/JMD in history?
The all-time high price of 1 WETH in JMD is $780,366.15. It remains to be seen if the value of 1 WETH/JMD will exceed the current all-time high.
What is the price trend of WETH in JMD?
Over the past 7 days, the exchange rate of WETH (WETH) has gone up by 1.30%.
Over the last month, the exchange rate of WETH (WETH) has gone down by 6.84% against Jamaican Dollar (JMD).
What factors influence the conversion rate of WETH to JMD?
There are many factors that affect the relationship between WETH 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 WETH/JMD. When there is positive news in the market about the widespread adoption of WETH or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WETH/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WETH/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 WETH/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 WETH and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular WETH currency pairs: WETH to US Dollar (USD), WETH to Euro (EUR), WETH to Pound Sterling (GBP), WETH to Canadian Dollar (CAD), WETH to Indian Rupee (INR), WETH to Pakistani Rupee (PKR), WETH to Brazilian Real (BRL), WETH to… The price of WETH in the US is $3,056.33 USD. Additionally, WETH’s price is €2,634.56 EUR in the eurozone, £2,282.77 GBP in the UK, C$4,191.14 CAD in Canada, ₹262,777.35 INR in India, ₨869,984.02 PKR in Pakistan, R$17,008.78 BRL in Brazil, and more. The most popular WETH currency pair is the WETH to Jamaican Dollar(JMD). The price of 1 WETH (WETH) in Jamaican Dollar (JMD) is $488,767.51.
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.