FRIC
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 Frictionless(FRIC) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 FRIC at a value of 1 FRIC for 0.42 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 Frictionless currency pair is the FRIC to JMD, with for Frictionless's currency code being FRIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
FRIC to JMD conversion rate trend
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In the past 1D, Frictionless has changed -7.48% to JMD. Based on the trend and price charts, Frictionless(FRIC) has changed -7.48% to JMD while Jamaican Dollar(JMD) has changed % to FRIC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.4246 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:33:28(UTC+0)
How to buy Frictionless
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Frictionless (FRIC)
Use a variety of payment options to buy Frictionless on Bitget. We'll show you how.
Buy FRIC (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of FRIC with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy FRIC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell FRIC (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of FRIC to JMD. However, you can first exchange FRIC 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 Frictionless to Jamaican Dollar?
Frictionless to Jamaican Dollar is falling this week.Frictionless's current market price is $ 0.4246 per FRIC, with a total market cap of $ 0 JMD based on a circulating supply of -- FRIC. The trading volume of Frictionless has changed by +124.08% ($ 133,947.47 JMD) in the last 24 hours. Last trading day, FRIC's trading volume was $ 107,949.72.
Market cap
$0
24h volume
$1.55K
Circulating supply
0 FRIC
Conversion tables
The exchange rate of Frictionless is increasing.1 FRIC is currently valued at $ 0.4246 JMD , which means buying 5 FRIC will cost $ 2.12 JMD . Similarly, $1 JMD can be traded for 2.36 FRIC, and $50 JMD can be converted to 117.76 FRIC, excluding any platform or gas fees.
The exchange rate of 1 FRIC to Jamaican Dollar has changed by -17.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.48%, reaching a high of 0.4589 JMD and a low of 0.4246 JMD . One month ago, the value of 1 FRIC was $ 0.2153 JMD , which represents a +97.18% change from its current value. Over the last year, Frictionless has changed by , resulting in a change of +25.49% in its value.
+$
0.08624JMDFRIC to JMD
Amount
18:19 today
0.5 FRIC
$0.2123
1 FRIC
$0.4246
5 FRIC
$2.12
10 FRIC
$4.25
50 FRIC
$21.23
100 FRIC
$42.46
500 FRIC
$212.29
1000 FRIC
$424.59
JMD to FRIC
Amount18:19 today
0.5JMD1.18 FRIC
1JMD2.36 FRIC
5JMD11.78 FRIC
10JMD23.55 FRIC
50JMD117.76 FRIC
100JMD235.52 FRIC
500JMD1,177.61 FRIC
1000JMD2,355.22 FRIC
Today vs. 24 hours ago
| Amount | 18:19 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRIC | $0.001358 | $0.001468 | -7.48% |
| 1 FRIC | $0.002717 | $0.002936 | -7.48% |
| 5 FRIC | $0.01358 | $0.01468 | -7.48% |
| 10 FRIC | $0.02717 | $0.02936 | -7.48% |
| 50 FRIC | $0.1358 | $0.1468 | -7.48% |
| 100 FRIC | $0.2717 | $0.2936 | -7.48% |
| 500 FRIC | $1.36 | $1.47 | -7.48% |
| 1000 FRIC | $2.72 | $2.94 | -7.48% |
Today vs. 1 month ago
| Amount | 18:19 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRIC | $0.001358 | $0.0006889 | +97.18% |
| 1 FRIC | $0.002717 | $0.001378 | +97.18% |
| 5 FRIC | $0.01358 | $0.006889 | +97.18% |
| 10 FRIC | $0.02717 | $0.01378 | +97.18% |
| 50 FRIC | $0.1358 | $0.06889 | +97.18% |
| 100 FRIC | $0.2717 | $0.1378 | +97.18% |
| 500 FRIC | $1.36 | $0.6889 | +97.18% |
| 1000 FRIC | $2.72 | $1.38 | +97.18% |
Today vs. 1 year ago
| Amount | 18:19 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRIC | $0.001358 | $0.001082 | +25.49% |
| 1 FRIC | $0.002717 | $0.002165 | +25.49% |
| 5 FRIC | $0.01358 | $0.01082 | +25.49% |
| 10 FRIC | $0.02717 | $0.02165 | +25.49% |
| 50 FRIC | $0.1358 | $0.1082 | +25.49% |
| 100 FRIC | $0.2717 | $0.2165 | +25.49% |
| 500 FRIC | $1.36 | $1.08 | +25.49% |
| 1000 FRIC | $2.72 | $2.16 | +25.49% |
Frictionless price prediction
What will the price of FRIC be in 2025?
Based on FRIC's historical price performance prediction model, the price of FRIC is projected to reach $0.004720 in 2025.
What will the price of FRIC be in 2030?
In 2030, the FRIC price is expected to change by 0.00%. By the end of 2030, the FRIC price is projected to reach $0.008366, with a cumulative ROI of +169.12%.
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Popular Frictionless conversions
Check out these popular currency conversions of Frictionless to several fiat currencies.
Frictionless to USD
1 FRIC to $ 0.002717 USD
Frictionless to GBP
1 FRIC to £ 0.002171 GBP
Frictionless to EUR
1 FRIC to € 0.002613 EUR
Frictionless to KRW
1 FRIC to ₩ 3.94 KRW
Frictionless to CAD
1 FRIC to $ 0.003915 CAD
Frictionless to AUD
1 FRIC to $ 0.004361 AUD
Frictionless to JPY
1 FRIC to ¥ 0.4271 JPY
Frictionless to BRL
1 FRIC to R$ 0.01678 BRL
Frictionless to CNY
1 FRIC to ¥ 0.01984 CNY
Frictionless to TWD
1 FRIC to NT$ 0.08886 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Frictionless.
Bitcoin to JMD
1 BTC to $ 14,605,106.85 JMD
Aave to JMD
1 AAVE to $ 55,392.7 JMD
Ethereum to JMD
1 ETH to $ 521,044.93 JMD
BNB to JMD
1 BNB to $ 106,647.07 JMD
Frax Share to JMD
1 FXS to $ 490.66 JMD
Hedera to JMD
1 HBAR to $ 42.01 JMD
Chainlink to JMD
1 LINK to $ 3,534.37 JMD
Algorand to JMD
1 ALGO to $ 55.26 JMD
QuarkChain to JMD
1 QKC to $ 1.77 JMD
Virtuals Protocol to JMD
1 VIRTUAL to $ 422.83 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 Frictionless 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 Frictionless 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 Frictionless 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.
