FREL
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 Freela(FREL) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 FREL at a value of 1 FREL for 0.03 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 Freela currency pair is the FREL to JMD, with for Freela's currency code being FREL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
FREL to JMD conversion rate trend
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In the past 1D, Freela has changed -0.32% to JMD. Based on the trend and price charts, Freela(FREL) has changed -0.32% to JMD while Jamaican Dollar(JMD) has changed % to FREL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.03286 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/31 16:32:03(UTC+0)
How to buy Freela
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 Freela (FREL)
Use a variety of payment options to buy Freela on Bitget. We'll show you how.
Buy FREL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of FREL with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy FREL 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 FREL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of FREL to JMD. However, you can first exchange FREL 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 Freela to Jamaican Dollar?
Freela to Jamaican Dollar is rising this week.Freela's current market price is $ 0.03261 per FREL, with a total market cap of $ 0 JMD based on a circulating supply of -- FREL. The trading volume of Freela has changed by +6.24% ($ 2,741,282.15 JMD) in the last 24 hours. Last trading day, FREL's trading volume was $ 43,933,620.01.
Market cap
$0
24h volume
$298.76K
Circulating supply
0 FREL
Conversion tables
The exchange rate of Freela is increasing.1 FREL is currently valued at $ 0.03261 JMD , which means buying 5 FREL will cost $ 0.1631 JMD . Similarly, $1 JMD can be traded for 30.66 FREL, and $50 JMD can be converted to 1,533.2 FREL, excluding any platform or gas fees.
The exchange rate of 1 FREL to Jamaican Dollar has changed by +6.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.32%, reaching a high of 0.03291 JMD and a low of 0.03259 JMD . One month ago, the value of 1 FREL was $ 0.03032 JMD , which represents a +7.50% change from its current value. Over the last year, Freela has changed by , resulting in a change of +30.48% in its value.
+$
0.007658JMDFREL to JMD
Amount
21:23 today
0.5 FREL
$0.01631
1 FREL
$0.03261
5 FREL
$0.1631
10 FREL
$0.3261
50 FREL
$1.63
100 FREL
$3.26
500 FREL
$16.31
1000 FREL
$32.61
JMD to FREL
Amount21:23 today
0.5JMD15.33 FREL
1JMD30.66 FREL
5JMD153.32 FREL
10JMD306.64 FREL
50JMD1,533.2 FREL
100JMD3,066.4 FREL
500JMD15,332.02 FREL
1000JMD30,664.05 FREL
Today vs. 24 hours ago
| Amount | 21:23 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FREL | $0.0001044 | $0.0001047 | -0.32% |
| 1 FREL | $0.0002087 | $0.0002094 | -0.32% |
| 5 FREL | $0.001044 | $0.001047 | -0.32% |
| 10 FREL | $0.002087 | $0.002094 | -0.32% |
| 50 FREL | $0.01044 | $0.01047 | -0.32% |
| 100 FREL | $0.02087 | $0.02094 | -0.32% |
| 500 FREL | $0.1044 | $0.1047 | -0.32% |
| 1000 FREL | $0.2087 | $0.2094 | -0.32% |
Today vs. 1 month ago
| Amount | 21:23 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FREL | $0.0001044 | $0.{4}9705 | +7.50% |
| 1 FREL | $0.0002087 | $0.0001941 | +7.50% |
| 5 FREL | $0.001044 | $0.0009705 | +7.50% |
| 10 FREL | $0.002087 | $0.001941 | +7.50% |
| 50 FREL | $0.01044 | $0.009705 | +7.50% |
| 100 FREL | $0.02087 | $0.01941 | +7.50% |
| 500 FREL | $0.1044 | $0.09705 | +7.50% |
| 1000 FREL | $0.2087 | $0.1941 | +7.50% |
Today vs. 1 year ago
| Amount | 21:23 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FREL | $0.0001044 | $0.{4}7986 | +30.48% |
| 1 FREL | $0.0002087 | $0.0001597 | +30.48% |
| 5 FREL | $0.001044 | $0.0007986 | +30.48% |
| 10 FREL | $0.002087 | $0.001597 | +30.48% |
| 50 FREL | $0.01044 | $0.007986 | +30.48% |
| 100 FREL | $0.02087 | $0.01597 | +30.48% |
| 500 FREL | $0.1044 | $0.07986 | +30.48% |
| 1000 FREL | $0.2087 | $0.1597 | +30.48% |
Freela price prediction
What will the price of FREL be in 2025?
Based on FREL's historical price performance prediction model, the price of FREL is projected to reach $0.0002367 in 2025.
What will the price of FREL be in 2030?
In 2030, the FREL price is expected to change by -10.00%. By the end of 2030, the FREL price is projected to reach $0.0003578, with a cumulative ROI of +70.40%.
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Popular Freela conversions
Check out these popular currency conversions of Freela to several fiat currencies.
Freela to USD
1 FREL to $ 0.0002087 USD
Freela to GBP
1 FREL to £ 0.0001668 GBP
Freela to EUR
1 FREL to € 0.0002017 EUR
Freela to KRW
1 FREL to ₩ 0.3086 KRW
Freela to CAD
1 FREL to $ 0.0003004 CAD
Freela to AUD
1 FREL to $ 0.0003375 AUD
Freela to JPY
1 FREL to ¥ 0.03284 JPY
Freela to BRL
1 FREL to R$ 0.001291 BRL
Freela to CNY
1 FREL to ¥ 0.001527 CNY
Freela to TWD
1 FREL to NT$ 0.006836 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Freela.
Pepe to JMD
1 PEPE to $ 0.003200 JMD
Bitcoin to JMD
1 BTC to $ 14,586,957.23 JMD
Solana to JMD
1 SOL to $ 30,112.03 JMD
Virtuals Protocol to JMD
1 VIRTUAL to $ 616.59 JMD
BNB to JMD
1 BNB to $ 109,476.07 JMD
Drift to JMD
1 DRIFT to $ 218.59 JMD
Movement to JMD
1 MOVE to $ 132.78 JMD
Usual to JMD
1 USUAL to $ 141.61 JMD
Sui to JMD
1 SUI to $ 651.29 JMD
dogwifhat to JMD
1 WIF to $ 294.61 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 Freela 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 Freela 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 Freela 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.
