LOOM
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 Loom Network(LOOM) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 LOOM at a value of 1 LOOM for 10.77 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 Loom Network currency pair is the LOOM to JMD, with for Loom Network's currency code being LOOM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
LOOM to JMD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Loom Network has changed -3.82% to JMD. Based on the trend and price charts, Loom Network(LOOM) has changed -3.82% to JMD while Jamaican Dollar(JMD) has changed % to LOOM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $10.83 | 0.0003% / 0.0004%  VIP | |
Binance | $10.82 | 0.1000% / 0.1000% | Yes |
Gate.io | $10.84 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/13 23:00:15(UTC+0)
How to buy Loom Network
Create Your Free Bitget Account
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Buy Loom Network (LOOM)
Use a variety of payment options to buy Loom Network on Bitget. We'll show you how.
Buy LOOM (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of LOOM with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy LOOM with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|---|---|---|---|
P Ponreay_FX  176 trades｜Completion rate 95.00% | 1.004 USD | Amount892.43 USDT Limit10 - 1004 USD |    | |
m mundocripto 28 trades｜Completion rate 90.00% | 1.018 USD | Amount677.58 USDT Limit10 - 200 USD |  | |
y yaske212 26 trades｜Completion rate 79.00% | 1.02 USD | Amount150 USDT Limit10 - 153 USD |   | |
F FLASH SALE 1   25 trades｜Completion rate 96.00% | 1.024 USD | Amount460 USDT Limit10 - 471.04 USD |  | |
R Recharge 55 trades｜Completion rate 90.00% | 1.025 USD | Amount82.36 USDT Limit10 - 84 USD | |
Sell LOOM (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of LOOM to JMD. However, you can first exchange LOOM 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 |
|---|---|---|---|---|
R Russiad_BC 56 trades｜Completion rate 92.00% | 1.191 USD | Amount3990.08 USDT Limit10 - 4000 USD |  | |
C CryptoCoinP2P 64 trades｜Completion rate 96.00% | 1.16 USD | Amount62 USDT Limit50 - 62.26 USD | | |
R Recharge 55 trades｜Completion rate 90.00% | 1.15 USD | Amount1494.52 USDT Limit10 - 1718 USD | | |
M Mzansi*Coins*Reserve 4 trades｜Completion rate 57.00% | 1.15 USD | Amount488.72 USDT Limit10 - 575 USD | | |
y yaske212 26 trades｜Completion rate 79.00% | 1.12 USD | Amount500 USDT Limit10 - 414 USD | |
What factors influence the conversion rate of Loom Network to Jamaican Dollar?
Loom Network to Jamaican Dollar is falling this week.Loom Network's current market price is $ 10.77 per LOOM, with a total market cap of $ 13,188,474,282.71 JMD based on a circulating supply of 1,224,270,800 LOOM. The trading volume of Loom Network has changed by -21.08% ($ -174,392,151.04 JMD) in the last 24 hours. Last trading day, LOOM's trading volume was $ 827,098,910.32.
Market cap
$84.54M
24h volume
$4.18M
Circulating supply
1.22B LOOM
Conversion tables
The exchange rate of Loom Network is decreasing.1 LOOM is currently valued at $ 10.77 JMD , which means buying 5 LOOM will cost $ 53.86 JMD . Similarly, $1 JMD can be traded for 0.09283 LOOM, and $50 JMD can be converted to 4.64 LOOM, excluding any platform or gas fees.
The exchange rate of 1 LOOM to Jamaican Dollar has changed by -16.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.82%, reaching a high of 11.27 JMD and a low of 10.73 JMD . One month ago, the value of 1 LOOM was $ 11.81 JMD , which represents a -8.78% change from its current value. Over the last year, Loom Network has changed by , resulting in a change of +83.34% in its value.
+$
4.89JMDLOOM to JMD
Amount
23:36 today
0.5 LOOM
$5.39
1 LOOM
$10.77
5 LOOM
$53.86
10 LOOM
$107.73
50 LOOM
$538.63
100 LOOM
$1,077.25
500 LOOM
$5,386.26
1000 LOOM
$10,772.51
JMD to LOOM
Amount23:36 today
0.5JMD0.04641 LOOM
1JMD0.09283 LOOM
5JMD0.4641 LOOM
10JMD0.9283 LOOM
50JMD4.64 LOOM
100JMD9.28 LOOM
500JMD46.41 LOOM
1000JMD92.83 LOOM
Today vs. 24 hours ago
| Amount | 23:36 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LOOM | $0.03453 | $0.03590 | -3.82% |
| 1 LOOM | $0.06905 | $0.07180 | -3.82% |
| 5 LOOM | $0.3453 | $0.3590 | -3.82% |
| 10 LOOM | $0.6905 | $0.7180 | -3.82% |
| 50 LOOM | $3.45 | $3.59 | -3.82% |
| 100 LOOM | $6.91 | $7.18 | -3.82% |
| 500 LOOM | $34.53 | $35.9 | -3.82% |
| 1000 LOOM | $69.05 | $71.8 | -3.82% |
Today vs. 1 month ago
| Amount | 23:36 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LOOM | $0.03453 | $0.03785 | -8.78% |
| 1 LOOM | $0.06905 | $0.07569 | -8.78% |
| 5 LOOM | $0.3453 | $0.3785 | -8.78% |
| 10 LOOM | $0.6905 | $0.7569 | -8.78% |
| 50 LOOM | $3.45 | $3.78 | -8.78% |
| 100 LOOM | $6.91 | $7.57 | -8.78% |
| 500 LOOM | $34.53 | $37.85 | -8.78% |
| 1000 LOOM | $69.05 | $75.69 | -8.78% |
Today vs. 1 year ago
| Amount | 23:36 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LOOM | $0.03453 | $0.01885 | +83.34% |
| 1 LOOM | $0.06905 | $0.03770 | +83.34% |
| 5 LOOM | $0.3453 | $0.1885 | +83.34% |
| 10 LOOM | $0.6905 | $0.3770 | +83.34% |
| 50 LOOM | $3.45 | $1.89 | +83.34% |
| 100 LOOM | $6.91 | $3.77 | +83.34% |
| 500 LOOM | $34.53 | $18.85 | +83.34% |
| 1000 LOOM | $69.05 | $37.7 | +83.34% |
Loom Network price prediction
What will the price of LOOM be in 2025?
Based on LOOM's historical price performance prediction model, the price of LOOM is projected to reach $0.1162 in 2025.
What will the price of LOOM be in 2030?
In 2030, the LOOM price is expected to rise by +3.00%. By the end of 2030, the LOOM price is projected to reach $0.2184, with a cumulative ROI of +216.28%.
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Popular Loom Network conversions
Check out these popular currency conversions of Loom Network to several fiat currencies.
Loom Network to USD
1 LOOM to $ 0.06905 USD
Loom Network to GBP
1 LOOM to £ 0.05411 GBP
Loom Network to EUR
1 LOOM to € 0.06432 EUR
Loom Network to KRW
1 LOOM to ₩ 95.02 KRW
Loom Network to CAD
1 LOOM to $ 0.09491 CAD
Loom Network to AUD
1 LOOM to $ 0.1041 AUD
Loom Network to JPY
1 LOOM to ¥ 10.84 JPY
Loom Network to BRL
1 LOOM to R$ 0.3703 BRL
Loom Network to CNY
1 LOOM to ¥ 0.5012 CNY
Loom Network to TWD
1 LOOM to NT$ 2.23 TWD
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1 ATH to $ 11.5 JMD
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1 BIAO to $ 2.62 JMD
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1 NOT to $ 2.66 JMD
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1 PEPE to $ 0.001852 JMD
Bitcoin to JMD
1 BTC to $ 10,427,494.37 JMD
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1 STRUMP to $ 2.87 JMD
Solana to JMD
1 SOL to $ 23,017.06 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 Loom Network 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 Loom Network 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 Loom Network 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.
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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.
