Bitget converter provides ORE to JMD real-time exchange rates, making it easy to convert Ore (ORE) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 ORE is currently valued at 31,966.96 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ORE is currently valued at 31,966.96 JMD, which means buying 5 ORE would cost 159,834.81 JMD. Similarly, $1 JMD can be converted to 0.{4}3128 ORE, and $50 JMD can be converted to 0.0001564 ORE, excluding any platform or gas fees.
Conversion rates
Convert ORE to JMD
Convert JMD to ORE
Ore
Jamaican Dollar
1 ORE
31,966.96 JMD
Exchange 1 ORE for 31,966.96 JMD
2 ORE
63,933.92 JMD
Exchange 2 ORE for 63,933.92 JMD
5 ORE
159,834.81 JMD
Exchange 5 ORE for 159,834.81 JMD
10 ORE
319,669.61 JMD
Exchange 10 ORE for 319,669.61 JMD
20 ORE
639,339.22 JMD
Exchange 20 ORE for 639,339.22 JMD
50 ORE
1,598,348.05 JMD
Exchange 50 ORE for 1,598,348.05 JMD
100 ORE
3,196,696.1 JMD
Exchange 100 ORE for 3,196,696.1 JMD
200 ORE
6,393,392.2 JMD
Exchange 200 ORE for 6,393,392.2 JMD
500 ORE
15,983,480.51 JMD
Exchange 500 ORE for 15,983,480.51 JMD
1000 ORE
31,966,961.02 JMD
Exchange 1000 ORE for 31,966,961.02 JMD
5000 ORE
159,834,805.12 JMD
Exchange 5000 ORE for 159,834,805.12 JMD
10000 ORE
319,669,610.23 JMD
Exchange 10000 ORE for 319,669,610.23 JMD
In the table above, you'll find a comprehensive ORE to JMD converter that shows the value of Ore in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 ORE to JMD, all the way up to 10000 ORE, providing a clear view of their respective values.
Jamaican Dollar
Ore
1 JMD
0.{4}3128 ORE
Exchange 1 JMD for 0.{4}3128 ORE
10 JMD
0.0003128 ORE
Exchange 10 JMD for 0.0003128 ORE
50 JMD
0.001564 ORE
Exchange 50 JMD for 0.001564 ORE
100 JMD
0.003128 ORE
Exchange 100 JMD for 0.003128 ORE
200 JMD
0.006256 ORE
Exchange 200 JMD for 0.006256 ORE
500 JMD
0.01564 ORE
Exchange 500 JMD for 0.01564 ORE
1000 JMD
0.03128 ORE
Exchange 1000 JMD for 0.03128 ORE
2000 JMD
0.06256 ORE
Exchange 2000 JMD for 0.06256 ORE
5000 JMD
0.1564 ORE
Exchange 5000 JMD for 0.1564 ORE
10000 JMD
0.3128 ORE
Exchange 10000 JMD for 0.3128 ORE
50000 JMD
1.56 ORE
Exchange 50000 JMD for 1.56 ORE
100000 JMD
3.13 ORE
Exchange 100000 JMD for 3.13 ORE
In the table above, you'll find a comprehensive JMD to ORE converter that shows the value of Jamaican Dollar in Ore across commonly used conversion amounts. The list covers conversions from 1 JMD to ORE, all the way up to 100000 JMD, providing a clear view of their respective values.
In the past 1D, Ore has changed +16.12% to JMD. Based on the trend and price charts, Ore(ORE) has changed +16.12% to JMD while Jamaican Dollar(JMD) has changed % to ORE in the last 24 hours.
1D7D1M3M1YAll
ORE to JMD conversion data: Volatility and price changes of Ore in JMD
The highest Ore price in JMD over the past 7 days was 44,708.64 JMD while the lowest Ore price in JMD over the past 7 days was 24,727.21 JMD. The relative change between the highs and lows in Ore price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and ORE 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
33,127.83 JMD
44,708.64 JMD
97,282.98 JMD
97,282.98 JMD
Low
26,680.9 JMD
24,727.21 JMD
11,368.41 JMD
977.64 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+16.12%
+21.07%
+62.49%
+1214.02%
Buy
Sell
Buy ORE (or USDT) for JMD (Jamaican Dollar) offers
Ore's current market price is $31,966.96 per ORE, with a total market cap of $13,171,188,405.6 JMD based on a circulating supply of 412,025.03 ORE. The trading volume of Ore has changed by -45.01% ($-475,053,979.54 JMD) in the last 24 hours. Last trading day, ORE's trading volume was $1,055,403,450.53.
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 Ore currency pair is the ORE to JMD, with for Ore's currency code being ORE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
The exchange rate of 1 ORE to Jamaican Dollar has changed by +21.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +16.12%, reaching a high of 33,127.83 JMD and a low of 26,680.9 JMD . One month ago, the value of 1 ORE was $19,389.61 JMD , which represents a +62.49% change from its current value. Over the last year, Ore has changed by
+$
9,119.54JMD
, resulting in a change of +336.70% in its value.
24 hours ago1 month ago1 year ago
Amount
08:06 am today
24 hours ago
24h change
0.5 ORE
$15,983.48
$13,713.04
+16.12%
1 ORE
$31,966.96
$27,426.07
+16.12%
5 ORE
$159,834.81
$137,130.35
+16.12%
10 ORE
$319,669.61
$274,260.71
+16.12%
50 ORE
$1,598,348.05
$1,371,303.54
+16.12%
100 ORE
$3,196,696.1
$2,742,607.09
+16.12%
500 ORE
$15,983,480.51
$13,713,035.44
+16.12%
1000 ORE
$31,966,961.02
$27,426,070.88
+16.12%
ORE to JMD FAQ
How much is 1 Ore in JMD?
Right now, the price of 1 Ore (ORE) in Jamaican Dollar (JMD) is $31,966.96.
How much ORE can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.{4}3128 ORE for 1 JMD.
How do I calculate or convert ORE to JMD?
You can use our ORE to JMD calculator at the top of this page to convert any amount of ORE to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.0001564 ORE, while 5 ORE will cost around 159,834.81JMD.
What is the highest price of ORE/JMD in history?
The all-time high price of 1 ORE in JMD is $161,013.02. It remains to be seen if the value of 1 ORE/JMD will exceed the current all-time high.
What is the price trend of Ore in JMD?
Over the past 7 days, the exchange rate of Ore (ORE) has gone up by 21.07%.
Over the last month, the exchange rate of Ore (ORE) has gone up by 62.49% against Jamaican Dollar (JMD).
What factors influence the conversion rate of ORE to JMD?
There are many factors that affect the relationship between Ore 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 ORE/JMD. When there is positive news in the market about the widespread adoption of ORE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ORE/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ORE/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 ORE/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 Ore and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Ore currency pairs: ORE to US Dollar (USD), ORE to Euro (EUR), ORE to Pound Sterling (GBP), ORE to Canadian Dollar (CAD), ORE to Indian Rupee (INR), ORE to Pakistani Rupee (PKR), ORE to Brazilian Real (BRL), ORE to… The price of Ore in the US is $199.02 USD. Additionally, Ore’s price is €172.69 EUR in the eurozone, £152.15 GBP in the UK, C$280.72 CAD in Canada, ₹17,840.3 INR in India, ₨56,172.29 PKR in Pakistan, R$1,075.5 BRL in Brazil, and more. The most popular Ore currency pair is the ORE to Jamaican Dollar(JMD). The price of 1 Ore (ORE) in Jamaican Dollar (JMD) is $31,966.96.
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.