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FPIS to JMD Converter and calculator

FPIS/JMD: 1 FPIS = 83.49 JMD. The price of converting 1 Frax Price Index Share (FPIS) to Jamaican Dollar (JMD) is 83.49 JMD today.
FPIS
FPIS
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FPIS to JMD real-time exchange rates, making it easy to convert Frax Price Index Share (FPIS) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 FPIS is currently valued at 83.49 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FPIS is currently valued at 83.49 JMD, which means buying 5 FPIS would cost 417.44 JMD. Similarly, $1 JMD can be converted to 0.01198 FPIS, and $50 JMD can be converted to 0.05989 FPIS, excluding any platform or gas fees.

Convert FPIS to JMD

Convert JMD to FPIS

Frax Price Index Share
Jamaican Dollar
20 FPIS
1,669.78  JMD
50 FPIS
4,174.44  JMD
100 FPIS
8,348.89  JMD
200 FPIS
16,697.77  JMD
500 FPIS
41,744.43  JMD
1000 FPIS
83,488.87  JMD
5000 FPIS
417,444.33  JMD
10000 FPIS
834,888.65  JMD
In the table above, you'll find a comprehensive FPIS to JMD converter that shows the value of Frax Price Index Share in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 FPIS to JMD, all the way up to 10000 FPIS, providing a clear view of their respective values.
Jamaican Dollar
Frax Price Index Share
100000 JMD
1,197.76 FPIS
In the table above, you'll find a comprehensive JMD to FPIS converter that shows the value of Jamaican Dollar in Frax Price Index Share across commonly used conversion amounts. The list covers conversions from 1 JMD to FPIS, all the way up to 100000 JMD, providing a clear view of their respective values.

FPIS to JMD chart

FPIS/JMD: 1 FPIS = 83.49 JMD; 2025/04/27 23:30:02
In the past 1D, Frax Price Index Share has changed +1.16% to JMD. Based on the trend and price charts, Frax Price Index Share(FPIS) has changed +1.16% to JMD while Jamaican Dollar(JMD) has changed % to FPIS in the last 24 hours.
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FPIS to JMD conversion data: Volatility and price changes of Frax Price Index Share in JMD

The highest Frax Price Index Share price in JMD over the past 7 days was 84.12 JMD while the lowest Frax Price Index Share price in JMD over the past 7 days was 62.31 JMD. The relative change between the highs and lows in Frax Price Index Share price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and FPIS to JMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
84.12 JMD
84.12 JMD
84.12 JMD
122.49 JMD
Low
82.53 JMD
62.31 JMD
50.86 JMD
50.86 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+1.16%
+28.55%
+13.43%
-31.84%

Frax Price Index Share information

FPIS to JMD market statistics

FPIS/JMD:
$83.49
FPIS 24h volume:
$46,985.15
FPIS market cap:
--
FPIS circulating supply:
0 FPIS

Current FPIS to JMD exchange rate

Frax Price Index Share to Jamaican Dollar is rising this week.
Frax Price Index Share's current market price is $83.49 per FPIS, with a total market cap of $0 JMD based on a circulating supply of -- FPIS. The trading volume of Frax Price Index Share has changed by 0.00% ($0 JMD) in the last 24 hours. Last trading day, FPIS's trading volume was $46,985.15.

More info about Frax Price Index Share on Bitget

Jamaican Dollar 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 Frax Price Index Share currency pair is the FPIS to JMD, with for Frax Price Index Share's currency code being FPIS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert FPIS to JMD

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Convert FPIS to JMD
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Bitget P2P trading does not currently support direct buying of FPIS with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy FPIS with USDT via Bitget spot market.
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FPIS to JMD Conversion tables

The exchange rate of Frax Price Index Share is increasing.
The exchange rate of 1 FPIS to Jamaican Dollar has changed by +28.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.16%, reaching a high of 84.12 JMD and a low of 82.53 JMD . One month ago, the value of 1 FPIS was $73.61 JMD , which represents a +13.43% change from its current value. Over the last year, Frax Price Index Share has changed by
-$
90.97JMD
, resulting in a change of -52.14% in its value.
24 hours ago1 month ago1 year ago
Amount23:30 today24 hours ago24h change
0.5 FPIS$41.74$41.27
+1.16%
1 FPIS$83.49$82.53
+1.16%
5 FPIS$417.44$412.67
+1.16%
10 FPIS$834.89$825.33
+1.16%
50 FPIS$4,174.44$4,126.66
+1.16%
100 FPIS$8,348.89$8,253.32
+1.16%
500 FPIS$41,744.43$41,266.61
+1.16%
1000 FPIS$83,488.87$82,533.22
+1.16%

FPIS to JMD FAQ

How much is 1 Frax Price Index Share in JMD?
Right now, the price of 1 Frax Price Index Share (FPIS) in Jamaican Dollar (JMD) is $83.49.
How much FPIS can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.01198 FPIS for 1 JMD.
How do I calculate or convert FPIS to JMD?
You can use our FPIS to JMD calculator at the top of this page to convert any amount of FPIS to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.05989 FPIS, while 5 FPIS will cost around 417.44JMD.
What is the highest price of FPIS/JMD in history?
The all-time high price of 1 FPIS in JMD is $2,247.65. It remains to be seen if the value of 1 FPIS/JMD will exceed the current all-time high.
What is the price trend of Frax Price Index Share in JMD?
Over the past 7 days, the exchange rate of Frax Price Index Share (FPIS) has gone up by 28.55%.   Over the last month, the exchange rate of Frax Price Index Share (FPIS) has gone up by 13.43% against Jamaican Dollar (JMD).

What factors influence the conversion rate of FPIS to JMD?

There are many factors that affect the relationship between Frax Price Index Share 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 FPIS/JMD. When there is positive news in the market about the widespread adoption of FPIS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FPIS/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FPIS/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 FPIS/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 Frax Price Index Share and adjust their investment strategies accordingly in the evolving market.

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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.