1MDC
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 1MDC(1MDC) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 1MDC at a value of 1 1MDC for 0.00 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 1MDC currency pair is the 1MDC to JMD, with for 1MDC's currency code being 1MDC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
1MDC to JMD conversion rate trend
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In the past 1D, 1MDC has changed -4.38% to JMD. Based on the trend and price charts, 1MDC(1MDC) has changed -4.38% to JMD while Jamaican Dollar(JMD) has changed % to 1MDC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.{6}2693 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/13 00:34:58(UTC+0)
How to buy 1MDC
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy 1MDC (1MDC)
Use a variety of payment options to buy 1MDC on Bitget. We'll show you how.
Buy 1MDC (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of 1MDC with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy 1MDC 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 1MDC (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of 1MDC to JMD. However, you can first exchange 1MDC 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 1MDC to Jamaican Dollar?
1MDC to Jamaican Dollar is falling this week.1MDC's current market price is $ 0.{6}2693 per 1MDC, with a total market cap of $ 0 JMD based on a circulating supply of -- 1MDC. The trading volume of 1MDC has changed by -56.69% ($ -33,709.40 JMD) in the last 24 hours. Last trading day, 1MDC's trading volume was $ 59,459.54.
Market cap
$0
24h volume
$164.72817709
Circulating supply
0 1MDC
Conversion tables
The exchange rate of 1MDC is decreasing.1 1MDC is currently valued at $ 0.{6}2693 JMD , which means buying 5 1MDC will cost $ 0.{5}1347 JMD . Similarly, $1 JMD can be traded for 3,712,732.66 1MDC, and $50 JMD can be converted to 185,636,633.17 1MDC, excluding any platform or gas fees.
The exchange rate of 1 1MDC to Jamaican Dollar has changed by -37.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.38%, reaching a high of 0.{6}2817 JMD and a low of 0.{6}2598 JMD . One month ago, the value of 1 1MDC was $ 0.{6}9500 JMD , which represents a -71.65% change from its current value. Over the last year, 1MDC has changed by , resulting in a change of 0.00% in its value.
+$
0.{6}1130JMD1MDC to JMD
Amount
02:51 am today
0.5 1MDC
$0.{6}1347
1 1MDC
$0.{6}2693
5 1MDC
$0.{5}1347
10 1MDC
$0.{5}2693
50 1MDC
$0.{4}1347
100 1MDC
$0.{4}2693
500 1MDC
$0.0001347
1000 1MDC
$0.0002693
JMD to 1MDC
Amount02:51 am today
0.5JMD1,856,366.33 1MDC
1JMD3,712,732.66 1MDC
5JMD18,563,663.32 1MDC
10JMD37,127,326.63 1MDC
50JMD185,636,633.17 1MDC
100JMD371,273,266.34 1MDC
500JMD1,856,366,331.68 1MDC
1000JMD3,712,732,663.35 1MDC
Today vs. 24 hours ago
| Amount | 02:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 1MDC | $0.{9}8615 | $0.{9}9010 | -4.38% |
| 1 1MDC | $0.{8}1723 | $0.{8}1802 | -4.38% |
| 5 1MDC | $0.{8}8615 | $0.{8}9010 | -4.38% |
| 10 1MDC | $0.{7}1723 | $0.{7}1802 | -4.38% |
| 50 1MDC | $0.{7}8615 | $0.{7}9010 | -4.38% |
| 100 1MDC | $0.{6}1723 | $0.{6}1802 | -4.38% |
| 500 1MDC | $0.{6}8615 | $0.{6}9010 | -4.38% |
| 1000 1MDC | $0.{5}1723 | $0.{5}1802 | -4.38% |
Today vs. 1 month ago
| Amount | 02:51 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 1MDC | $0.{9}8615 | $0.{8}3039 | -71.65% |
| 1 1MDC | $0.{8}1723 | $0.{8}6077 | -71.65% |
| 5 1MDC | $0.{8}8615 | $0.{7}3039 | -71.65% |
| 10 1MDC | $0.{7}1723 | $0.{7}6077 | -71.65% |
| 50 1MDC | $0.{7}8615 | $0.{6}3039 | -71.65% |
| 100 1MDC | $0.{6}1723 | $0.{6}6077 | -71.65% |
| 500 1MDC | $0.{6}8615 | $0.{5}3039 | -71.65% |
| 1000 1MDC | $0.{5}1723 | $0.{5}6077 | -71.65% |
Today vs. 1 year ago
| Amount | 02:51 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 1MDC | $0.{9}8615 | $0.00 | 0.00% |
| 1 1MDC | $0.{8}1723 | $0.00 | 0.00% |
| 5 1MDC | $0.{8}8615 | $0.00 | 0.00% |
| 10 1MDC | $0.{7}1723 | $0.00 | 0.00% |
| 50 1MDC | $0.{7}8615 | $0.00 | 0.00% |
| 100 1MDC | $0.{6}1723 | $0.00 | 0.00% |
| 500 1MDC | $0.{6}8615 | $0.00 | 0.00% |
| 1000 1MDC | $0.{5}1723 | $0.00 | 0.00% |
1MDC price prediction
What will the price of 1MDC be in 2025?
Based on 1MDC's historical price performance prediction model, the price of 1MDC is projected to reach $0.{7}1103 in 2025.
What will the price of 1MDC be in 2030?
In 2030, the 1MDC price is expected to change by -14.00%. By the end of 2030, the 1MDC price is projected to reach $0.{7}1649, with a cumulative ROI of +856.94%.
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Popular 1MDC conversions
Check out these popular currency conversions of 1MDC to several fiat currencies.
1MDC to USD
1 1MDC to $ 0.{8}1723 USD
1MDC to GBP
1 1MDC to £ 0.{8}1359 GBP
1MDC to EUR
1 1MDC to € 0.{8}1645 EUR
1MDC to KRW
1 1MDC to ₩ 0.{5}2466 KRW
1MDC to CAD
1 1MDC to $ 0.{8}2451 CAD
1MDC to AUD
1 1MDC to $ 0.{8}2706 AUD
1MDC to JPY
1 1MDC to ¥ 0.{6}2633 JPY
1MDC to BRL
1 1MDC to R$ 0.{7}1033 BRL
1MDC to CNY
1 1MDC to ¥ 0.{7}1253 CNY
1MDC to TWD
1 1MDC to NT$ 0.{7}5605 TWD
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Bitcoin to JMD
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1 AAVE to $ 59,118.97 JMD
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1 ELF to $ 83.21 JMD
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1 SPX to $ 106.12 JMD
Goatseus Maximus to JMD
1 GOAT to $ 116.76 JMD
Turbo to JMD
1 TURBO to $ 1.93 JMD
Fantom to JMD
1 FTM to $ 191.38 JMD
Dogecoin to JMD
1 DOGE to $ 63.78 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 1MDC 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 1MDC 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 1MDC 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.
