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BAKE to JMD Converter and calculator

BAKE/JMD: 1 BAKE = 21.94 JMD. The price of converting 1 BakeryToken (BAKE) to Jamaican Dollar (JMD) is 21.94 JMD today.
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BAKE
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BAKE to JMD real-time exchange rates, making it easy to convert BakeryToken (BAKE) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 BAKE is currently valued at 21.94 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BAKE is currently valued at 21.94 JMD, which means buying 5 BAKE would cost 109.69 JMD. Similarly, $1 JMD can be converted to 0.04558 BAKE, and $50 JMD can be converted to 0.2279 BAKE, excluding any platform or gas fees.

Convert BAKE to JMD

Convert JMD to BAKE

BakeryToken
Jamaican Dollar
100 BAKE
2,193.8  JMD
200 BAKE
4,387.59  JMD
500 BAKE
10,968.98  JMD
1000 BAKE
21,937.97  JMD
5000 BAKE
109,689.84  JMD
10000 BAKE
219,379.68  JMD
In the table above, you'll find a comprehensive BAKE to JMD converter that shows the value of BakeryToken in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 BAKE to JMD, all the way up to 10000 BAKE, providing a clear view of their respective values.
Jamaican Dollar
BakeryToken
50000 JMD
2,279.15 BAKE
100000 JMD
4,558.31 BAKE
In the table above, you'll find a comprehensive JMD to BAKE converter that shows the value of Jamaican Dollar in BakeryToken across commonly used conversion amounts. The list covers conversions from 1 JMD to BAKE, all the way up to 100000 JMD, providing a clear view of their respective values.

BAKE to JMD chart

BAKE/JMD: 1 BAKE = 21.94 JMD; 2025/04/26 23:43:53
In the past 1D, BakeryToken has changed +2.24% to JMD. Based on the trend and price charts, BakeryToken(BAKE) has changed +2.24% to JMD while Jamaican Dollar(JMD) has changed % to BAKE in the last 24 hours.
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BAKE to JMD conversion data: Volatility and price changes of BakeryToken in JMD

The highest BakeryToken price in JMD over the past 7 days was 22.59 JMD while the lowest BakeryToken price in JMD over the past 7 days was 19.14 JMD. The relative change between the highs and lows in BakeryToken price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and BAKE 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
22.59 JMD
22.59 JMD
23.5 JMD
51.56 JMD
Low
21.45 JMD
19.14 JMD
15.2 JMD
15.2 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+2.24%
+12.92%
-6.55%
-30.65%

BakeryToken information

BAKE to JMD market statistics

BAKE/JMD:
$21.94
BAKE 24h volume:
$785,659,993.7
BAKE market cap:
$6,356,976,198.98
BAKE circulating supply:
289.77M BAKE

Current BAKE to JMD exchange rate

BakeryToken to Jamaican Dollar is rising this week.
BakeryToken's current market price is $21.94 per BAKE, with a total market cap of $6,356,976,198.98 JMD based on a circulating supply of 289,770,500 BAKE. The trading volume of BakeryToken has changed by -35.61% ($-434,576,104.11 JMD) in the last 24 hours. Last trading day, BAKE's trading volume was $1,220,236,097.81.

More info about BakeryToken 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 BakeryToken currency pair is the BAKE to JMD, with for BakeryToken's currency code being BAKE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert BAKE to JMD

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Convert BAKE to JMD
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BAKE to JMD Conversion tables

The exchange rate of BakeryToken is decreasing.
The exchange rate of 1 BAKE to Jamaican Dollar has changed by +12.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.24%, reaching a high of 22.59 JMD and a low of 21.45 JMD . One month ago, the value of 1 BAKE was $23.48 JMD , which represents a -6.55% change from its current value. Over the last year, BakeryToken has changed by
-$
18.27JMD
, resulting in a change of -45.44% in its value.
24 hours ago1 month ago1 year ago
Amount23:43 today24 hours ago24h change
0.5 BAKE$10.97$10.73
+2.24%
1 BAKE$21.94$21.46
+2.24%
5 BAKE$109.69$107.28
+2.24%
10 BAKE$219.38$214.56
+2.24%
50 BAKE$1,096.9$1,072.82
+2.24%
100 BAKE$2,193.8$2,145.64
+2.24%
500 BAKE$10,968.98$10,728.19
+2.24%
1000 BAKE$21,937.97$21,456.37
+2.24%

BAKE to JMD FAQ

How much is 1 BakeryToken in JMD?
Right now, the price of 1 BakeryToken (BAKE) in Jamaican Dollar (JMD) is $21.94.
How much BAKE can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.04558 BAKE for 1 JMD.
How do I calculate or convert BAKE to JMD?
You can use our BAKE to JMD calculator at the top of this page to convert any amount of BAKE to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.2279 BAKE, while 5 BAKE will cost around 109.69JMD.
What is the highest price of BAKE/JMD in history?
The all-time high price of 1 BAKE in JMD is $1,341.91. It remains to be seen if the value of 1 BAKE/JMD will exceed the current all-time high.
What is the price trend of BakeryToken in JMD?
Over the past 7 days, the exchange rate of BakeryToken (BAKE) has gone up by 12.92%.   Over the last month, the exchange rate of BakeryToken (BAKE) has gone down by 6.55% against Jamaican Dollar (JMD).

What factors influence the conversion rate of BAKE to JMD?

There are many factors that affect the relationship between BakeryToken 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 BAKE/JMD. When there is positive news in the market about the widespread adoption of BAKE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BAKE/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BAKE/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 BAKE/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 BakeryToken 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.