GAL
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 Galxe(GAL) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 GAL at a value of 1 GAL for 302.58 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 Galxe currency pair is the GAL to JMD, with for Galxe's currency code being GAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
GAL to JMD conversion rate trend
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In the past 1D, Galxe has changed +3.77% to JMD. Based on the trend and price charts, Galxe(GAL) has changed +3.77% to JMD while Jamaican Dollar(JMD) has changed % to GAL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $407.93 | 0.0200% / 0.0320%  VIP 7 | |
Binance | $405.27 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | $188.45 | 0.1000% / 0.1000% | Yes |
OKX | $651.11 | 0.080% / 0.100% | Yes |
Huobi | $409.67 | 0.1000% / 0.1000% | Yes |
Gate.io | $404.31 | 0.1000% / 0.1000% | Yes |
Bybit | $466.04 | 0.1000% / 0.1000% | Yes |
KuCoin | $583.99 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/26 01:00:14(UTC+0)
How to buy Galxe
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Buy Galxe (GAL)
Use a variety of payment options to buy Galxe on Bitget. We'll show you how.
Learn MoreBuy GAL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of GAL with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy GAL with USDT via Bitget spot market.
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Sell GAL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of GAL to JMD. However, you can first exchange GAL 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 Galxe to Jamaican Dollar?
Galxe to Jamaican Dollar is rising this week.Galxe's current market price is $ 302.58 per GAL, with a total market cap of $ 2,475,792,564.29 JMD based on a circulating supply of 8,182,363.5 GAL. The trading volume of Galxe has changed by +8.50% ($ 840,044.54 JMD) in the last 24 hours. Last trading day, GAL's trading volume was $ 9,885,900.88.
Market cap
$15.53M
24h volume
$67.28K
Circulating supply
8.18M GAL
Conversion tables
The exchange rate of Galxe is decreasing.1 GAL is currently valued at $ 302.58 JMD , which means buying 5 GAL will cost $ 1,512.88 JMD . Similarly, $1 JMD can be traded for 0.003305 GAL, and $50 JMD can be converted to 0.1652 GAL, excluding any platform or gas fees.
The exchange rate of 1 GAL to Jamaican Dollar has changed by +7.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.77%, reaching a high of 303.66 JMD and a low of 284.27 JMD . One month ago, the value of 1 GAL was $ 303.51 JMD , which represents a -0.31% change from its current value. Over the last year, Galxe has changed by , resulting in a change of +45.18% in its value.
+$
93.89JMDGAL to JMD
Amount
13:14 today
0.5 GAL
$151.29
1 GAL
$302.58
5 GAL
$1,512.88
10 GAL
$3,025.77
50 GAL
$15,128.83
100 GAL
$30,257.67
500 GAL
$151,288.35
1000 GAL
$302,576.69
JMD to GAL
Amount13:14 today
0.5JMD0.001652 GAL
1JMD0.003305 GAL
5JMD0.01652 GAL
10JMD0.03305 GAL
50JMD0.1652 GAL
100JMD0.3305 GAL
500JMD1.65 GAL
1000JMD3.3 GAL
Today vs. 24 hours ago
| Amount | 13:14 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GAL | $0.9489 | $0.9145 | +3.77% |
| 1 GAL | $1.9 | $1.83 | +3.77% |
| 5 GAL | $9.49 | $9.15 | +3.77% |
| 10 GAL | $18.98 | $18.29 | +3.77% |
| 50 GAL | $94.89 | $91.45 | +3.77% |
| 100 GAL | $189.79 | $182.91 | +3.77% |
| 500 GAL | $948.94 | $914.53 | +3.77% |
| 1000 GAL | $1,897.87 | $1,829.07 | +3.77% |
Today vs. 1 month ago
| Amount | 13:14 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GAL | $0.9489 | $0.9519 | -0.31% |
| 1 GAL | $1.9 | $1.9 | -0.31% |
| 5 GAL | $9.49 | $9.52 | -0.31% |
| 10 GAL | $18.98 | $19.04 | -0.31% |
| 50 GAL | $94.89 | $95.19 | -0.31% |
| 100 GAL | $189.79 | $190.37 | -0.31% |
| 500 GAL | $948.94 | $951.86 | -0.31% |
| 1000 GAL | $1,897.87 | $1,903.73 | -0.31% |
Today vs. 1 year ago
| Amount | 13:14 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GAL | $0.9489 | $0.6545 | +45.18% |
| 1 GAL | $1.9 | $1.31 | +45.18% |
| 5 GAL | $9.49 | $6.54 | +45.18% |
| 10 GAL | $18.98 | $13.09 | +45.18% |
| 50 GAL | $94.89 | $65.45 | +45.18% |
| 100 GAL | $189.79 | $130.9 | +45.18% |
| 500 GAL | $948.94 | $654.5 | +45.18% |
| 1000 GAL | $1,897.87 | $1,308.99 | +45.18% |
Galxe price prediction
What will the price of GAL be in 2025?
Based on GAL's historical price performance prediction model, the price of GAL is projected to reach $2.6 in 2025.
What will the price of GAL be in 2030?
In 2030, the GAL price is expected to change by 0.00%. By the end of 2030, the GAL price is projected to reach $5.83, with a cumulative ROI of +209.57%.
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Popular Galxe conversions
Check out these popular currency conversions of Galxe to several fiat currencies.
Galxe to USD
1 GAL to $ 1.9 USD
Galxe to GBP
1 GAL to £ 1.52 GBP
Galxe to EUR
1 GAL to € 1.82 EUR
Galxe to KRW
1 GAL to ₩ 2,669.65 KRW
Galxe to CAD
1 GAL to $ 2.65 CAD
Galxe to AUD
1 GAL to $ 2.92 AUD
Galxe to JPY
1 GAL to ¥ 293.22 JPY
Galxe to BRL
1 GAL to R$ 11.01 BRL
Galxe to CNY
1 GAL to ¥ 13.76 CNY
Galxe to TWD
1 GAL to NT$ 61.83 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Galxe.
MAD to JMD
1 MAD to $ 0.008656 JMD
Harold to JMD
1 HAROLD to $ 0.2287 JMD
Bitcoin to JMD
1 BTC to $ 15,716,280.52 JMD
TARS AI to JMD
1 TAI to $ 30.82 JMD
EGO to JMD
1 EGO to $ 3.2 JMD
Just a chill guy to JMD
1 CHILLGUY to $ 65.77 JMD
Sharpe AI to JMD
1 SAI to $ 5.61 JMD
XRP to JMD
1 XRP to $ 230.03 JMD
Stellar to JMD
1 XLM to $ 46.58 JMD
Solana to JMD
1 SOL to $ 41,252.86 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 Galxe 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 Galxe 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 Galxe 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.
