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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.77%
New listings on Bitget: Pi Network
BTC/USDT$84703.42 (+1.86%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.77%
New listings on Bitget: Pi Network
BTC/USDT$84703.42 (+1.86%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
LOOT
JMD
Last updated as of 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 LootBot(LOOT) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 LOOT at a value of 1 LOOT for 7.84 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 LootBot currency pair is the LOOT to JMD, with for LootBot's currency code being LOOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
LOOT to JMD conversion rate trend
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In the past 1D, LootBot has changed +2.00% to JMD. Based on the trend and price charts, LootBot(LOOT) has changed +2.00% to JMD while Jamaican Dollar(JMD) has changed % to LOOT in the last 24 hours.
LOOT to JMD market statistics
LOOT/JMD:
$ 7.84
LOOT 24h volume:
$ 28,565,999.3
LOOT market cap:
$ 49,464,757.19
LOOT circulating supply:
6.31M LOOT
More info about LootBot on Bitget
Current LOOT to JMD exchange rate
LootBot to Jamaican Dollar is falling this week.LootBot's current market price is $ 7.84 per LOOT, with a total market cap of $ 49,464,757.19 JMD based on a circulating supply of 6,309,298.5 LOOT. The trading volume of LootBot has changed by +20.12% ($ 4,783,949.56 JMD) in the last 24 hours. Last trading day, LOOT's trading volume was $ 23,782,049.74.
LOOT to JMD Conversion tables
The exchange rate of LootBot is decreasing.1 LOOT is currently valued at $ 7.84 JMD , which means buying 5 LOOT will cost $ 39.2 JMD . Similarly, $1 JMD can be traded for 0.1276 LOOT, and $50 JMD can be converted to 6.38 LOOT, excluding any platform or gas fees.
The exchange rate of 1 LOOT to Jamaican Dollar has changed by -15.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.00%, reaching a high of 8.08 JMD and a low of 7.59 JMD . One month ago, the value of 1 LOOT was $ 11.08 JMD , which represents a -29.42% change from its current value. Over the last year, LootBot has changed by , resulting in a change of -94.91% in its value.
-$
145.06JMDLOOT to JMD
Amount
03:27 am today
0.5 LOOT
$3.92
1 LOOT
$7.84
5 LOOT
$39.2
10 LOOT
$78.4
50 LOOT
$392
100 LOOT
$784
500 LOOT
$3,919.99
1000 LOOT
$7,839.98
JMD to LOOT
Amount03:27 am today
0.5JMD0.06378 LOOT
1JMD0.1276 LOOT
5JMD0.6378 LOOT
10JMD1.28 LOOT
50JMD6.38 LOOT
100JMD12.76 LOOT
500JMD63.78 LOOT
1000JMD127.55 LOOT
LOOT to JMD Today vs. 24 hours ago
| Amount | 03:27 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LOOT | $3.92 | $3.84 | +2.00% |
| 1 LOOT | $7.84 | $7.69 | +2.00% |
| 5 LOOT | $39.2 | $38.44 | +2.00% |
| 10 LOOT | $78.4 | $76.88 | +2.00% |
| 50 LOOT | $392 | $384.39 | +2.00% |
| 100 LOOT | $784 | $768.78 | +2.00% |
| 500 LOOT | $3,919.99 | $3,843.9 | +2.00% |
| 1000 LOOT | $7,839.98 | $7,687.8 | +2.00% |
LOOT to JMD Today vs. 1 month ago
| Amount | 03:27 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LOOT | $3.92 | $5.54 | -29.42% |
| 1 LOOT | $7.84 | $11.08 | -29.42% |
| 5 LOOT | $39.2 | $55.41 | -29.42% |
| 10 LOOT | $78.4 | $110.82 | -29.42% |
| 50 LOOT | $392 | $554.1 | -29.42% |
| 100 LOOT | $784 | $1,108.2 | -29.42% |
| 500 LOOT | $3,919.99 | $5,540.98 | -29.42% |
| 1000 LOOT | $7,839.98 | $11,081.96 | -29.42% |
LOOT to JMD Today vs. 1 year ago
| Amount | 03:27 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LOOT | $3.92 | $76.45 | -94.91% |
| 1 LOOT | $7.84 | $152.9 | -94.91% |
| 5 LOOT | $39.2 | $764.5 | -94.91% |
| 10 LOOT | $78.4 | $1,529 | -94.91% |
| 50 LOOT | $392 | $7,644.98 | -94.91% |
| 100 LOOT | $784 | $15,289.96 | -94.91% |
| 500 LOOT | $3,919.99 | $76,449.81 | -94.91% |
| 1000 LOOT | $7,839.98 | $152,899.61 | -94.91% |
How to convert LOOT to JMD
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Convert LOOT to JMD
Use a variety of payment options to buy LootBot on Bitget. We'll show you how.
Buy LOOT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of LOOT with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy LOOT 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 LOOT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of LOOT to JMD. However, you can first exchange LOOT 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 |
|---|
No matching ads found.
What factors influence the conversion rate of LOOT to JMD?
There are many factors that affect the relationship between LootBot 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 LOOT/JMD. When there is positive news in the market about the widespread adoption of LOOT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LOOT/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LOOT/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.
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 LOOT/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 LootBot and adjust their investment strategies accordingly in the evolving market.
LootBot price prediction
What will the price of LOOT be in 2026?
Based on LOOT's historical price performance prediction model, the price of LOOT is projected to reach $0.05701 in 2026.
What will the price of LOOT be in 2031?
In 2031, the LOOT price is expected to change by +47.00%. By the end of 2031, the LOOT price is projected to reach $0.1073, with a cumulative ROI of +120.16%.
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Popular LootBot Converter
Check out these popular currency conversions of LootBot to several fiat currencies.
LOOT to TWD
1 LOOT to NT$ 1.65 TWD
LOOT to CNY
1 LOOT to ¥ 0.3622 CNY
LOOT to JMD
1 LOOT to $ 7.84 JMD
LOOT to USD
1 LOOT to $ 0.04980 USD
LOOT to EUR
1 LOOT to € 0.04612 EUR
LOOT to CAD
1 LOOT to $ 0.07121 CAD
LOOT to KRW
1 LOOT to ₩ 73.06 KRW
LOOT to JPY
1 LOOT to ¥ 7.46 JPY
LOOT to GBP
1 LOOT to £ 0.03854 GBP
LOOT to BRL
1 LOOT to R$ 0.2830 BRL
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Explore other cryptocurrencies based on your interest in LootBot.
BTC to JMD
1 BTC to $ 13,340,810.8 JMD
ACT to JMD
1 ACT to $ 11.39 JMD
MASK to JMD
1 MASK to $ 215.69 JMD
BNB to JMD
1 BNB to $ 95,059.63 JMD
COMP to JMD
1 COMP to $ 7,293.75 JMD
DEXE to JMD
1 DEXE to $ 2,296.25 JMD
LINK to JMD
1 LINK to $ 2,169.72 JMD
PNUT to JMD
1 PNUT to $ 23.82 JMD
SUI to JMD
1 SUI to $ 373.31 JMD
TRUMP to JMD
1 TRUMP to $ 1,628.27 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 LootBot 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 LootBot 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 LootBot 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.
