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MERL to JMD Converter and calculator

MERL/JMD: 1 MERL = 16.96 JMD. The price of converting 1 Merlin Chain (MERL) to Jamaican Dollar (JMD) is 16.96 JMD today.
MERL
MERL
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MERL to JMD real-time exchange rates, making it easy to convert Merlin Chain (MERL) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MERL is currently valued at 16.96 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MERL is currently valued at 16.96 JMD, which means buying 5 MERL would cost 84.79 JMD. Similarly, $1 JMD can be converted to 0.05897 MERL, and $50 JMD can be converted to 0.2948 MERL, excluding any platform or gas fees.

Convert MERL to JMD

Convert JMD to MERL

Merlin Chain
Jamaican Dollar
100 MERL
1,695.85  JMD
200 MERL
3,391.7  JMD
500 MERL
8,479.26  JMD
1000 MERL
16,958.52  JMD
5000 MERL
84,792.6  JMD
10000 MERL
169,585.2  JMD
In the table above, you'll find a comprehensive MERL to JMD converter that shows the value of Merlin Chain in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MERL to JMD, all the way up to 10000 MERL, providing a clear view of their respective values.
Jamaican Dollar
Merlin Chain
50000 JMD
2,948.37 MERL
100000 JMD
5,896.74 MERL
In the table above, you'll find a comprehensive JMD to MERL converter that shows the value of Jamaican Dollar in Merlin Chain across commonly used conversion amounts. The list covers conversions from 1 JMD to MERL, all the way up to 100000 JMD, providing a clear view of their respective values.

MERL to JMD chart

MERL/JMD: 1 MERL = 16.96 JMD; 2025/04/27 06:10:27
In the past 1D, Merlin Chain has changed -7.40% to JMD. Based on the trend and price charts, Merlin Chain(MERL) has changed -7.40% to JMD while Jamaican Dollar(JMD) has changed % to MERL in the last 24 hours.
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MERL to JMD conversion data: Volatility and price changes of Merlin Chain in JMD

The highest Merlin Chain price in JMD over the past 7 days was 19.19 JMD while the lowest Merlin Chain price in JMD over the past 7 days was 12.04 JMD. The relative change between the highs and lows in Merlin Chain price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MERL 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
19.07 JMD
19.19 JMD
19.19 JMD
23.41 JMD
Low
16.78 JMD
12.04 JMD
11.27 JMD
11.27 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-7.40%
+37.68%
-5.79%
-22.31%

Merlin Chain information

MERL to JMD market statistics

MERL/JMD:
$16.96
MERL 24h volume:
$1,451,025,696.35
MERL market cap:
$8,903,222,930.96
MERL circulating supply:
525.00M MERL

Current MERL to JMD exchange rate

Merlin Chain to Jamaican Dollar is rising this week.
Merlin Chain's current market price is $16.96 per MERL, with a total market cap of $8,903,222,930.96 JMD based on a circulating supply of 525,000,000 MERL. The trading volume of Merlin Chain has changed by -30.90% ($-649,009,611.91 JMD) in the last 24 hours. Last trading day, MERL's trading volume was $2,100,035,308.27.

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

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How to convert MERL to JMD

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

The exchange rate of Merlin Chain is decreasing.
The exchange rate of 1 MERL to Jamaican Dollar has changed by +37.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.40%, reaching a high of 19.07 JMD and a low of 16.78 JMD . One month ago, the value of 1 MERL was $18 JMD , which represents a -5.79% change from its current value. Over the last year, Merlin Chain has changed by
-$
88.1JMD
, resulting in a change of -83.88% in its value.
24 hours ago1 month ago1 year ago
Amount06:10 am today24 hours ago24h change
0.5 MERL$8.48$9.16
-7.40%
1 MERL$16.96$18.31
-7.40%
5 MERL$84.79$91.56
-7.40%
10 MERL$169.59$183.12
-7.40%
50 MERL$847.93$915.6
-7.40%
100 MERL$1,695.85$1,831.19
-7.40%
500 MERL$8,479.26$9,155.96
-7.40%
1000 MERL$16,958.52$18,311.93
-7.40%

MERL to JMD FAQ

How much is 1 Merlin Chain in JMD?
Right now, the price of 1 Merlin Chain (MERL) in Jamaican Dollar (JMD) is $16.96.
How much MERL can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.05897 MERL for 1 JMD.
How do I calculate or convert MERL to JMD?
You can use our MERL to JMD calculator at the top of this page to convert any amount of MERL to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.2948 MERL, while 5 MERL will cost around 84.79JMD.
What is the highest price of MERL/JMD in history?
The all-time high price of 1 MERL in JMD is $244.82. It remains to be seen if the value of 1 MERL/JMD will exceed the current all-time high.
What is the price trend of Merlin Chain in JMD?
Over the past 7 days, the exchange rate of Merlin Chain (MERL) has gone up by 37.68%.   Over the last month, the exchange rate of Merlin Chain (MERL) has gone down by 5.79% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MERL to JMD?

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