MVL
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 MVL(MVL) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MVL at a value of 1 MVL for 0.91 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 MVL currency pair is the MVL to JMD, with for MVL's currency code being MVL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MVL to JMD conversion rate trend
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In the past 1D, MVL has changed +22.80% to JMD. Based on the trend and price charts, MVL(MVL) has changed +22.80% to JMD while Jamaican Dollar(JMD) has changed % to MVL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.9356 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | $0.8912 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.9409 | 0.1000% / 0.1000% | Yes |
Bybit | $0.9373 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/22 08:00:46(UTC+0)
How to buy MVL
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Buy MVL (MVL)
Use a variety of payment options to buy MVL on Bitget. We'll show you how.
Learn MoreBuy MVL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MVL with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MVL 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 MVL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MVL to JMD. However, you can first exchange MVL 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 MVL to Jamaican Dollar?
MVL to Jamaican Dollar is rising this week.MVL's current market price is $ 0.9070 per MVL, with a total market cap of $ 23,311,720,386.66 JMD based on a circulating supply of 25,702,960,000 MVL. The trading volume of MVL has changed by +1044.95% ($ 17,376,319,386.9 JMD) in the last 24 hours. Last trading day, MVL's trading volume was $ 1,662,891,930.56.
Market cap
$146.11M
24h volume
$119.33M
Circulating supply
25.70B MVL
Conversion tables
The exchange rate of MVL is increasing.1 MVL is currently valued at $ 0.9070 JMD , which means buying 5 MVL will cost $ 4.53 JMD . Similarly, $1 JMD can be traded for 1.1 MVL, and $50 JMD can be converted to 55.13 MVL, excluding any platform or gas fees.
The exchange rate of 1 MVL to Jamaican Dollar has changed by +20.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by +22.80%, reaching a high of 0.9666 JMD and a low of 0.7319 JMD . One month ago, the value of 1 MVL was $ 0.5775 JMD , which represents a +57.04% change from its current value. Over the last year, MVL has changed by , resulting in a change of +42.64% in its value.
+$
0.2711JMDMVL to JMD
Amount
10:30 am today
0.5 MVL
$0.4535
1 MVL
$0.9070
5 MVL
$4.53
10 MVL
$9.07
50 MVL
$45.35
100 MVL
$90.7
500 MVL
$453.48
1000 MVL
$906.97
JMD to MVL
Amount10:30 am today
0.5JMD0.5513 MVL
1JMD1.1 MVL
5JMD5.51 MVL
10JMD11.03 MVL
50JMD55.13 MVL
100JMD110.26 MVL
500JMD551.29 MVL
1000JMD1,102.58 MVL
Today vs. 24 hours ago
| Amount | 10:30 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MVL | $0.002842 | $0.002315 | +22.80% |
| 1 MVL | $0.005685 | $0.004629 | +22.80% |
| 5 MVL | $0.02842 | $0.02315 | +22.80% |
| 10 MVL | $0.05685 | $0.04629 | +22.80% |
| 50 MVL | $0.2842 | $0.2315 | +22.80% |
| 100 MVL | $0.5685 | $0.4629 | +22.80% |
| 500 MVL | $2.84 | $2.31 | +22.80% |
| 1000 MVL | $5.68 | $4.63 | +22.80% |
Today vs. 1 month ago
| Amount | 10:30 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MVL | $0.002842 | $0.001810 | +57.04% |
| 1 MVL | $0.005685 | $0.003620 | +57.04% |
| 5 MVL | $0.02842 | $0.01810 | +57.04% |
| 10 MVL | $0.05685 | $0.03620 | +57.04% |
| 50 MVL | $0.2842 | $0.1810 | +57.04% |
| 100 MVL | $0.5685 | $0.3620 | +57.04% |
| 500 MVL | $2.84 | $1.81 | +57.04% |
| 1000 MVL | $5.68 | $3.62 | +57.04% |
Today vs. 1 year ago
| Amount | 10:30 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MVL | $0.002842 | $0.001993 | +42.64% |
| 1 MVL | $0.005685 | $0.003985 | +42.64% |
| 5 MVL | $0.02842 | $0.01993 | +42.64% |
| 10 MVL | $0.05685 | $0.03985 | +42.64% |
| 50 MVL | $0.2842 | $0.1993 | +42.64% |
| 100 MVL | $0.5685 | $0.3985 | +42.64% |
| 500 MVL | $2.84 | $1.99 | +42.64% |
| 1000 MVL | $5.68 | $3.99 | +42.64% |
MVL price prediction
What will the price of MVL be in 2025?
Based on MVL's historical price performance prediction model, the price of MVL is projected to reach $0.006077 in 2025.
What will the price of MVL be in 2030?
In 2030, the MVL price is expected to change by -11.00%. By the end of 2030, the MVL price is projected to reach $0.007589, with a cumulative ROI of +55.97%.
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Popular MVL conversions
Check out these popular currency conversions of MVL to several fiat currencies.
MVL to USD
1 MVL to $ 0.005685 USD
MVL to GBP
1 MVL to £ 0.004548 GBP
MVL to EUR
1 MVL to € 0.005471 EUR
MVL to KRW
1 MVL to ₩ 8.01 KRW
MVL to CAD
1 MVL to $ 0.007963 CAD
MVL to AUD
1 MVL to $ 0.008766 AUD
MVL to JPY
1 MVL to ¥ 0.8779 JPY
MVL to BRL
1 MVL to R$ 0.03304 BRL
MVL to CNY
1 MVL to ¥ 0.04125 CNY
MVL to TWD
1 MVL to NT$ 0.1854 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in MVL.
MAD to JMD
1 MAD to $ 0.01007 JMD
Harold to JMD
1 HAROLD to $ 0.2280 JMD
Bitcoin to JMD
1 BTC to $ 15,721,621.82 JMD
TARS AI to JMD
1 TAI to $ 29.79 JMD
EGO to JMD
1 EGO to $ 3.22 JMD
Just a chill guy to JMD
1 CHILLGUY to $ 63.71 JMD
Sharpe AI to JMD
1 SAI to $ 5.73 JMD
XRP to JMD
1 XRP to $ 221.83 JMD
Stellar to JMD
1 XLM to $ 45.49 JMD
Solana to JMD
1 SOL to $ 41,173.06 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 MVL 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 MVL 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 MVL 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.
