SXP
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 Solar(SXP) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 SXP at a value of 1 SXP for 44.03 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 Solar currency pair is the SXP to JMD, with for Solar's currency code being SXP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
SXP to JMD conversion rate trend
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In the past 1D, Solar has changed +14.93% to JMD. Based on the trend and price charts, Solar(SXP) has changed +14.93% to JMD while Jamaican Dollar(JMD) has changed % to SXP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $39.62 | 0.0200% / 0.0320%  VIP 7 | |
Binance | $39.76 | 0.1000% / 0.1000% | Yes |
Huobi | $41.21 | 0.1000% / 0.1000% | Yes |
Gate.io | $39.87 | 0.1000% / 0.1000% | Yes |
KuCoin | $39.87 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/06 00:00:25(UTC+0)
How to buy Solar
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.
Buy Solar (SXP)
Use a variety of payment options to buy Solar on Bitget. We'll show you how.
Learn MoreBuy SXP (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of SXP with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy SXP 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 SXP (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of SXP to JMD. However, you can first exchange SXP 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 Solar to Jamaican Dollar?
Solar to Jamaican Dollar is rising this week.Solar's current market price is $ 44.03 per SXP, with a total market cap of $ 27,415,786,720.2 JMD based on a circulating supply of 622,674,940 SXP. The trading volume of Solar has changed by +14.06% ($ 931,982,762.94 JMD) in the last 24 hours. Last trading day, SXP's trading volume was $ 6,628,752,839.26.
Market cap
$173.36M
24h volume
$47.81M
Circulating supply
622.67M SXP
Conversion tables
The exchange rate of Solar is increasing.1 SXP is currently valued at $ 44.03 JMD , which means buying 5 SXP will cost $ 220.15 JMD . Similarly, $1 JMD can be traded for 0.02271 SXP, and $50 JMD can be converted to 1.14 SXP, excluding any platform or gas fees.
The exchange rate of 1 SXP to Jamaican Dollar has changed by +9.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by +14.93%, reaching a high of 44.22 JMD and a low of 37.97 JMD . One month ago, the value of 1 SXP was $ 39.03 JMD , which represents a +12.81% change from its current value. Over the last year, Solar has changed by , resulting in a change of -19.74% in its value.
-$
10.84JMDSXP to JMD
Amount
01:58 am today
0.5 SXP
$22.01
1 SXP
$44.03
5 SXP
$220.15
10 SXP
$440.29
50 SXP
$2,201.45
100 SXP
$4,402.9
500 SXP
$22,014.52
1000 SXP
$44,029.05
JMD to SXP
Amount01:58 am today
0.5JMD0.01136 SXP
1JMD0.02271 SXP
5JMD0.1136 SXP
10JMD0.2271 SXP
50JMD1.14 SXP
100JMD2.27 SXP
500JMD11.36 SXP
1000JMD22.71 SXP
Today vs. 24 hours ago
| Amount | 01:58 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SXP | $0.1392 | $0.1211 | +14.93% |
| 1 SXP | $0.2784 | $0.2422 | +14.93% |
| 5 SXP | $1.39 | $1.21 | +14.93% |
| 10 SXP | $2.78 | $2.42 | +14.93% |
| 50 SXP | $13.92 | $12.11 | +14.93% |
| 100 SXP | $27.84 | $24.22 | +14.93% |
| 500 SXP | $139.2 | $121.11 | +14.93% |
| 1000 SXP | $278.41 | $242.21 | +14.93% |
Today vs. 1 month ago
| Amount | 01:58 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SXP | $0.1392 | $0.1234 | +12.81% |
| 1 SXP | $0.2784 | $0.2468 | +12.81% |
| 5 SXP | $1.39 | $1.23 | +12.81% |
| 10 SXP | $2.78 | $2.47 | +12.81% |
| 50 SXP | $13.92 | $12.34 | +12.81% |
| 100 SXP | $27.84 | $24.68 | +12.81% |
| 500 SXP | $139.2 | $123.38 | +12.81% |
| 1000 SXP | $278.41 | $246.77 | +12.81% |
Today vs. 1 year ago
| Amount | 01:58 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SXP | $0.1392 | $0.1735 | -19.74% |
| 1 SXP | $0.2784 | $0.3469 | -19.74% |
| 5 SXP | $1.39 | $1.73 | -19.74% |
| 10 SXP | $2.78 | $3.47 | -19.74% |
| 50 SXP | $13.92 | $17.35 | -19.74% |
| 100 SXP | $27.84 | $34.69 | -19.74% |
| 500 SXP | $139.2 | $173.47 | -19.74% |
| 1000 SXP | $278.41 | $346.94 | -19.74% |
Solar price prediction
What will the price of SXP be in 2025?
Based on SXP's historical price performance prediction model, the price of SXP is projected to reach $0.3191 in 2025.
What will the price of SXP be in 2030?
In 2030, the SXP price is expected to change by -15.00%. By the end of 2030, the SXP price is projected to reach $0.7154, with a cumulative ROI of +179.84%.
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Popular Solar conversions
Check out these popular currency conversions of Solar to several fiat currencies.
Solar to USD
1 SXP to $ 0.2784 USD
Solar to GBP
1 SXP to £ 0.2147 GBP
Solar to EUR
1 SXP to € 0.2567 EUR
Solar to KRW
1 SXP to ₩ 385.84 KRW
Solar to CAD
1 SXP to $ 0.3866 CAD
Solar to AUD
1 SXP to $ 0.4223 AUD
Solar to JPY
1 SXP to ¥ 42.51 JPY
Solar to BRL
1 SXP to R$ 1.61 BRL
Solar to CNY
1 SXP to ¥ 1.98 CNY
Solar to TWD
1 SXP to NT$ 8.88 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Solar.
Bitcoin to JMD
1 BTC to $ 11,262,021.04 JMD
Super Trump Coin to JMD
1 STRUMP to $ 0.9681 JMD
Grass to JMD
1 GRASS to $ -- JMD
Xodex to JMD
1 XODEX to $ 0.04713 JMD
Solana to JMD
1 SOL to $ 27,376.08 JMD
Dogecoin to JMD
1 DOGE to $ 28.86 JMD
Sui to JMD
1 SUI to $ 331.74 JMD
Ethereum to JMD
1 ETH to $ 392,665.79 JMD
TROY to JMD
1 TROY to $ 0.7063 JMD
Pepe to JMD
1 PEPE to $ 0.001411 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 Solar 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 Solar 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 Solar 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.
