Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Solar

Solar to Jamaican Dollar Converter and calculator

Convert 1Solar (SXP) to Jamaican Dollar (JMD) equals $ 53.58 | Bitget
SXP
SXP
swap
JMD
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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 53.58 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.

Show more
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

1D7D1M3M1YAll
In the past 1D, Solar has changed +0.71% to JMD. Based on the trend and price charts, Solar(SXP) has changed +0.71% to JMD while Jamaican Dollar(JMD) has changed % to SXP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$54.01
0.0001% / 0.0004%vip-iconVIP
Binance
$53.91
0.1000% / 0.1000%
Yes
Huobi
$53.95
0.1000% / 0.1000%
Yes
Gate.io
$53.97
0.1000% / 0.1000%
Yes
KuCoin
$54.05
0.1000% / 0.1000%
Yes
Last updated 2024/06/03 08:00:24(UTC+0)

How to buy Solar

buy-coin-step-0-img
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.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Solar (SXP)
Use a variety of payment options to buy Solar on Bitget. We'll show you how.

What factors influence the conversion rate of Solar to Jamaican Dollar?

Solar to Jamaican Dollar is falling this week.
Solar's current market price is $ 53.58 per SXP, with a total market cap of $ 32,465,123,988.83 JMD based on a circulating supply of 605,899,400 SXP. The trading volume of Solar has changed by +129.64% ($ 995,648,029.81 JMD) in the last 24 hours. Last trading day, SXP's trading volume was $ 768,029,446.76.
Market cap
$208.74M
24h volume
$11.34M
Circulating supply
605.90M SXP

Conversion tables

The exchange rate of Solar is increasing.
1 SXP is currently valued at $ 53.58 JMD , which means buying 5 SXP will cost $ 267.91 JMD . Similarly, $1 JMD can be traded for 0.01866 SXP, and $50 JMD can be converted to 0.9332 SXP, excluding any platform or gas fees.
The exchange rate of 1 SXP to Jamaican Dollar has changed by -0.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.71%, reaching a high of 54.47 JMD and a low of 51.41 JMD . One month ago, the value of 1 SXP was $ 53.51 JMD , which represents a +0.13% change from its current value. Over the last year, Solar has changed by
-$
17.08JMD
, resulting in a change of -24.17% in its value.

SXP to JMD

Amount
08:31 am today
0.5 SXP
$26.79
1 SXP
$53.58
5 SXP
$267.91
10 SXP
$535.82
50 SXP
$2,679.09
100 SXP
$5,358.17
500 SXP
$26,790.85
1000 SXP
$53,581.71

JMD to SXP

Amount08:31 am today
0.5JMD0.009332  SXP
1JMD0.01866  SXP
5JMD0.09332  SXP
10JMD0.1866  SXP
50JMD0.9332  SXP
100JMD1.87  SXP
500JMD9.33  SXP
1000JMD18.66  SXP
Buy Solar for 1 JMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Solar now

Today vs. 24 hours ago

Amount08:31 am today24 hours ago24h change
0.5 SXP$0.1723$0.1710
+0.71%
1 SXP$0.3445$0.3421
+0.71%
5 SXP$1.72$1.71
+0.71%
10 SXP$3.45$3.42
+0.71%
50 SXP$17.23$17.1
+0.71%
100 SXP$34.45$34.21
+0.71%
500 SXP$172.26$171.04
+0.71%
1000 SXP$344.52$342.08
+0.71%

Today vs. 1 month ago

Amount08:31 am today1 month ago1M change
0.5 SXP$0.1723$0.1720
+0.13%
1 SXP$0.3445$0.3441
+0.13%
5 SXP$1.72$1.72
+0.13%
10 SXP$3.45$3.44
+0.13%
50 SXP$17.23$17.2
+0.13%
100 SXP$34.45$34.41
+0.13%
500 SXP$172.26$172.03
+0.13%
1000 SXP$344.52$344.06
+0.13%
Buy Solar for 1 JMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Solar now

Today vs. 1 year ago

Amount08:31 am today1 year ago1Y change
0.5 SXP$0.1723$0.2272
-24.17%
1 SXP$0.3445$0.4543
-24.17%
5 SXP$1.72$2.27
-24.17%
10 SXP$3.45$4.54
-24.17%
50 SXP$17.23$22.72
-24.17%
100 SXP$34.45$45.43
-24.17%
500 SXP$172.26$227.16
-24.17%
1000 SXP$344.52$454.32
-24.17%

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 $0.4369 in 2025.

What will the price of SXP be in 2030?

In 2030, the SXP price is expected to rise by -16.00%. By the end of 2030, the SXP price is projected to reach $0.4967, with a cumulative ROI of +44.17%.
Buy Solar for 1 JMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Solar now

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action
Buy Solar for 1 JMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Solar now
Buy Solar for 1 JMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Solar now

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.

Buy Solar for 1 JMD

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Solar now
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.