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MTRX to JMD Converter and calculator

MTRX/JMD: 1 MTRX = 0.03199 JMD. The price of converting 1 Metarix (MTRX) to Jamaican Dollar (JMD) is 0.03199 JMD today.
MTRX
MTRX
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MTRX to JMD real-time exchange rates, making it easy to convert Metarix (MTRX) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MTRX is currently valued at 0.03 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MTRX is currently valued at 0.03 JMD, which means buying 5 MTRX would cost 0.16 JMD. Similarly, $1 JMD can be converted to 31.26 MTRX, and $50 JMD can be converted to 156.3 MTRX, excluding any platform or gas fees.

Convert MTRX to JMD

Convert JMD to MTRX

Metarix
Jamaican Dollar
5000 MTRX
159.95  JMD
10000 MTRX
319.9  JMD
In the table above, you'll find a comprehensive MTRX to JMD converter that shows the value of Metarix in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MTRX to JMD, all the way up to 10000 MTRX, providing a clear view of their respective values.
Jamaican Dollar
Metarix
1000 JMD
31,259.59 MTRX
2000 JMD
62,519.18 MTRX
5000 JMD
156,297.95 MTRX
10000 JMD
312,595.89 MTRX
50000 JMD
1,562,979.47 MTRX
100000 JMD
3,125,958.93 MTRX
In the table above, you'll find a comprehensive JMD to MTRX converter that shows the value of Jamaican Dollar in Metarix across commonly used conversion amounts. The list covers conversions from 1 JMD to MTRX, all the way up to 100000 JMD, providing a clear view of their respective values.

MTRX to JMD chart

MTRX/JMD: 1 MTRX = 0.03199 JMD; 2025/06/04 01:07:06
In the past 1D, Metarix has changed +0.02% to JMD. Based on the trend and price charts, Metarix(MTRX) has changed +0.02% to JMD while Jamaican Dollar(JMD) has changed % to MTRX in the last 24 hours.
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MTRX to JMD conversion data: Volatility and price changes of Metarix in JMD

The highest Metarix price in JMD over the past 7 days was 0.04654 JMD while the lowest Metarix price in JMD over the past 7 days was 0.03196 JMD. The relative change between the highs and lows in Metarix price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MTRX 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
0.03199 JMD
0.04654 JMD
0.3677 JMD
0.7805 JMD
Low
0.03197 JMD
0.03196 JMD
0.03196 JMD
0.02954 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+0.02%
-31.25%
-74.44%
+8.18%

Metarix information

MTRX to JMD market statistics

MTRX/JMD:
$0.03199
MTRX 24h volume:
$10,125.9
MTRX market cap:
--
MTRX circulating supply:
0 MTRX

Current MTRX to JMD exchange rate

Metarix to Jamaican Dollar is falling this week.
Metarix's current market price is $0.03199 per MTRX, with a total market cap of $0 JMD based on a circulating supply of -- MTRX. The trading volume of Metarix has changed by 0.00% ($0.1721 JMD) in the last 24 hours. Last trading day, MTRX's trading volume was $10,125.73.

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

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How to convert MTRX to JMD

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MTRX to JMD Conversion tables

The exchange rate of Metarix is decreasing.
The exchange rate of 1 MTRX to Jamaican Dollar has changed by -31.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 0.03199 JMD and a low of 0.03197 JMD . One month ago, the value of 1 MTRX was $0.1252 JMD , which represents a -74.44% change from its current value. Over the last year, Metarix has changed by
-$
0.02978JMD
, resulting in a change of -48.21% in its value.
24 hours ago1 month ago1 year ago
Amount01:07 am today24 hours ago24h change
0.5 MTRX
$0.01600$0.01599
+0.02%
1 MTRX
$0.03199$0.03198
+0.02%
5 MTRX
$0.1600$0.1599
+0.02%
10 MTRX
$0.3199$0.3198
+0.02%
50 MTRX
$1.6$1.6
+0.02%
100 MTRX
$3.2$3.2
+0.02%
500 MTRX
$16$15.99
+0.02%
1000 MTRX
$31.99$31.98
+0.02%

MTRX to JMD FAQ

How much is 1 Metarix in JMD?
Right now, the price of 1 Metarix (MTRX) in Jamaican Dollar (JMD) is $0.03199.
How much MTRX can I buy for 1 JMD?
Based on the current exchange rate, you can get 31.26 MTRX for 1 JMD.
How do I calculate or convert MTRX to JMD?
You can use our MTRX to JMD calculator at the top of this page to convert any amount of MTRX to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 156.3 MTRX, while 5 MTRX will cost around 0.1600JMD.
What is the highest price of MTRX/JMD in history?
The all-time high price of 1 MTRX in JMD is $22.45. It remains to be seen if the value of 1 MTRX/JMD will exceed the current all-time high.
What is the price trend of Metarix in JMD?
Over the past 7 days, the exchange rate of Metarix (MTRX) has gone down by 31.25%.   Over the last month, the exchange rate of Metarix (MTRX) has gone down by 74.44% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MTRX to JMD?

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

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