BALTO
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 BALTO(BALTO) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 BALTO at a value of 1 BALTO for 0.00 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 BALTO currency pair is the BALTO to JMD, with for BALTO's currency code being BALTO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
BALTO to JMD conversion rate trend
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In the past 1D, BALTO has changed -0.23% to JMD. Based on the trend and price charts, BALTO(BALTO) has changed -0.23% to JMD while Jamaican Dollar(JMD) has changed % to BALTO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.{4}8695 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/21 08:33:21(UTC+0)
How to buy BALTO
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Buy BALTO (BALTO)
Use a variety of payment options to buy BALTO on Bitget. We'll show you how.
Buy BALTO (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of BALTO with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy BALTO 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 BALTO (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of BALTO to JMD. However, you can first exchange BALTO 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 BALTO to Jamaican Dollar?
BALTO to Jamaican Dollar is falling this week.BALTO's current market price is $ 0.{4}8541 per BALTO, with a total market cap of $ 0 JMD based on a circulating supply of -- BALTO. The trading volume of BALTO has changed by +253.87% ($ 336,327.53 JMD) in the last 24 hours. Last trading day, BALTO's trading volume was $ 132,480.06.
Market cap
$0
24h volume
$3.00K
Circulating supply
0 BALTO
Conversion tables
The exchange rate of BALTO is decreasing.1 BALTO is currently valued at $ 0.{4}8541 JMD , which means buying 5 BALTO will cost $ 0.0004270 JMD . Similarly, $1 JMD can be traded for 11,708.52 BALTO, and $50 JMD can be converted to 585,425.86 BALTO, excluding any platform or gas fees.
The exchange rate of 1 BALTO to Jamaican Dollar has changed by -15.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.23%, reaching a high of 0.{4}8695 JMD and a low of 0.{4}7673 JMD . One month ago, the value of 1 BALTO was $ 0.0002948 JMD , which represents a -71.03% change from its current value. Over the last year, BALTO has changed by , resulting in a change of -69.55% in its value.
-$
0.0001951JMDBALTO to JMD
Amount
10:32 am today
0.5 BALTO
$0.{4}4270
1 BALTO
$0.{4}8541
5 BALTO
$0.0004270
10 BALTO
$0.0008541
50 BALTO
$0.004270
100 BALTO
$0.008541
500 BALTO
$0.04270
1000 BALTO
$0.08541
JMD to BALTO
Amount10:32 am today
0.5JMD5,854.26 BALTO
1JMD11,708.52 BALTO
5JMD58,542.59 BALTO
10JMD117,085.17 BALTO
50JMD585,425.86 BALTO
100JMD1,170,851.73 BALTO
500JMD5,854,258.63 BALTO
1000JMD11,708,517.27 BALTO
Today vs. 24 hours ago
| Amount | 10:32 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BALTO | $0.{6}2730 | $0.{6}2736 | -0.23% |
| 1 BALTO | $0.{6}5460 | $0.{6}5473 | -0.23% |
| 5 BALTO | $0.{5}2730 | $0.{5}2736 | -0.23% |
| 10 BALTO | $0.{5}5460 | $0.{5}5473 | -0.23% |
| 50 BALTO | $0.{4}2730 | $0.{4}2736 | -0.23% |
| 100 BALTO | $0.{4}5460 | $0.{4}5473 | -0.23% |
| 500 BALTO | $0.0002730 | $0.0002736 | -0.23% |
| 1000 BALTO | $0.0005460 | $0.0005473 | -0.23% |
Today vs. 1 month ago
| Amount | 10:32 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BALTO | $0.{6}2730 | $0.{6}9422 | -71.03% |
| 1 BALTO | $0.{6}5460 | $0.{5}1884 | -71.03% |
| 5 BALTO | $0.{5}2730 | $0.{5}9422 | -71.03% |
| 10 BALTO | $0.{5}5460 | $0.{4}1884 | -71.03% |
| 50 BALTO | $0.{4}2730 | $0.{4}9422 | -71.03% |
| 100 BALTO | $0.{4}5460 | $0.0001884 | -71.03% |
| 500 BALTO | $0.0002730 | $0.0009422 | -71.03% |
| 1000 BALTO | $0.0005460 | $0.001884 | -71.03% |
Today vs. 1 year ago
| Amount | 10:32 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BALTO | $0.{6}2730 | $0.{6}8966 | -69.55% |
| 1 BALTO | $0.{6}5460 | $0.{5}1793 | -69.55% |
| 5 BALTO | $0.{5}2730 | $0.{5}8966 | -69.55% |
| 10 BALTO | $0.{5}5460 | $0.{4}1793 | -69.55% |
| 50 BALTO | $0.{4}2730 | $0.{4}8966 | -69.55% |
| 100 BALTO | $0.{4}5460 | $0.0001793 | -69.55% |
| 500 BALTO | $0.0002730 | $0.0008966 | -69.55% |
| 1000 BALTO | $0.0005460 | $0.001793 | -69.55% |
BALTO price prediction
What will the price of BALTO be in 2025?
Based on BALTO's historical price performance prediction model, the price of BALTO is projected to reach $0.{6}8816 in 2025.
What will the price of BALTO be in 2030?
In 2030, the BALTO price is expected to change by -16.00%. By the end of 2030, the BALTO price is projected to reach $0.{6}9394, with a cumulative ROI of +43.50%.
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Popular BALTO conversions
Check out these popular currency conversions of BALTO to several fiat currencies.
BALTO to USD
1 BALTO to $ 0.{6}5460 USD
BALTO to GBP
1 BALTO to £ 0.{6}4343 GBP
BALTO to EUR
1 BALTO to € 0.{6}5234 EUR
BALTO to KRW
1 BALTO to ₩ 0.0007898 KRW
BALTO to CAD
1 BALTO to $ 0.{6}7849 CAD
BALTO to AUD
1 BALTO to $ 0.{6}8733 AUD
BALTO to JPY
1 BALTO to ¥ 0.{4}8543 JPY
BALTO to BRL
1 BALTO to R$ 0.{5}3323 BRL
BALTO to CNY
1 BALTO to ¥ 0.{5}3985 CNY
BALTO to TWD
1 BALTO to NT$ 0.{4}1782 TWD
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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 BALTO 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 BALTO 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 BALTO 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.
