CULT
JMD
Last updated as of 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 Cult DAO(CULT) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 CULT at a value of 1 CULT 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 Cult DAO currency pair is the CULT to JMD, with for Cult DAO's currency code being CULT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
CULT to JMD conversion rate trend
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In the past 1D, Cult DAO has changed -1.15% to JMD. Based on the trend and price charts, Cult DAO(CULT) has changed -1.15% to JMD while Jamaican Dollar(JMD) has changed % to CULT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.0009400 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.0002220 | 0.1000% / 0.1000% | Yes |
Bybit | $0.0003464 | 0.1000% / 0.1000% | Yes |
KuCoin | $0.0003149 | 0.1000% / 0.1000% | Yes |
Last updated as of 2024/11/07 01:00:17(UTC+0)
How to buy Cult DAO
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Buy Cult DAO (CULT)
Use a variety of payment options to buy Cult DAO on Bitget. We'll show you how.
Learn MoreBuy CULT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of CULT with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy CULT 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 CULT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of CULT to JMD. However, you can first exchange CULT 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 Cult DAO to Jamaican Dollar?
Cult DAO to Jamaican Dollar is falling this week.Cult DAO's current market price is $ 0.0002235 per CULT, with a total market cap of $ 965,364,133.07 JMD based on a circulating supply of 4,318,690,800,000 CULT. The trading volume of Cult DAO has changed by -3.90% ($ -451,999.16 JMD) in the last 24 hours. Last trading day, CULT's trading volume was $ 11,577,550.86.
Market cap
$6.13M
24h volume
$70.66K
Circulating supply
4.32T CULT
Conversion tables
The exchange rate of Cult DAO is decreasing.1 CULT is currently valued at $ 0.0002235 JMD , which means buying 5 CULT will cost $ 0.001118 JMD . Similarly, $1 JMD can be traded for 4,473.64 CULT, and $50 JMD can be converted to 223,681.96 CULT, excluding any platform or gas fees.
The exchange rate of 1 CULT to Jamaican Dollar has changed by -9.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.15%, reaching a high of 0.0002260 JMD and a low of 0.0002228 JMD . One month ago, the value of 1 CULT was $ 0.0003327 JMD , which represents a -32.84% change from its current value. Over the last year, Cult DAO has changed by , resulting in a change of -48.58% in its value.
-$
0.0002109JMDCULT to JMD
Amount
11:36 am today
0.5 CULT
$0.0001118
1 CULT
$0.0002235
5 CULT
$0.001118
10 CULT
$0.002235
50 CULT
$0.01118
100 CULT
$0.02235
500 CULT
$0.1118
1000 CULT
$0.2235
JMD to CULT
Amount11:36 am today
0.5JMD2,236.82 CULT
1JMD4,473.64 CULT
5JMD22,368.2 CULT
10JMD44,736.39 CULT
50JMD223,681.96 CULT
100JMD447,363.93 CULT
500JMD2,236,819.63 CULT
1000JMD4,473,639.26 CULT
Today vs. 24 hours ago
| Amount | 11:36 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CULT | $0.{6}7098 | $0.{6}7181 | -1.15% |
| 1 CULT | $0.{5}1420 | $0.{5}1436 | -1.15% |
| 5 CULT | $0.{5}7098 | $0.{5}7181 | -1.15% |
| 10 CULT | $0.{4}1420 | $0.{4}1436 | -1.15% |
| 50 CULT | $0.{4}7098 | $0.{4}7181 | -1.15% |
| 100 CULT | $0.0001420 | $0.0001436 | -1.15% |
| 500 CULT | $0.0007098 | $0.0007181 | -1.15% |
| 1000 CULT | $0.001420 | $0.001436 | -1.15% |
Today vs. 1 month ago
| Amount | 11:36 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CULT | $0.{6}7098 | $0.{5}1057 | -32.84% |
| 1 CULT | $0.{5}1420 | $0.{5}2113 | -32.84% |
| 5 CULT | $0.{5}7098 | $0.{4}1057 | -32.84% |
| 10 CULT | $0.{4}1420 | $0.{4}2113 | -32.84% |
| 50 CULT | $0.{4}7098 | $0.0001057 | -32.84% |
| 100 CULT | $0.0001420 | $0.0002113 | -32.84% |
| 500 CULT | $0.0007098 | $0.001057 | -32.84% |
| 1000 CULT | $0.001420 | $0.002113 | -32.84% |
Today vs. 1 year ago
| Amount | 11:36 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CULT | $0.{6}7098 | $0.{5}1380 | -48.58% |
| 1 CULT | $0.{5}1420 | $0.{5}2759 | -48.58% |
| 5 CULT | $0.{5}7098 | $0.{4}1380 | -48.58% |
| 10 CULT | $0.{4}1420 | $0.{4}2759 | -48.58% |
| 50 CULT | $0.{4}7098 | $0.0001380 | -48.58% |
| 100 CULT | $0.0001420 | $0.0002759 | -48.58% |
| 500 CULT | $0.0007098 | $0.001380 | -48.58% |
| 1000 CULT | $0.001420 | $0.002759 | -48.58% |
Cult DAO price prediction
What will the price of CULT be in 2026?
Based on CULT's historical price performance prediction model, the price of CULT is projected to reach $0.{5}1672 in 2026.
What will the price of CULT be in 2031?
In 2031, the CULT price is expected to change by +44.00%. By the end of 2031, the CULT price is projected to reach $0.{5}2671, with a cumulative ROI of +87.96%.
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Popular Cult DAO conversions
Check out these popular currency conversions of Cult DAO to several fiat currencies.
Cult DAO to TWD
1 CULT to NT$ 0.{4}4640 TWD
Cult DAO to CNY
1 CULT to ¥ 0.{4}1031 CNY
Cult DAO to JMD
1 CULT to $ 0.0002235 JMD
Cult DAO to USD
1 CULT to $ 0.{5}1420 USD
Cult DAO to AUD
1 CULT to $ 0.{5}2236 AUD
Cult DAO to EUR
1 CULT to € 0.{5}1353 EUR
Cult DAO to CAD
1 CULT to $ 0.{5}2013 CAD
Cult DAO to KRW
1 CULT to ₩ 0.002046 KRW
Cult DAO to JPY
1 CULT to ¥ 0.0002163 JPY
Cult DAO to GBP
1 CULT to £ 0.{5}1128 GBP
Cult DAO to BRL
1 CULT to R$ 0.{5}8099 BRL
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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 Cult DAO 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 Cult DAO 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 Cult DAO 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.
