XGM
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 Defis(XGM) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 XGM at a value of 1 XGM for 0.01 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 Defis currency pair is the XGM to JMD, with for Defis's currency code being XGM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
XGM to JMD conversion rate trend
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In the past 1D, Defis has changed +4.69% to JMD. Based on the trend and price charts, Defis(XGM) has changed +4.69% to JMD while Jamaican Dollar(JMD) has changed % to XGM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.006174 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 16:31:52(UTC+0)
How to buy Defis
Create Your Free Bitget Account
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Defis (XGM)
Use a variety of payment options to buy Defis on Bitget. We'll show you how.
Buy XGM (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of XGM with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy XGM 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 XGM (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of XGM to JMD. However, you can first exchange XGM 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 Defis to Jamaican Dollar?
Defis to Jamaican Dollar is rising this week.Defis's current market price is $ 0.006227 per XGM, with a total market cap of $ 837,949.97 JMD based on a circulating supply of 134,558,580 XGM. The trading volume of Defis has changed by +4.21% ($ 88.94 JMD) in the last 24 hours. Last trading day, XGM's trading volume was $ 2,114.58.
Market cap
$5.28K
24h volume
$13.87576692
Circulating supply
134.56M XGM
Conversion tables
The exchange rate of Defis is increasing.1 XGM is currently valued at $ 0.006227 JMD , which means buying 5 XGM will cost $ 0.03114 JMD . Similarly, $1 JMD can be traded for 160.58 XGM, and $50 JMD can be converted to 8,029.03 XGM, excluding any platform or gas fees.
The exchange rate of 1 XGM to Jamaican Dollar has changed by +9.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.69%, reaching a high of 0.006242 JMD and a low of 0.005931 JMD . One month ago, the value of 1 XGM was $ 0.004268 JMD , which represents a +45.85% change from its current value. Over the last year, Defis has changed by , resulting in a change of +165.08% in its value.
+$
0.003882JMDXGM to JMD
Amount
18:36 today
0.5 XGM
$0.003114
1 XGM
$0.006227
5 XGM
$0.03114
10 XGM
$0.06227
50 XGM
$0.3114
100 XGM
$0.6227
500 XGM
$3.11
1000 XGM
$6.23
JMD to XGM
Amount18:36 today
0.5JMD80.29 XGM
1JMD160.58 XGM
5JMD802.9 XGM
10JMD1,605.81 XGM
50JMD8,029.03 XGM
100JMD16,058.07 XGM
500JMD80,290.34 XGM
1000JMD160,580.69 XGM
Today vs. 24 hours ago
| Amount | 18:36 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 XGM | $0.{4}1961 | $0.{4}1873 | +4.69% |
| 1 XGM | $0.{4}3921 | $0.{4}3746 | +4.69% |
| 5 XGM | $0.0001961 | $0.0001873 | +4.69% |
| 10 XGM | $0.0003921 | $0.0003746 | +4.69% |
| 50 XGM | $0.001961 | $0.001873 | +4.69% |
| 100 XGM | $0.003921 | $0.003746 | +4.69% |
| 500 XGM | $0.01961 | $0.01873 | +4.69% |
| 1000 XGM | $0.03921 | $0.03746 | +4.69% |
Today vs. 1 month ago
| Amount | 18:36 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 XGM | $0.{4}1961 | $0.{4}1344 | +45.85% |
| 1 XGM | $0.{4}3921 | $0.{4}2688 | +45.85% |
| 5 XGM | $0.0001961 | $0.0001344 | +45.85% |
| 10 XGM | $0.0003921 | $0.0002688 | +45.85% |
| 50 XGM | $0.001961 | $0.001344 | +45.85% |
| 100 XGM | $0.003921 | $0.002688 | +45.85% |
| 500 XGM | $0.01961 | $0.01344 | +45.85% |
| 1000 XGM | $0.03921 | $0.02688 | +45.85% |
Today vs. 1 year ago
| Amount | 18:36 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 XGM | $0.{4}1961 | $0.{5}7386 | +165.08% |
| 1 XGM | $0.{4}3921 | $0.{4}1477 | +165.08% |
| 5 XGM | $0.0001961 | $0.{4}7386 | +165.08% |
| 10 XGM | $0.0003921 | $0.0001477 | +165.08% |
| 50 XGM | $0.001961 | $0.0007386 | +165.08% |
| 100 XGM | $0.003921 | $0.001477 | +165.08% |
| 500 XGM | $0.01961 | $0.007386 | +165.08% |
| 1000 XGM | $0.03921 | $0.01477 | +165.08% |
Defis price prediction
What will the price of XGM be in 2025?
Based on XGM's historical price performance prediction model, the price of XGM is projected to reach $0.{4}5418 in 2025.
What will the price of XGM be in 2030?
In 2030, the XGM price is expected to change by -9.00%. By the end of 2030, the XGM price is projected to reach $0.{4}8441, with a cumulative ROI of +130.72%.
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Popular Defis conversions
Check out these popular currency conversions of Defis to several fiat currencies.
Defis to USD
1 XGM to $ 0.{4}3921 USD
Defis to GBP
1 XGM to £ 0.{4}3107 GBP
Defis to EUR
1 XGM to € 0.{4}3730 EUR
Defis to KRW
1 XGM to ₩ 0.05487 KRW
Defis to CAD
1 XGM to $ 0.{4}5471 CAD
Defis to AUD
1 XGM to $ 0.{4}6019 AUD
Defis to JPY
1 XGM to ¥ 0.006055 JPY
Defis to BRL
1 XGM to R$ 0.0002279 BRL
Defis to CNY
1 XGM to ¥ 0.0002840 CNY
Defis to TWD
1 XGM to NT$ 0.001277 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Defis.
MAD to JMD
1 MAD to $ -- JMD
XRP to JMD
1 XRP to $ 188.93 JMD
EGO to JMD
1 EGO to $ 3.55 JMD
Sharpe AI to JMD
1 SAI to $ 5.26 JMD
Solana to JMD
1 SOL to $ 41,066.12 JMD
Bitcoin to JMD
1 BTC to $ 15,621,932.24 JMD
Dogecoin to JMD
1 DOGE to $ 61.27 JMD
Pepe to JMD
1 PEPE to $ 0.003267 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 213.22 JMD
Sui to JMD
1 SUI to $ 577.09 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 Defis 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 Defis 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 Defis 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.
