GMFI
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 Golden Magfi(GMFI) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 GMFI at a value of 1 GMFI for 10.93 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 Golden Magfi currency pair is the GMFI to JMD, with for Golden Magfi's currency code being GMFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
GMFI to JMD conversion rate trend
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In the past 1D, Golden Magfi has changed +2.06% to JMD. Based on the trend and price charts, Golden Magfi(GMFI) has changed +2.06% to JMD while Jamaican Dollar(JMD) has changed % to GMFI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $10.79 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/09/21 16:32:49(UTC+0)
How to buy Golden Magfi
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Golden Magfi (GMFI)
Use a variety of payment options to buy Golden Magfi on Bitget. We'll show you how.
Buy GMFI (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of GMFI with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy GMFI 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 GMFI (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of GMFI to JMD. However, you can first exchange GMFI 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 Golden Magfi to Jamaican Dollar?
Golden Magfi to Jamaican Dollar is falling this week.Golden Magfi's current market price is $ 10.93 per GMFI, with a total market cap of $ 0 JMD based on a circulating supply of -- GMFI. The trading volume of Golden Magfi has changed by +2.24% ($ 40,478.62 JMD) in the last 24 hours. Last trading day, GMFI's trading volume was $ 1,804,101.38.
Market cap
$0
24h volume
$11.74K
Circulating supply
0 GMFI
Conversion tables
The exchange rate of Golden Magfi is decreasing.1 GMFI is currently valued at $ 10.93 JMD , which means buying 5 GMFI will cost $ 54.67 JMD . Similarly, $1 JMD can be traded for 0.09145 GMFI, and $50 JMD can be converted to 4.57 GMFI, excluding any platform or gas fees.
The exchange rate of 1 GMFI to Jamaican Dollar has changed by -5.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.06%, reaching a high of 10.99 JMD and a low of 10.72 JMD . One month ago, the value of 1 GMFI was $ 12.83 JMD , which represents a -14.74% change from its current value. Over the last year, Golden Magfi has changed by , resulting in a change of --% in its value.
+$
10.98JMDGMFI to JMD
Amount
20:02 today
0.5 GMFI
$5.47
1 GMFI
$10.93
5 GMFI
$54.67
10 GMFI
$109.35
50 GMFI
$546.74
100 GMFI
$1,093.47
500 GMFI
$5,467.35
1000 GMFI
$10,934.71
JMD to GMFI
Amount20:02 today
0.5JMD0.04573 GMFI
1JMD0.09145 GMFI
5JMD0.4573 GMFI
10JMD0.9145 GMFI
50JMD4.57 GMFI
100JMD9.15 GMFI
500JMD45.73 GMFI
1000JMD91.45 GMFI
Today vs. 24 hours ago
| Amount | 20:02 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GMFI | $0.03479 | $0.03408 | +2.06% |
| 1 GMFI | $0.06958 | $0.06817 | +2.06% |
| 5 GMFI | $0.3479 | $0.3408 | +2.06% |
| 10 GMFI | $0.6958 | $0.6817 | +2.06% |
| 50 GMFI | $3.48 | $3.41 | +2.06% |
| 100 GMFI | $6.96 | $6.82 | +2.06% |
| 500 GMFI | $34.79 | $34.08 | +2.06% |
| 1000 GMFI | $69.58 | $68.17 | +2.06% |
Today vs. 1 month ago
| Amount | 20:02 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GMFI | $0.03479 | $0.04083 | -14.74% |
| 1 GMFI | $0.06958 | $0.08165 | -14.74% |
| 5 GMFI | $0.3479 | $0.4083 | -14.74% |
| 10 GMFI | $0.6958 | $0.8165 | -14.74% |
| 50 GMFI | $3.48 | $4.08 | -14.74% |
| 100 GMFI | $6.96 | $8.17 | -14.74% |
| 500 GMFI | $34.79 | $40.83 | -14.74% |
| 1000 GMFI | $69.58 | $81.65 | -14.74% |
Today vs. 1 year ago
| Amount | 20:02 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GMFI | $0.03479 | $-0.0001381 | -- |
| 1 GMFI | $0.06958 | $-0.0002761 | -- |
| 5 GMFI | $0.3479 | $-0.001381 | -- |
| 10 GMFI | $0.6958 | $-0.002761 | -- |
| 50 GMFI | $3.48 | $-0.01381 | -- |
| 100 GMFI | $6.96 | $-0.02761 | -- |
| 500 GMFI | $34.79 | $-0.1381 | -- |
| 1000 GMFI | $69.58 | $-0.2761 | -- |
Golden Magfi price prediction
What will the price of GMFI be in 2025?
Based on GMFI's historical price performance prediction model, the price of GMFI is projected to reach $0.1134 in 2025.
What will the price of GMFI be in 2030?
In 2030, the GMFI price is expected to change by -2.00%. By the end of 2030, the GMFI price is projected to reach $0.2179, with a cumulative ROI of +214.74%.
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Popular Golden Magfi conversions
Check out these popular currency conversions of Golden Magfi to several fiat currencies.
Golden Magfi to USD
1 GMFI to $ 0.06958 USD
Golden Magfi to GBP
1 GMFI to £ 0.05225 GBP
Golden Magfi to EUR
1 GMFI to € 0.06229 EUR
Golden Magfi to KRW
1 GMFI to ₩ 92.71 KRW
Golden Magfi to CAD
1 GMFI to $ 0.09451 CAD
Golden Magfi to AUD
1 GMFI to $ 0.1023 AUD
Golden Magfi to JPY
1 GMFI to ¥ 10.01 JPY
Golden Magfi to BRL
1 GMFI to R$ 0.3837 BRL
Golden Magfi to CNY
1 GMFI to ¥ 0.4909 CNY
Golden Magfi to TWD
1 GMFI to NT$ 2.23 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Golden Magfi.
Catizen to JMD
1 CATI to $ -- JMD
SwissCheese to JMD
1 SWCH to $ 103.64 JMD
Bitcoin to JMD
1 BTC to $ 9,934,649.79 JMD
Sui to JMD
1 SUI to $ 233.9 JMD
LayerZero to JMD
1 ZRO to $ 695.33 JMD
DOGS to JMD
1 DOGS to $ -- JMD
Baby Doge Coin to JMD
1 1MBABYDOGE to $ -- JMD
Solana to JMD
1 SOL to $ 23,173.14 JMD
Ethereum to JMD
1 ETH to $ 404,073.66 JMD
Bittensor to JMD
1 TAO to $ 72,801.53 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 Golden Magfi 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 Golden Magfi 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 Golden Magfi 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.
