MAG
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 Monsterra (MAG)(MAG) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MAG at a value of 1 MAG for 0.08 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 Monsterra (MAG) currency pair is the MAG to JMD, with for Monsterra (MAG)'s currency code being MAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MAG to JMD conversion rate trend
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In the past 1D, Monsterra (MAG) has changed +1.83% to JMD. Based on the trend and price charts, Monsterra (MAG)(MAG) has changed +1.83% to JMD while Jamaican Dollar(JMD) has changed % to MAG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.08122 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 16:35:07(UTC+0)
How to buy Monsterra (MAG)
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Monsterra (MAG) (MAG)
Use a variety of payment options to buy Monsterra (MAG) on Bitget. We'll show you how.
Buy MAG (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MAG with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MAG 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 MAG (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MAG to JMD. However, you can first exchange MAG 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 Monsterra (MAG) to Jamaican Dollar?
Monsterra (MAG) to Jamaican Dollar is rising this week.Monsterra (MAG)'s current market price is $ 0.08122 per MAG, with a total market cap of $ 0 JMD based on a circulating supply of -- MAG. The trading volume of Monsterra (MAG) has changed by -100.00% ($ -- JMD) in the last 24 hours. Last trading day, MAG's trading volume was $ --.
Market cap
$0
24h volume
$0
Circulating supply
0 MAG
Conversion tables
The exchange rate of Monsterra (MAG) is increasing.1 MAG is currently valued at $ 0.08122 JMD , which means buying 5 MAG will cost $ 0.4061 JMD . Similarly, $1 JMD can be traded for 12.31 MAG, and $50 JMD can be converted to 615.62 MAG, excluding any platform or gas fees.
The exchange rate of 1 MAG to Jamaican Dollar has changed by +14.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.83%, reaching a high of 0.08122 JMD and a low of 0.07976 JMD . One month ago, the value of 1 MAG was $ 0.06180 JMD , which represents a +31.42% change from its current value. Over the last year, Monsterra (MAG) has changed by , resulting in a change of -80.28% in its value.
-$
0.3305JMDMAG to JMD
Amount
22:12 today
0.5 MAG
$0.04061
1 MAG
$0.08122
5 MAG
$0.4061
10 MAG
$0.8122
50 MAG
$4.06
100 MAG
$8.12
500 MAG
$40.61
1000 MAG
$81.22
JMD to MAG
Amount22:12 today
0.5JMD6.16 MAG
1JMD12.31 MAG
5JMD61.56 MAG
10JMD123.12 MAG
50JMD615.62 MAG
100JMD1,231.25 MAG
500JMD6,156.24 MAG
1000JMD12,312.48 MAG
Today vs. 24 hours ago
| Amount | 22:12 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAG | $0.0002550 | $0.0002504 | +1.83% |
| 1 MAG | $0.0005099 | $0.0005008 | +1.83% |
| 5 MAG | $0.002550 | $0.002504 | +1.83% |
| 10 MAG | $0.005099 | $0.005008 | +1.83% |
| 50 MAG | $0.02550 | $0.02504 | +1.83% |
| 100 MAG | $0.05099 | $0.05008 | +1.83% |
| 500 MAG | $0.2550 | $0.2504 | +1.83% |
| 1000 MAG | $0.5099 | $0.5008 | +1.83% |
Today vs. 1 month ago
| Amount | 22:12 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAG | $0.0002550 | $0.0001940 | +31.42% |
| 1 MAG | $0.0005099 | $0.0003880 | +31.42% |
| 5 MAG | $0.002550 | $0.001940 | +31.42% |
| 10 MAG | $0.005099 | $0.003880 | +31.42% |
| 50 MAG | $0.02550 | $0.01940 | +31.42% |
| 100 MAG | $0.05099 | $0.03880 | +31.42% |
| 500 MAG | $0.2550 | $0.1940 | +31.42% |
| 1000 MAG | $0.5099 | $0.3880 | +31.42% |
Today vs. 1 year ago
| Amount | 22:12 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAG | $0.0002550 | $0.001293 | -80.28% |
| 1 MAG | $0.0005099 | $0.002585 | -80.28% |
| 5 MAG | $0.002550 | $0.01293 | -80.28% |
| 10 MAG | $0.005099 | $0.02585 | -80.28% |
| 50 MAG | $0.02550 | $0.1293 | -80.28% |
| 100 MAG | $0.05099 | $0.2585 | -80.28% |
| 500 MAG | $0.2550 | $1.29 | -80.28% |
| 1000 MAG | $0.5099 | $2.59 | -80.28% |
Monsterra (MAG) price prediction
What will the price of MAG be in 2025?
Based on MAG's historical price performance prediction model, the price of MAG is projected to reach $0.0008295 in 2025.
What will the price of MAG be in 2030?
In 2030, the MAG price is expected to change by +1.00%. By the end of 2030, the MAG price is projected to reach $0.001115, with a cumulative ROI of +118.62%.
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Popular Monsterra (MAG) conversions
Check out these popular currency conversions of Monsterra (MAG) to several fiat currencies.
Monsterra (MAG) to USD
1 MAG to $ 0.0005099 USD
Monsterra (MAG) to GBP
1 MAG to £ 0.0004048 GBP
Monsterra (MAG) to EUR
1 MAG to € 0.0004866 EUR
Monsterra (MAG) to KRW
1 MAG to ₩ 0.7162 KRW
Monsterra (MAG) to CAD
1 MAG to $ 0.0007115 CAD
Monsterra (MAG) to AUD
1 MAG to $ 0.0007801 AUD
Monsterra (MAG) to JPY
1 MAG to ¥ 0.07865 JPY
Monsterra (MAG) to BRL
1 MAG to R$ 0.002958 BRL
Monsterra (MAG) to CNY
1 MAG to ¥ 0.003708 CNY
Monsterra (MAG) to TWD
1 MAG to NT$ 0.01661 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Monsterra (MAG).
Bitcoin to JMD
1 BTC to $ 15,484,757.44 JMD
MAD to JMD
1 MAD to $ 0.005744 JMD
XRP to JMD
1 XRP to $ 229.32 JMD
Stellar to JMD
1 XLM to $ 91.14 JMD
Kusama to JMD
1 KSM to $ 6,537.97 JMD
Dogecoin to JMD
1 DOGE to $ 68.02 JMD
Hedera to JMD
1 HBAR to $ 23.67 JMD
Cardano to JMD
1 ADA to $ 162.89 JMD
Polkadot to JMD
1 DOT to $ 1,423.11 JMD
Solana to JMD
1 SOL to $ 40,041.79 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 Monsterra (MAG) 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 Monsterra (MAG) 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 Monsterra (MAG) 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.
