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Orchid to Jamaican Dollar Converter and calculator

Convert 1Orchid (OXT) to Jamaican Dollar (JMD) equals $ 17.71 | Bitget
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Last updated 2024/12/30 16:10:18 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Orchid(OXT) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 OXT at a value of 1 OXT for 17.71 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Orchid currency pair is the OXT to JMD, with for Orchid's currency code being OXT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

OXT to JMD conversion rate trend

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Live Orchid (OXT) price chart
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In the past 1D, Orchid has changed -7.41% to JMD. Based on the trend and price charts, Orchid(OXT) has changed -7.41% to JMD while Jamaican Dollar(JMD) has changed +8.00% to OXT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$18.73
0.0200% / 0.0320%vip-iconVIP 7
Binance
$18.71
0.1000% / 0.1000%
Yes
OKX
$18.73
0.080% / 0.100%
Yes
Huobi
$18.7
0.1000% / 0.1000%
Yes
Gate.io
$18.7
0.1000% / 0.1000%
Yes
KuCoin
$18.72
0.1000% / 0.1000%
Yes
Last updated 2024/12/30 08:00:15(UTC+0)

How to buy Orchid

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Orchid (OXT)
Use a variety of payment options to buy Orchid on Bitget. We'll show you how.

Buy OXT (or USDT) for JMD (Jamaican Dollar) offers

Bitget P2P trading does not currently support direct buying of OXT with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy OXT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell OXT (or USDT) for JMD (Jamaican Dollar) offers

Bitget P2P trading currently does not support direct selling of OXT to JMD. However, you can first exchange OXT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Orchid to Jamaican Dollar?

Orchid to Jamaican Dollar is rising this week.
Orchid's current market price is $ 17.71 per OXT, with a total market cap of $ 17,351,837,059.17 JMD based on a circulating supply of 979,779,140 OXT. The trading volume of Orchid has changed by -33.64% ($ -558,836,074.39 JMD) in the last 24 hours. Last trading day, OXT's trading volume was $ 1,661,303,969.24.
Market cap
$111.55M
24h volume
$7.09M
Circulating supply
979.78M OXT

Conversion tables

The exchange rate of Orchid is decreasing.
1 OXT is currently valued at $ 17.71 JMD , which means buying 5 OXT will cost $ 88.55 JMD . Similarly, $1 JMD can be traded for 0.05647 OXT, and $50 JMD can be converted to 2.82 OXT, excluding any platform or gas fees.
The exchange rate of 1 OXT to Jamaican Dollar has changed by +5.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.41%, reaching a high of 19.15 JMD and a low of 17.61 JMD . One month ago, the value of 1 OXT was $ 18.72 JMD , which represents a -5.41% change from its current value. Over the last year, Orchid has changed by
+$
0.8605JMD
, resulting in a change of +5.14% in its value.

OXT to JMD

Amount
16:10 today
0.5 OXT
$8.85
1 OXT
$17.71
5 OXT
$88.55
10 OXT
$177.1
50 OXT
$885.5
100 OXT
$1,770.99
500 OXT
$8,854.97
1000 OXT
$17,709.95

JMD to OXT

Amount16:10 today
0.5JMD0.02823  OXT
1JMD0.05647  OXT
5JMD0.2823  OXT
10JMD0.5647  OXT
50JMD2.82  OXT
100JMD5.65  OXT
500JMD28.23  OXT
1000JMD56.47  OXT

Today vs. 24 hours ago

Amount16:10 today24 hours ago24h change
0.5 OXT$0.05692$0.06146
-7.41%
1 OXT$0.1138$0.1229
-7.41%
5 OXT$0.5692$0.6146
-7.41%
10 OXT$1.14$1.23
-7.41%
50 OXT$5.69$6.15
-7.41%
100 OXT$11.38$12.29
-7.41%
500 OXT$56.92$61.46
-7.41%
1000 OXT$113.85$122.92
-7.41%

Today vs. 1 month ago

Amount16:10 today1 month ago1M change
0.5 OXT$0.05692$0.06017
-5.41%
1 OXT$0.1138$0.1203
-5.41%
5 OXT$0.5692$0.6017
-5.41%
10 OXT$1.14$1.2
-5.41%
50 OXT$5.69$6.02
-5.41%
100 OXT$11.38$12.03
-5.41%
500 OXT$56.92$60.17
-5.41%
1000 OXT$113.85$120.33
-5.41%

Today vs. 1 year ago

Amount16:10 today1 year ago1Y change
0.5 OXT$0.05692$0.05416
+5.14%
1 OXT$0.1138$0.1083
+5.14%
5 OXT$0.5692$0.5416
+5.14%
10 OXT$1.14$1.08
+5.14%
50 OXT$5.69$5.42
+5.14%
100 OXT$11.38$10.83
+5.14%
500 OXT$56.92$54.16
+5.14%
1000 OXT$113.85$108.32
+5.14%

Orchid price prediction

What will the price of OXT be in 2025?

Based on OXT's historical price performance prediction model, the price of OXT is projected to reach $0.1770 in 2025.

What will the price of OXT be in 2030?

In 2030, the OXT price is expected to change by +8.00%. By the end of 2030, the OXT price is projected to reach $0.2947, with a cumulative ROI of +142.28%.

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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.