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MiL.k (MLK) to Jamaican Dollar (JMD)

MiL.k to Jamaican Dollar Converter and calculator

Convert 1MiL.k (MLK) to Jamaican Dollar (JMD) equals $ 48.48 | Bitget

MLK

JMD

Last updated 2023/09/01 02:23:05 (UTC+0)Refresh refresh

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Bitget converter offers real-time exchange rates, allowing for easy conversion of MiL.k(MLK) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MLK at a value of 1 MLK for 48.48 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 MiL.k currency pair is the MLK to JMD, with for MiL.k's currency code being MLK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

MLK to JMD conversion rate trend

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In the past 1D, MiL.k has changed +3.34% to JMD. Based on the trend and price charts, MiL.k(MLK) has changed +3.34% to JMD while Jamaican Dollar(JMD) has changed % to MLK in the last 24 hours.

Conversion rate comparison of various exchanges

Exchange	Price	Maker / Taker Fee	Tradable
BitgetBest	$48.48	0.0001% / 0.0004%VIP	Trade in Bitget Wallet
Huobi	$48.44	0.1000% / 0.1000%	Yes
Gate.io	$48.63	0.1000% / 0.1000%	Yes
Bybit	$48.35	0.1000% / 0.1000%	Yes
KuCoin	$48.42	0.1000% / 0.1000%	Yes

Last updated 2024/06/02 15:00:26(UTC+0)

How to buy MiL.k

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Use a variety of payment options to buy MiL.k on Bitget. We'll show you how.

What factors influence the conversion rate of MiL.k to Jamaican Dollar?

MiL.k to Jamaican Dollar is rising this week.

MiL.k's current market price is $ 48.48 per MLK, with a total market cap of $ 17,469,697,317.34 JMD based on a circulating supply of 360,340,450 MLK. The trading volume of MiL.k has changed by +296.60% ($ 799,169,266.27 JMD) in the last 24 hours. Last trading day, MLK's trading volume was $ 269,441,630.96.

Market cap

$112.33M

24h volume

$6.87M

Circulating supply

360.34M MLK

Buy MLK now See all metrics

Conversion tables

The exchange rate of MiL.k is decreasing.

1 MLK is currently valued at $ 48.48 JMD , which means buying 5 MLK will cost $ 242.41 JMD . Similarly, $1 JMD can be traded for 0.02063 MLK, and $50 JMD can be converted to 1.03 MLK, excluding any platform or gas fees.

The exchange rate of 1 MLK to Jamaican Dollar has changed by +0.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.34%, reaching a high of 49.31 JMD and a low of 46.39 JMD . One month ago, the value of 1 MLK was $ 49.96 JMD , which represents a -2.97% change from its current value. Over the last year, MiL.k has changed by

3.33JMD

, resulting in a change of -6.43% in its value.

MLK to JMD

Amount

15:59 today

0.5 MLK

$24.24

1 MLK

$48.48

5 MLK

$242.41

10 MLK

$484.81

50 MLK

$2,424.05

100 MLK

$4,848.11

500 MLK

$24,240.54

1000 MLK

$48,481.09

JMD to MLK

Amount15:59 today

0.5JMD0.01031 MLK

1JMD0.02063 MLK

5JMD0.1031 MLK

10JMD0.2063 MLK

50JMD1.03 MLK

100JMD2.06 MLK

500JMD10.31 MLK

1000JMD20.63 MLK

Today vs. 24 hours ago

Amount	15:59 today	24 hours ago	24h change
0.5 MLK	$0.1559	$0.1508	+3.34%
1 MLK	$0.3117	$0.3017	+3.34%
5 MLK	$1.56	$1.51	+3.34%
10 MLK	$3.12	$3.02	+3.34%
50 MLK	$15.59	$15.08	+3.34%
100 MLK	$31.17	$30.17	+3.34%
500 MLK	$155.87	$150.84	+3.34%
1000 MLK	$311.75	$301.69	+3.34%

Today vs. 1 month ago

Amount	15:59 today	1 month ago	1M change
0.5 MLK	$0.1559	$0.1606	-2.97%
1 MLK	$0.3117	$0.3213	-2.97%
5 MLK	$1.56	$1.61	-2.97%
10 MLK	$3.12	$3.21	-2.97%
50 MLK	$15.59	$16.06	-2.97%
100 MLK	$31.17	$32.13	-2.97%
500 MLK	$155.87	$160.64	-2.97%
1000 MLK	$311.75	$321.27	-2.97%

Today vs. 1 year ago

Amount	15:59 today	1 year ago	1Y change
0.5 MLK	$0.1559	$0.1666	-6.43%
1 MLK	$0.3117	$0.3331	-6.43%
5 MLK	$1.56	$1.67	-6.43%
10 MLK	$3.12	$3.33	-6.43%
50 MLK	$15.59	$16.66	-6.43%
100 MLK	$31.17	$33.31	-6.43%
500 MLK	$155.87	$166.56	-6.43%
1000 MLK	$311.75	$333.13	-6.43%

MiL.k price prediction

What will the price of MLK be in 2025?

Based on MLK's historical price performance prediction model, the price of MLK is projected to reach $0.4600 in 2025.

What will the price of MLK be in 2030?

In 2030, the MLK price is expected to rise by 0.00%. By the end of 2030, the MLK price is projected to reach $0.4863, with a cumulative ROI of +56.00%.

Buy MLK now MiL.k price prediction

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Popular MiL.k conversions

Check out these popular currency conversions of MiL.k to several fiat currencies.

MiL.k to USD

1 MLK to $ 0.3117 USD

MiL.k to GBP

1 MLK to £ 0.2448 GBP

MiL.k to EUR

1 MLK to € 0.2871 EUR

MiL.k to KRW

1 MLK to ₩ 431.17 KRW

MiL.k to CAD

1 MLK to $ 0.4256 CAD

MiL.k to AUD

1 MLK to $ 0.4679 AUD

1 MLK to NT$ 10.13 TWD

Popular cryptocurrencies to JMD

Explore other cryptocurrencies based on your interest in MiL.k.

Notcoin to JMD

1 NOT to $ 3.37 JMD

DOG•GO•TO•THE•MOON to JMD

1 DOG to $ 1.21 JMD

GameStop to JMD

1 GSTOP to $ -- JMD

cat in a dogs world to JMD

1 MEW to $ 0.7254 JMD

Brett to JMD

1 BRETT to $ -- JMD

Pepe to JMD

1 PEPE to $ 0.002303 JMD

Ondo to JMD

1 ONDO to $ 210.4 JMD

JasmyCoin to JMD

1 JASMY to $ 5.58 JMD

Bitcoin to JMD

1 BTC to $ 10,583,457.46 JMD

Toncoin to JMD

1 TON to $ 1,007.58 JMD

Discover more cryptocurrencies

Here are the top 20 cryptocurrencies by market cap.

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 MiL.k 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 MiL.k 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 MiL.k 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.

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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.