SPELL
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 Spell Token(SPELL) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 SPELL at a value of 1 SPELL for 0.17 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 Spell Token currency pair is the SPELL to JMD, with for Spell Token's currency code being SPELL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
SPELL to JMD conversion rate trend
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In the past 1D, Spell Token has changed -5.69% to JMD. Based on the trend and price charts, Spell Token(SPELL) has changed -5.69% to JMD while Jamaican Dollar(JMD) has changed % to SPELL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.1682 | 0.0001% / 0.0004%  VIP | |
Binance | $0.1682 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | $0.06931 | 0.1000% / 0.1000% | Yes |
OKX | $0.1683 | 0.080% / 0.100% | Yes |
Huobi | $0.1683 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.1681 | 0.1000% / 0.1000% | Yes |
Bybit | $0.1681 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 14:00:21(UTC+0)
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Learn MoreWhat factors influence the conversion rate of Spell Token to Jamaican Dollar?
Spell Token to Jamaican Dollar is rising this week.Spell Token's current market price is $ 0.1678 per SPELL, with a total market cap of $ 18,026,082,192.38 JMD based on a circulating supply of 107,405,630,000 SPELL. The trading volume of Spell Token has changed by +64.25% ($ 7,304,830,871.18 JMD) in the last 24 hours. Last trading day, SPELL's trading volume was $ 11,368,891,116.31.
Market cap
$115.91M
24h volume
$120.08M
Circulating supply
107.41B SPELL
Conversion tables
The exchange rate of Spell Token is increasing.1 SPELL is currently valued at $ 0.1678 JMD , which means buying 5 SPELL will cost $ 0.8392 JMD . Similarly, $1 JMD can be traded for 5.96 SPELL, and $50 JMD can be converted to 297.92 SPELL, excluding any platform or gas fees.
The exchange rate of 1 SPELL to Jamaican Dollar has changed by +23.42% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.69%, reaching a high of 0.1947 JMD and a low of 0.1661 JMD . One month ago, the value of 1 SPELL was $ 0.1320 JMD , which represents a +27.04% change from its current value. Over the last year, Spell Token has changed by , resulting in a change of +86.48% in its value.
+$
0.07805JMDSPELL to JMD
Amount
14:36 today
0.5 SPELL
$0.08392
1 SPELL
$0.1678
5 SPELL
$0.8392
10 SPELL
$1.68
50 SPELL
$8.39
100 SPELL
$16.78
500 SPELL
$83.92
1000 SPELL
$167.83
JMD to SPELL
Amount14:36 today
0.5JMD2.98 SPELL
1JMD5.96 SPELL
5JMD29.79 SPELL
10JMD59.58 SPELL
50JMD297.92 SPELL
100JMD595.83 SPELL
500JMD2,979.17 SPELL
1000JMD5,958.35 SPELL
Today vs. 24 hours ago
| Amount | 14:36 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SPELL | $0.0005396 | $0.0005723 | -5.69% |
| 1 SPELL | $0.001079 | $0.001145 | -5.69% |
| 5 SPELL | $0.005396 | $0.005723 | -5.69% |
| 10 SPELL | $0.01079 | $0.01145 | -5.69% |
| 50 SPELL | $0.05396 | $0.05723 | -5.69% |
| 100 SPELL | $0.1079 | $0.1145 | -5.69% |
| 500 SPELL | $0.5396 | $0.5723 | -5.69% |
| 1000 SPELL | $1.08 | $1.14 | -5.69% |
Today vs. 1 month ago
| Amount | 14:36 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SPELL | $0.0005396 | $0.0004244 | +27.04% |
| 1 SPELL | $0.001079 | $0.0008488 | +27.04% |
| 5 SPELL | $0.005396 | $0.004244 | +27.04% |
| 10 SPELL | $0.01079 | $0.008488 | +27.04% |
| 50 SPELL | $0.05396 | $0.04244 | +27.04% |
| 100 SPELL | $0.1079 | $0.08488 | +27.04% |
| 500 SPELL | $0.5396 | $0.4244 | +27.04% |
| 1000 SPELL | $1.08 | $0.8488 | +27.04% |
Today vs. 1 year ago
| Amount | 14:36 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SPELL | $0.0005396 | $0.0002887 | +86.48% |
| 1 SPELL | $0.001079 | $0.0005773 | +86.48% |
| 5 SPELL | $0.005396 | $0.002887 | +86.48% |
| 10 SPELL | $0.01079 | $0.005773 | +86.48% |
| 50 SPELL | $0.05396 | $0.02887 | +86.48% |
| 100 SPELL | $0.1079 | $0.05773 | +86.48% |
| 500 SPELL | $0.5396 | $0.2887 | +86.48% |
| 1000 SPELL | $1.08 | $0.5773 | +86.48% |
Spell Token price prediction
What will the price of SPELL be in 2025?
Based on SPELL's historical price performance prediction model, the price of SPELL is projected to reach $0.001188 in 2025.
What will the price of SPELL be in 2030?
In 2030, the SPELL price is expected to rise by -10.00%. By the end of 2030, the SPELL price is projected to reach $0.001540, with a cumulative ROI of +42.69%.
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Popular Spell Token conversions
Check out these popular currency conversions of Spell Token to several fiat currencies.
Spell Token to USD
1 SPELL to $ 0.001079 USD
Spell Token to GBP
1 SPELL to £ 0.0008473 GBP
Spell Token to EUR
1 SPELL to € 0.0009941 EUR
Spell Token to KRW
1 SPELL to ₩ 1.49 KRW
Spell Token to CAD
1 SPELL to $ 0.001473 CAD
Spell Token to AUD
1 SPELL to $ 0.001620 AUD
Spell Token to JPY
1 SPELL to ¥ 0.1697 JPY
Spell Token to BRL
1 SPELL to R$ 0.005662 BRL
Spell Token to CNY
1 SPELL to ¥ 0.007828 CNY
Spell Token to TWD
1 SPELL to NT$ 0.03505 TWD
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1 BRETT to $ -- JMD
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1 PEPE to $ 0.002317 JMD
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1 ONDO to $ 210.9 JMD
JasmyCoin to JMD
1 JASMY to $ 5.39 JMD
Bitcoin to JMD
1 BTC to $ 10,622,105.95 JMD
Toncoin to JMD
1 TON to $ 1,007.43 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 Spell Token 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 Spell Token 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 Spell Token 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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