SAND
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 The Sandbox(SAND) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 SAND at a value of 1 SAND for 69.54 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 The Sandbox currency pair is the SAND to JMD, with for The Sandbox's currency code being SAND. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
SAND to JMD conversion rate trend
1D7D1M3M1YAll
In the past 1D, The Sandbox has changed +3.48% to JMD. Based on the trend and price charts, The Sandbox(SAND) has changed +3.48% to JMD while Jamaican Dollar(JMD) has changed % to SAND in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $70.12 | 0.0001% / 0.0004%  VIP | |
Binance | $69.86 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | $69.83 | 0.1000% / 0.1000% | Yes |
OKX | $69.84 | 0.080% / 0.100% | Yes |
Huobi | $69.86 | 0.1000% / 0.1000% | Yes |
Gate.io | $69.83 | 0.1000% / 0.1000% | Yes |
Bybit | $69.79 | 0.1000% / 0.1000% | Yes |
KuCoin | $69.62 | 0.1000% / 0.1000% | Yes |
Bitfinex | $69.79 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 17:00:18(UTC+0)
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Learn MoreWhat factors influence the conversion rate of The Sandbox to Jamaican Dollar?
The Sandbox to Jamaican Dollar is rising this week.The Sandbox's current market price is $ 69.54 per SAND, with a total market cap of $ 157,562,618,700.35 JMD based on a circulating supply of 2,265,731,800 SAND. The trading volume of The Sandbox has changed by +49.37% ($ 4,224,515,277.03 JMD) in the last 24 hours. Last trading day, SAND's trading volume was $ 8,556,569,519.78.
Market cap
$1.01B
24h volume
$82.19M
Circulating supply
2.27B SAND
Conversion tables
The exchange rate of The Sandbox is decreasing.1 SAND is currently valued at $ 69.54 JMD , which means buying 5 SAND will cost $ 347.71 JMD . Similarly, $1 JMD can be traded for 0.01438 SAND, and $50 JMD can be converted to 0.7190 SAND, excluding any platform or gas fees.
The exchange rate of 1 SAND to Jamaican Dollar has changed by +0.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.48%, reaching a high of 70.22 JMD and a low of 67.16 JMD . One month ago, the value of 1 SAND was $ 69.9 JMD , which represents a -0.51% change from its current value. Over the last year, The Sandbox has changed by , resulting in a change of -21.56% in its value.
-$
19.12JMDSAND to JMD
Amount
17:13 today
0.5 SAND
$34.77
1 SAND
$69.54
5 SAND
$347.71
10 SAND
$695.42
50 SAND
$3,477.08
100 SAND
$6,954.16
500 SAND
$34,770.8
1000 SAND
$69,541.6
JMD to SAND
Amount17:13 today
0.5JMD0.007190 SAND
1JMD0.01438 SAND
5JMD0.07190 SAND
10JMD0.1438 SAND
50JMD0.7190 SAND
100JMD1.44 SAND
500JMD7.19 SAND
1000JMD14.38 SAND
Today vs. 24 hours ago
| Amount | 17:13 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SAND | $0.2236 | $0.2161 | +3.48% |
| 1 SAND | $0.4472 | $0.4321 | +3.48% |
| 5 SAND | $2.24 | $2.16 | +3.48% |
| 10 SAND | $4.47 | $4.32 | +3.48% |
| 50 SAND | $22.36 | $21.61 | +3.48% |
| 100 SAND | $44.72 | $43.21 | +3.48% |
| 500 SAND | $223.59 | $216.07 | +3.48% |
| 1000 SAND | $447.17 | $432.15 | +3.48% |
Today vs. 1 month ago
| Amount | 17:13 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SAND | $0.2236 | $0.2247 | -0.51% |
| 1 SAND | $0.4472 | $0.4495 | -0.51% |
| 5 SAND | $2.24 | $2.25 | -0.51% |
| 10 SAND | $4.47 | $4.49 | -0.51% |
| 50 SAND | $22.36 | $22.47 | -0.51% |
| 100 SAND | $44.72 | $44.95 | -0.51% |
| 500 SAND | $223.59 | $224.73 | -0.51% |
| 1000 SAND | $447.17 | $449.46 | -0.51% |
Today vs. 1 year ago
| Amount | 17:13 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SAND | $0.2236 | $0.2851 | -21.56% |
| 1 SAND | $0.4472 | $0.5701 | -21.56% |
| 5 SAND | $2.24 | $2.85 | -21.56% |
| 10 SAND | $4.47 | $5.7 | -21.56% |
| 50 SAND | $22.36 | $28.51 | -21.56% |
| 100 SAND | $44.72 | $57.01 | -21.56% |
| 500 SAND | $223.59 | $285.06 | -21.56% |
| 1000 SAND | $447.17 | $570.12 | -21.56% |
The Sandbox price prediction
What will the price of SAND be in 2025?
Based on SAND's historical price performance prediction model, the price of SAND is projected to reach $0.5369 in 2025.
What will the price of SAND be in 2030?
In 2030, the SAND price is expected to rise by +3.00%. By the end of 2030, the SAND price is projected to reach $1.01, with a cumulative ROI of +126.18%.
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Popular The Sandbox conversions
Check out these popular currency conversions of The Sandbox to several fiat currencies.
The Sandbox to USD
1 SAND to $ 0.4472 USD
The Sandbox to GBP
1 SAND to £ 0.3511 GBP
The Sandbox to EUR
1 SAND to € 0.4119 EUR
The Sandbox to KRW
1 SAND to ₩ 618.48 KRW
The Sandbox to CAD
1 SAND to $ 0.6105 CAD
The Sandbox to AUD
1 SAND to $ 0.6712 AUD
The Sandbox to JPY
1 SAND to ¥ 70.32 JPY
The Sandbox to BRL
1 SAND to R$ 2.35 BRL
The Sandbox to CNY
1 SAND to ¥ 3.24 CNY
The Sandbox to TWD
1 SAND to NT$ 14.52 TWD
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1 ONDO to $ 211.09 JMD
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1 JASMY to $ 6.19 JMD
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1 BTC to $ 10,571,006.96 JMD
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1 TON to $ 1,021.46 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 The Sandbox 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 The Sandbox 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 The Sandbox 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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