ELA
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 Elastos(ELA) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 ELA at a value of 1 ELA for 408.07 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 Elastos currency pair is the ELA to JMD, with for Elastos's currency code being ELA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
ELA to JMD conversion rate trend
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In the past 1D, Elastos has changed +2.47% to JMD. Based on the trend and price charts, Elastos(ELA) has changed +2.47% to JMD while Jamaican Dollar(JMD) has changed % to ELA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $409.38 | 0.0001% / 0.0004%  VIP | |
Coinbase Exchange | $197.5 | 0.1000% / 0.1000% | Yes |
Huobi | $403.96 | 0.1000% / 0.1000% | Yes |
Gate.io | $409.31 | 0.1000% / 0.1000% | Yes |
KuCoin | $408.07 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 15:00:26(UTC+0)
How to buy Elastos
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Learn MoreWhat factors influence the conversion rate of Elastos to Jamaican Dollar?
Elastos to Jamaican Dollar is falling this week.Elastos's current market price is $ 408.07 per ELA, with a total market cap of $ 9,018,327,510.3 JMD based on a circulating supply of 22,099,762 ELA. The trading volume of Elastos has changed by -26.01% ($ -23,970,655.67 JMD) in the last 24 hours. Last trading day, ELA's trading volume was $ 92,160,800.89.
Market cap
$57.99M
24h volume
$438.48K
Circulating supply
22.10M ELA
Conversion tables
The exchange rate of Elastos is decreasing.1 ELA is currently valued at $ 408.07 JMD , which means buying 5 ELA will cost $ 2,040.37 JMD . Similarly, $1 JMD can be traded for 0.002451 ELA, and $50 JMD can be converted to 0.1225 ELA, excluding any platform or gas fees.
The exchange rate of 1 ELA to Jamaican Dollar has changed by -6.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.47%, reaching a high of 408.41 JMD and a low of 397.16 JMD . One month ago, the value of 1 ELA was $ 495.84 JMD , which represents a -17.71% change from its current value. Over the last year, Elastos has changed by , resulting in a change of +65.07% in its value.
+$
5.2JMDELA to JMD
Amount
15:57 today
0.5 ELA
$204.04
1 ELA
$408.07
5 ELA
$2,040.37
10 ELA
$4,080.74
50 ELA
$20,403.68
100 ELA
$40,807.35
500 ELA
$204,036.76
1000 ELA
$408,073.51
JMD to ELA
Amount15:57 today
0.5JMD0.001225 ELA
1JMD0.002451 ELA
5JMD0.01225 ELA
10JMD0.02451 ELA
50JMD0.1225 ELA
100JMD0.2451 ELA
500JMD1.23 ELA
1000JMD2.45 ELA
Today vs. 24 hours ago
| Amount | 15:57 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ELA | $1.31 | $1.28 | +2.47% |
| 1 ELA | $2.62 | $2.56 | +2.47% |
| 5 ELA | $13.12 | $12.8 | +2.47% |
| 10 ELA | $26.24 | $25.61 | +2.47% |
| 50 ELA | $131.2 | $128.04 | +2.47% |
| 100 ELA | $262.4 | $256.08 | +2.47% |
| 500 ELA | $1,312.01 | $1,280.4 | +2.47% |
| 1000 ELA | $2,624.02 | $2,560.79 | +2.47% |
Today vs. 1 month ago
| Amount | 15:57 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ELA | $1.31 | $1.59 | -17.71% |
| 1 ELA | $2.62 | $3.19 | -17.71% |
| 5 ELA | $13.12 | $15.94 | -17.71% |
| 10 ELA | $26.24 | $31.88 | -17.71% |
| 50 ELA | $131.2 | $159.42 | -17.71% |
| 100 ELA | $262.4 | $318.84 | -17.71% |
| 500 ELA | $1,312.01 | $1,594.2 | -17.71% |
| 1000 ELA | $2,624.02 | $3,188.4 | -17.71% |
Today vs. 1 year ago
| Amount | 15:57 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ELA | $1.31 | $0.7953 | +65.07% |
| 1 ELA | $2.62 | $1.59 | +65.07% |
| 5 ELA | $13.12 | $7.95 | +65.07% |
| 10 ELA | $26.24 | $15.91 | +65.07% |
| 50 ELA | $131.2 | $79.53 | +65.07% |
| 100 ELA | $262.4 | $159.06 | +65.07% |
| 500 ELA | $1,312.01 | $795.29 | +65.07% |
| 1000 ELA | $2,624.02 | $1,590.57 | +65.07% |
Elastos price prediction
What will the price of ELA be in 2025?
Based on ELA's historical price performance prediction model, the price of ELA is projected to reach $3.62 in 2025.
What will the price of ELA be in 2030?
In 2030, the ELA price is expected to rise by -12.00%. By the end of 2030, the ELA price is projected to reach $4.93, with a cumulative ROI of +87.89%.
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Popular Elastos conversions
Check out these popular currency conversions of Elastos to several fiat currencies.
Elastos to USD
1 ELA to $ 2.62 USD
Elastos to GBP
1 ELA to £ 2.06 GBP
Elastos to EUR
1 ELA to € 2.42 EUR
Elastos to KRW
1 ELA to ₩ 3,629.26 KRW
Elastos to CAD
1 ELA to $ 3.58 CAD
Elastos to AUD
1 ELA to $ 3.94 AUD
Elastos to JPY
1 ELA to ¥ 412.63 JPY
Elastos to BRL
1 ELA to R$ 13.77 BRL
Elastos to CNY
1 ELA to ¥ 19.04 CNY
Elastos to TWD
1 ELA to NT$ 85.23 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Elastos.
Notcoin to JMD
1 NOT to $ 3.37 JMD
DOG•GO•TO•THE•MOON to JMD
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cat in a dogs world to JMD
1 MEW to $ 0.7254 JMD
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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
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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 Elastos 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 Elastos 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 Elastos 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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