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GateToken to Jamaican Dollar Converter and calculator

Convert 1GateToken (GT) to Jamaican Dollar (JMD) equals $ 1,283.45 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of GateToken(GT) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 GT at a value of 1 GT for 1,283.45 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 GateToken currency pair is the GT to JMD, with for GateToken's currency code being GT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

GT to JMD conversion rate trend

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In the past 1D, GateToken has changed +1.36% to JMD. Based on the trend and price charts, GateToken(GT) has changed +1.36% to JMD while Jamaican Dollar(JMD) has changed % to GT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$1,283.45
0.0001% / 0.0004%vip-iconVIP
Huobi
$1,268.33
0.1000% / 0.1000%
Yes
Gate.io
$1,279.73
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 14:00:19(UTC+0)

How to buy GateToken

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Buy GateToken (GT)
Use a variety of payment options to buy GateToken on Bitget. We'll show you how.

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

GateToken to Jamaican Dollar is rising this week.
GateToken's current market price is $ 1,283.45 per GT, with a total market cap of $ 119,671,218,765.91 JMD based on a circulating supply of 93,242,020 GT. The trading volume of GateToken has changed by -42.67% ($ -354,025,698.67 JMD) in the last 24 hours. Last trading day, GT's trading volume was $ 829,638,193.1.
Market cap
$769.52M
24h volume
$3.06M
Circulating supply
93.24M GT

Conversion tables

The exchange rate of GateToken is increasing.
1 GT is currently valued at $ 1,283.45 JMD , which means buying 5 GT will cost $ 6,417.24 JMD . Similarly, $1 JMD can be traded for 0.0007792 GT, and $50 JMD can be converted to 0.03896 GT, excluding any platform or gas fees.
The exchange rate of 1 GT to Jamaican Dollar has changed by +3.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.36%, reaching a high of 1,283.96 JMD and a low of 1,262.91 JMD . One month ago, the value of 1 GT was $ 1,218.45 JMD , which represents a +5.33% change from its current value. Over the last year, GateToken has changed by
+$
127.41JMD
, resulting in a change of +86.08% in its value.

GT to JMD

Amount
14:44 today
0.5 GT
$641.72
1 GT
$1,283.45
5 GT
$6,417.24
10 GT
$12,834.47
50 GT
$64,172.37
100 GT
$128,344.74
500 GT
$641,723.69
1000 GT
$1,283,447.38

JMD to GT

Amount14:44 today
0.5JMD0.0003896  GT
1JMD0.0007792  GT
5JMD0.003896  GT
10JMD0.007792  GT
50JMD0.03896  GT
100JMD0.07792  GT
500JMD0.3896  GT
1000JMD0.7792  GT
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Today vs. 24 hours ago

Amount14:44 today24 hours ago24h change
0.5 GT$4.13$4.07
+1.36%
1 GT$8.25$8.14
+1.36%
5 GT$41.26$40.71
+1.36%
10 GT$82.53$81.42
+1.36%
50 GT$412.65$407.1
+1.36%
100 GT$825.29$814.2
+1.36%
500 GT$4,126.45$4,071
+1.36%
1000 GT$8,252.91$8,142
+1.36%

Today vs. 1 month ago

Amount14:44 today1 month ago1M change
0.5 GT$4.13$3.92
+5.33%
1 GT$8.25$7.83
+5.33%
5 GT$41.26$39.17
+5.33%
10 GT$82.53$78.35
+5.33%
50 GT$412.65$391.75
+5.33%
100 GT$825.29$783.49
+5.33%
500 GT$4,126.45$3,917.47
+5.33%
1000 GT$8,252.91$7,834.95
+5.33%
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Today vs. 1 year ago

Amount14:44 today1 year ago1Y change
0.5 GT$4.13$2.22
+86.08%
1 GT$8.25$4.43
+86.08%
5 GT$41.26$22.17
+86.08%
10 GT$82.53$44.34
+86.08%
50 GT$412.65$221.68
+86.08%
100 GT$825.29$443.36
+86.08%
500 GT$4,126.45$2,216.82
+86.08%
1000 GT$8,252.91$4,433.63
+86.08%

GateToken price prediction

What will the price of GT be in 2025?

Based on GT's historical price performance prediction model, the price of GT is projected to reach $8.55 in 2025.

What will the price of GT be in 2030?

In 2030, the GT price is expected to rise by -13.00%. By the end of 2030, the GT price is projected to reach $11.78, with a cumulative ROI of +42.74%.
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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 GateToken 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 GateToken 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 GateToken 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.