BAX
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 BABB(BAX) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 BAX at a value of 1 BAX for 0.02 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 BABB currency pair is the BAX to JMD, with for BABB's currency code being BAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
BAX to JMD conversion rate trend
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In the past 1D, BABB has changed -1.49% to JMD. Based on the trend and price charts, BABB(BAX) has changed -1.49% to JMD while Jamaican Dollar(JMD) has changed % to BAX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.01607 | 0.0200% / 0.0320%  VIP 7 | |
KuCoin | $0.01617 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 16:00:15(UTC+0)
How to buy BABB
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Buy BABB (BAX)
Use a variety of payment options to buy BABB on Bitget. We'll show you how.
Buy BAX (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of BAX with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy BAX with USDT via Bitget spot market.
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Sell BAX (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of BAX to JMD. However, you can first exchange BAX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of BABB to Jamaican Dollar?
BABB to Jamaican Dollar is falling this week.BABB's current market price is $ 0.01624 per BAX, with a total market cap of $ 1,227,262,290.49 JMD based on a circulating supply of 75,549,980,000 BAX. The trading volume of BABB has changed by -34.37% ($ -10,104,239.54 JMD) in the last 24 hours. Last trading day, BAX's trading volume was $ 29,399,967.23.
Market cap
$7.88M
24h volume
$123.82K
Circulating supply
75.55B BAX
Conversion tables
The exchange rate of BABB is increasing.1 BAX is currently valued at $ 0.01624 JMD , which means buying 5 BAX will cost $ 0.08122 JMD . Similarly, $1 JMD can be traded for 61.56 BAX, and $50 JMD can be converted to 3,077.99 BAX, excluding any platform or gas fees.
The exchange rate of 1 BAX to Jamaican Dollar has changed by -5.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.49%, reaching a high of 0.01767 JMD and a low of 0.01546 JMD . One month ago, the value of 1 BAX was $ 0.01397 JMD , which represents a +16.30% change from its current value. Over the last year, BABB has changed by , resulting in a change of -30.99% in its value.
-$
0.007292JMDBAX to JMD
Amount
17:09 today
0.5 BAX
$0.008122
1 BAX
$0.01624
5 BAX
$0.08122
10 BAX
$0.1624
50 BAX
$0.8122
100 BAX
$1.62
500 BAX
$8.12
1000 BAX
$16.24
JMD to BAX
Amount17:09 today
0.5JMD30.78 BAX
1JMD61.56 BAX
5JMD307.8 BAX
10JMD615.6 BAX
50JMD3,077.99 BAX
100JMD6,155.98 BAX
500JMD30,779.88 BAX
1000JMD61,559.77 BAX
Today vs. 24 hours ago
| Amount | 17:09 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAX | $0.{4}5212 | $0.{4}5291 | -1.49% |
| 1 BAX | $0.0001042 | $0.0001058 | -1.49% |
| 5 BAX | $0.0005212 | $0.0005291 | -1.49% |
| 10 BAX | $0.001042 | $0.001058 | -1.49% |
| 50 BAX | $0.005212 | $0.005291 | -1.49% |
| 100 BAX | $0.01042 | $0.01058 | -1.49% |
| 500 BAX | $0.05212 | $0.05291 | -1.49% |
| 1000 BAX | $0.1042 | $0.1058 | -1.49% |
Today vs. 1 month ago
| Amount | 17:09 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAX | $0.{4}5212 | $0.{4}4482 | +16.30% |
| 1 BAX | $0.0001042 | $0.{4}8964 | +16.30% |
| 5 BAX | $0.0005212 | $0.0004482 | +16.30% |
| 10 BAX | $0.001042 | $0.0008964 | +16.30% |
| 50 BAX | $0.005212 | $0.004482 | +16.30% |
| 100 BAX | $0.01042 | $0.008964 | +16.30% |
| 500 BAX | $0.05212 | $0.04482 | +16.30% |
| 1000 BAX | $0.1042 | $0.08964 | +16.30% |
Today vs. 1 year ago
| Amount | 17:09 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAX | $0.{4}5212 | $0.{4}7552 | -30.99% |
| 1 BAX | $0.0001042 | $0.0001510 | -30.99% |
| 5 BAX | $0.0005212 | $0.0007552 | -30.99% |
| 10 BAX | $0.001042 | $0.001510 | -30.99% |
| 50 BAX | $0.005212 | $0.007552 | -30.99% |
| 100 BAX | $0.01042 | $0.01510 | -30.99% |
| 500 BAX | $0.05212 | $0.07552 | -30.99% |
| 1000 BAX | $0.1042 | $0.1510 | -30.99% |
BABB price prediction
What will the price of BAX be in 2025?
Based on BAX's historical price performance prediction model, the price of BAX is projected to reach $0.0001753 in 2025.
What will the price of BAX be in 2030?
In 2030, the BAX price is expected to change by +4.00%. By the end of 2030, the BAX price is projected to reach $0.0002273, with a cumulative ROI of +115.41%.
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Popular BABB conversions
Check out these popular currency conversions of BABB to several fiat currencies.
BABB to USD
1 BAX to $ 0.0001042 USD
BABB to GBP
1 BAX to £ 0.{4}8294 GBP
BABB to EUR
1 BAX to € 0.{4}9994 EUR
BABB to KRW
1 BAX to ₩ 0.1508 KRW
BABB to CAD
1 BAX to $ 0.0001497 CAD
BABB to AUD
1 BAX to $ 0.0001668 AUD
BABB to JPY
1 BAX to ¥ 0.01631 JPY
BABB to BRL
1 BAX to R$ 0.0006344 BRL
BABB to CNY
1 BAX to ¥ 0.0007607 CNY
BABB to TWD
1 BAX to NT$ 0.003401 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in BABB.
Hive to JMD
1 HIVE to $ 52.93 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 119.59 JMD
IDEX to JMD
1 IDEX to $ 9.4 JMD
BitTorrent [New] to JMD
1 BTT to $ 0.0001753 JMD
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to JMD
1 SHOGGOTH to $ 7.99 JMD
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FTX Token to JMD
1 FTT to $ 465.71 JMD
LUCE to JMD
1 LUCE to $ 13.99 JMD
HEX (PulseChain) to JMD
1 HEX to $ 2.24 JMD
DeXe to JMD
1 DEXE to $ 1,651.92 JMD
Livepeer to JMD
1 LPT to $ 2,447.8 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 BABB 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 BABB 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 BABB 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.
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.
