LBL
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 LABEL AI(LBL) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 LBL at a value of 1 LBL for 0.39 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 LABEL AI currency pair is the LBL to JMD, with for LABEL AI's currency code being LBL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
LBL to JMD conversion rate trend
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In the past 1D, LABEL AI has changed -2.18% to JMD. Based on the trend and price charts, LABEL AI(LBL) has changed -2.18% to JMD while Jamaican Dollar(JMD) has changed % to LBL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.4001 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | $0.3931 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.3920 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/17 00:00:19(UTC+0)
How to buy LABEL AI
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy LABEL AI (LBL)
Use a variety of payment options to buy LABEL AI on Bitget. We'll show you how.
Buy LBL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of LBL with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy LBL with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell LBL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of LBL to JMD. However, you can first exchange LBL 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 LABEL AI to Jamaican Dollar?
LABEL AI to Jamaican Dollar is falling this week.LABEL AI's current market price is $ 0.3942 per LBL, with a total market cap of $ 879,608,365.67 JMD based on a circulating supply of 2,231,382,500 LBL. The trading volume of LABEL AI has changed by -39.68% ($ -31,865,933.02 JMD) in the last 24 hours. Last trading day, LBL's trading volume was $ 80,297,577.45.
Market cap
$5.52M
24h volume
$304.05K
Circulating supply
2.23B LBL
Conversion tables
The exchange rate of LABEL AI is decreasing.1 LBL is currently valued at $ 0.3942 JMD , which means buying 5 LBL will cost $ 1.97 JMD . Similarly, $1 JMD can be traded for 2.54 LBL, and $50 JMD can be converted to 126.84 LBL, excluding any platform or gas fees.
The exchange rate of 1 LBL to Jamaican Dollar has changed by -7.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.18%, reaching a high of 0.4058 JMD and a low of 0.3899 JMD . One month ago, the value of 1 LBL was $ 0.4331 JMD , which represents a -8.98% change from its current value. Over the last year, LABEL AI has changed by , resulting in a change of +26.71% in its value.
+$
0.08310JMDLBL to JMD
Amount
03:55 am today
0.5 LBL
$0.1971
1 LBL
$0.3942
5 LBL
$1.97
10 LBL
$3.94
50 LBL
$19.71
100 LBL
$39.42
500 LBL
$197.1
1000 LBL
$394.2
JMD to LBL
Amount03:55 am today
0.5JMD1.27 LBL
1JMD2.54 LBL
5JMD12.68 LBL
10JMD25.37 LBL
50JMD126.84 LBL
100JMD253.68 LBL
500JMD1,268.4 LBL
1000JMD2,536.79 LBL
Today vs. 24 hours ago
| Amount | 03:55 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LBL | $0.001237 | $0.001265 | -2.18% |
| 1 LBL | $0.002475 | $0.002530 | -2.18% |
| 5 LBL | $0.01237 | $0.01265 | -2.18% |
| 10 LBL | $0.02475 | $0.02530 | -2.18% |
| 50 LBL | $0.1237 | $0.1265 | -2.18% |
| 100 LBL | $0.2475 | $0.2530 | -2.18% |
| 500 LBL | $1.24 | $1.26 | -2.18% |
| 1000 LBL | $2.47 | $2.53 | -2.18% |
Today vs. 1 month ago
| Amount | 03:55 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LBL | $0.001237 | $0.001359 | -8.98% |
| 1 LBL | $0.002475 | $0.002719 | -8.98% |
| 5 LBL | $0.01237 | $0.01359 | -8.98% |
| 10 LBL | $0.02475 | $0.02719 | -8.98% |
| 50 LBL | $0.1237 | $0.1359 | -8.98% |
| 100 LBL | $0.2475 | $0.2719 | -8.98% |
| 500 LBL | $1.24 | $1.36 | -8.98% |
| 1000 LBL | $2.47 | $2.72 | -8.98% |
Today vs. 1 year ago
| Amount | 03:55 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LBL | $0.001237 | $0.0009765 | +26.71% |
| 1 LBL | $0.002475 | $0.001953 | +26.71% |
| 5 LBL | $0.01237 | $0.009765 | +26.71% |
| 10 LBL | $0.02475 | $0.01953 | +26.71% |
| 50 LBL | $0.1237 | $0.09765 | +26.71% |
| 100 LBL | $0.2475 | $0.1953 | +26.71% |
| 500 LBL | $1.24 | $0.9765 | +26.71% |
| 1000 LBL | $2.47 | $1.95 | +26.71% |
LABEL AI price prediction
What will the price of LBL be in 2025?
Based on LBL's historical price performance prediction model, the price of LBL is projected to reach $0.003976 in 2025.
What will the price of LBL be in 2030?
In 2030, the LBL price is expected to change by +1.00%. By the end of 2030, the LBL price is projected to reach $0.009753, with a cumulative ROI of +288.58%.
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Popular LABEL AI conversions
Check out these popular currency conversions of LABEL AI to several fiat currencies.
LABEL AI to USD
1 LBL to $ 0.002475 USD
LABEL AI to GBP
1 LBL to £ 0.001961 GBP
LABEL AI to EUR
1 LBL to € 0.002347 EUR
LABEL AI to KRW
1 LBL to ₩ 3.45 KRW
LABEL AI to CAD
1 LBL to $ 0.003490 CAD
LABEL AI to AUD
1 LBL to $ 0.003830 AUD
LABEL AI to JPY
1 LBL to ¥ 0.3819 JPY
LABEL AI to BRL
1 LBL to R$ 0.01435 BRL
LABEL AI to CNY
1 LBL to ¥ 0.01791 CNY
LABEL AI to TWD
1 LBL to NT$ 0.08037 TWD
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1 NEIRO to $ -- JMD
ConstitutionDAO to JMD
1 PEOPLE to $ 9.95 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 245.97 JMD
Turbo to JMD
1 TURBO to $ 1.38 JMD
Cardano to JMD
1 ADA to $ 113.89 JMD
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1 HOOK to $ 64.11 JMD
Dogecoin to JMD
1 DOGE to $ 55.68 JMD
Aevo to JMD
1 AEVO to $ 57.33 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 LABEL AI 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 LABEL AI 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 LABEL AI 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.
