LUXO
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 LUXO(LUXO) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 LUXO at a value of 1 LUXO for 15.96 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 LUXO currency pair is the LUXO to JMD, with for LUXO's currency code being LUXO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
LUXO to JMD conversion rate trend
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In the past 1D, LUXO has changed +1.88% to JMD. Based on the trend and price charts, LUXO(LUXO) has changed +1.88% to JMD while Jamaican Dollar(JMD) has changed % to LUXO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $15.61 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:32:40(UTC+0)
How to buy LUXO
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 LUXO (LUXO)
Use a variety of payment options to buy LUXO on Bitget. We'll show you how.
Buy LUXO (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of LUXO with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy LUXO 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 LUXO (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of LUXO to JMD. However, you can first exchange LUXO 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 LUXO to Jamaican Dollar?
LUXO to Jamaican Dollar is falling this week.LUXO's current market price is $ 15.96 per LUXO, with a total market cap of $ 0 JMD based on a circulating supply of -- LUXO. The trading volume of LUXO has changed by -0.19% ($ -9,374.95 JMD) in the last 24 hours. Last trading day, LUXO's trading volume was $ 4,885,332.24.
Market cap
$0
24h volume
$31.30K
Circulating supply
0 LUXO
Conversion tables
The exchange rate of LUXO is increasing.1 LUXO is currently valued at $ 15.96 JMD , which means buying 5 LUXO will cost $ 79.81 JMD . Similarly, $1 JMD can be traded for 0.06265 LUXO, and $50 JMD can be converted to 3.13 LUXO, excluding any platform or gas fees.
The exchange rate of 1 LUXO to Jamaican Dollar has changed by -6.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.88%, reaching a high of 16.38 JMD and a low of 15.57 JMD . One month ago, the value of 1 LUXO was $ 6.12 JMD , which represents a +160.88% change from its current value. Over the last year, LUXO has changed by , resulting in a change of +105.56% in its value.
+$
8.19JMDLUXO to JMD
Amount
06:40 am today
0.5 LUXO
$7.98
1 LUXO
$15.96
5 LUXO
$79.81
10 LUXO
$159.62
50 LUXO
$798.11
100 LUXO
$1,596.22
500 LUXO
$7,981.08
1000 LUXO
$15,962.17
JMD to LUXO
Amount06:40 am today
0.5JMD0.03132 LUXO
1JMD0.06265 LUXO
5JMD0.3132 LUXO
10JMD0.6265 LUXO
50JMD3.13 LUXO
100JMD6.26 LUXO
500JMD31.32 LUXO
1000JMD62.65 LUXO
Today vs. 24 hours ago
| Amount | 06:40 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LUXO | $0.05123 | $0.05028 | +1.88% |
| 1 LUXO | $0.1025 | $0.1006 | +1.88% |
| 5 LUXO | $0.5123 | $0.5028 | +1.88% |
| 10 LUXO | $1.02 | $1.01 | +1.88% |
| 50 LUXO | $5.12 | $5.03 | +1.88% |
| 100 LUXO | $10.25 | $10.06 | +1.88% |
| 500 LUXO | $51.23 | $50.28 | +1.88% |
| 1000 LUXO | $102.46 | $100.56 | +1.88% |
Today vs. 1 month ago
| Amount | 06:40 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LUXO | $0.05123 | $0.01965 | +160.88% |
| 1 LUXO | $0.1025 | $0.03930 | +160.88% |
| 5 LUXO | $0.5123 | $0.1965 | +160.88% |
| 10 LUXO | $1.02 | $0.3930 | +160.88% |
| 50 LUXO | $5.12 | $1.97 | +160.88% |
| 100 LUXO | $10.25 | $3.93 | +160.88% |
| 500 LUXO | $51.23 | $19.65 | +160.88% |
| 1000 LUXO | $102.46 | $39.3 | +160.88% |
Today vs. 1 year ago
| Amount | 06:40 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LUXO | $0.05123 | $0.02493 | +105.56% |
| 1 LUXO | $0.1025 | $0.04987 | +105.56% |
| 5 LUXO | $0.5123 | $0.2493 | +105.56% |
| 10 LUXO | $1.02 | $0.4987 | +105.56% |
| 50 LUXO | $5.12 | $2.49 | +105.56% |
| 100 LUXO | $10.25 | $4.99 | +105.56% |
| 500 LUXO | $51.23 | $24.93 | +105.56% |
| 1000 LUXO | $102.46 | $49.87 | +105.56% |
LUXO price prediction
What will the price of LUXO be in 2025?
Based on LUXO's historical price performance prediction model, the price of LUXO is projected to reach $0.1127 in 2025.
What will the price of LUXO be in 2030?
In 2030, the LUXO price is expected to change by -17.00%. By the end of 2030, the LUXO price is projected to reach $0.1030, with a cumulative ROI of +3.02%.
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Popular LUXO conversions
Check out these popular currency conversions of LUXO to several fiat currencies.
LUXO to USD
1 LUXO to $ 0.1025 USD
LUXO to GBP
1 LUXO to £ 0.08145 GBP
LUXO to EUR
1 LUXO to € 0.09811 EUR
LUXO to KRW
1 LUXO to ₩ 148.65 KRW
LUXO to CAD
1 LUXO to $ 0.1471 CAD
LUXO to AUD
1 LUXO to $ 0.1639 AUD
LUXO to JPY
1 LUXO to ¥ 16.04 JPY
LUXO to BRL
1 LUXO to R$ 0.6229 BRL
LUXO to CNY
1 LUXO to ¥ 0.7481 CNY
LUXO to TWD
1 LUXO to NT$ 3.35 TWD
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1 FTT to $ 496.48 JMD
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1 POWR to $ 38.09 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 LUXO 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 LUXO 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 LUXO 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.
