MAGE
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 MAGE(MAGE) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MAGE at a value of 1 MAGE for 0.00 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 MAGE currency pair is the MAGE to JMD, with for MAGE's currency code being MAGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MAGE to JMD conversion rate trend
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In the past 1D, MAGE has changed -9.96% to JMD. Based on the trend and price charts, MAGE(MAGE) has changed -9.96% to JMD while Jamaican Dollar(JMD) has changed % to MAGE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.0007968 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/16 00:31:37(UTC+0)
How to buy MAGE
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Buy MAGE (MAGE)
Use a variety of payment options to buy MAGE on Bitget. We'll show you how.
Buy MAGE (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MAGE with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MAGE with USDT via Bitget spot market.
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Sell MAGE (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MAGE to JMD. However, you can first exchange MAGE 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 MAGE to Jamaican Dollar?
MAGE to Jamaican Dollar is falling this week.MAGE's current market price is $ 0.0007649 per MAGE, with a total market cap of $ 9,415,881.19 JMD based on a circulating supply of 12,309,768,000 MAGE. The trading volume of MAGE has changed by +529.76% ($ 26,143.23 JMD) in the last 24 hours. Last trading day, MAGE's trading volume was $ 4,934.94.
Market cap
$59.11K
24h volume
$195.10348111
Circulating supply
12.31B MAGE
Conversion tables
The exchange rate of MAGE is decreasing.1 MAGE is currently valued at $ 0.0007649 JMD , which means buying 5 MAGE will cost $ 0.003825 JMD . Similarly, $1 JMD can be traded for 1,307.34 MAGE, and $50 JMD can be converted to 65,367.06 MAGE, excluding any platform or gas fees.
The exchange rate of 1 MAGE to Jamaican Dollar has changed by -44.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.96%, reaching a high of 0.0008493 JMD and a low of 0.0007567 JMD . One month ago, the value of 1 MAGE was $ 0.001159 JMD , which represents a -34.02% change from its current value. Over the last year, MAGE has changed by , resulting in a change of -93.45% in its value.
+$
0.0007648JMDMAGE to JMD
Amount
08:18 am today
0.5 MAGE
$0.0003825
1 MAGE
$0.0007649
5 MAGE
$0.003825
10 MAGE
$0.007649
50 MAGE
$0.03825
100 MAGE
$0.07649
500 MAGE
$0.3825
1000 MAGE
$0.7649
JMD to MAGE
Amount08:18 am today
0.5JMD653.67 MAGE
1JMD1,307.34 MAGE
5JMD6,536.71 MAGE
10JMD13,073.41 MAGE
50JMD65,367.06 MAGE
100JMD130,734.12 MAGE
500JMD653,670.58 MAGE
1000JMD1,307,341.16 MAGE
Today vs. 24 hours ago
| Amount | 08:18 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGE | $0.{5}2401 | $0.{5}2666 | -9.96% |
| 1 MAGE | $0.{5}4802 | $0.{5}5333 | -9.96% |
| 5 MAGE | $0.{4}2401 | $0.{4}2666 | -9.96% |
| 10 MAGE | $0.{4}4802 | $0.{4}5333 | -9.96% |
| 50 MAGE | $0.0002401 | $0.0002666 | -9.96% |
| 100 MAGE | $0.0004802 | $0.0005333 | -9.96% |
| 500 MAGE | $0.002401 | $0.002666 | -9.96% |
| 1000 MAGE | $0.004802 | $0.005333 | -9.96% |
Today vs. 1 month ago
| Amount | 08:18 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGE | $0.{5}2401 | $0.{5}3639 | -34.02% |
| 1 MAGE | $0.{5}4802 | $0.{5}7278 | -34.02% |
| 5 MAGE | $0.{4}2401 | $0.{4}3639 | -34.02% |
| 10 MAGE | $0.{4}4802 | $0.{4}7278 | -34.02% |
| 50 MAGE | $0.0002401 | $0.0003639 | -34.02% |
| 100 MAGE | $0.0004802 | $0.0007278 | -34.02% |
| 500 MAGE | $0.002401 | $0.003639 | -34.02% |
| 1000 MAGE | $0.004802 | $0.007278 | -34.02% |
Today vs. 1 year ago
| Amount | 08:18 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGE | $0.{5}2401 | $0.{9}1953 | -93.45% |
| 1 MAGE | $0.{5}4802 | $0.{9}3906 | -93.45% |
| 5 MAGE | $0.{4}2401 | $0.{8}1953 | -93.45% |
| 10 MAGE | $0.{4}4802 | $0.{8}3906 | -93.45% |
| 50 MAGE | $0.0002401 | $0.{7}1953 | -93.45% |
| 100 MAGE | $0.0004802 | $0.{7}3906 | -93.45% |
| 500 MAGE | $0.002401 | $0.{6}1953 | -93.45% |
| 1000 MAGE | $0.004802 | $0.{6}3906 | -93.45% |
MAGE price prediction
What will the price of MAGE be in 2025?
Based on MAGE's historical price performance prediction model, the price of MAGE is projected to reach $0.{4}1418 in 2025.
What will the price of MAGE be in 2030?
In 2030, the MAGE price is expected to change by -11.00%. By the end of 2030, the MAGE price is projected to reach $0.{4}1980, with a cumulative ROI of +312.42%.
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Popular MAGE conversions
Check out these popular currency conversions of MAGE to several fiat currencies.
MAGE to USD
1 MAGE to $ 0.{5}4802 USD
MAGE to GBP
1 MAGE to £ 0.{5}3807 GBP
MAGE to EUR
1 MAGE to € 0.{5}4554 EUR
MAGE to KRW
1 MAGE to ₩ 0.006703 KRW
MAGE to CAD
1 MAGE to $ 0.{5}6771 CAD
MAGE to AUD
1 MAGE to $ 0.{5}7432 AUD
MAGE to JPY
1 MAGE to ¥ 0.0007412 JPY
MAGE to BRL
1 MAGE to R$ 0.{4}2784 BRL
MAGE to CNY
1 MAGE to ¥ 0.{4}3475 CNY
MAGE to TWD
1 MAGE to NT$ 0.0001560 TWD
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1 NEIRO to $ -- JMD
ConstitutionDAO to JMD
1 PEOPLE to $ 10.37 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 302.03 JMD
Turbo to JMD
1 TURBO to $ 1.5 JMD
Cardano to JMD
1 ADA to $ 115.76 JMD
Hooked Protocol to JMD
1 HOOK to $ 62.97 JMD
Dogecoin to JMD
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1 AEVO to $ 55.42 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 MAGE 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 MAGE 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 MAGE 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.
