MRST
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 Mars Token(MRST) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MRST at a value of 1 MRST for 0.17 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 Mars Token currency pair is the MRST to JMD, with for Mars Token's currency code being MRST. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MRST to JMD conversion rate trend
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In the past 1D, Mars Token has changed +9.97% to JMD. Based on the trend and price charts, Mars Token(MRST) has changed +9.97% to JMD while Jamaican Dollar(JMD) has changed % to MRST in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.1715 | 0.0200% / 0.0320%  VIP 7 | |
OKX | $0.1594 | 0.080% / 0.100% | Yes |
Last updated 2024/06/03 01:00:16(UTC+0)
How to buy Mars Token
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Buy Mars Token (MRST)
Use a variety of payment options to buy Mars Token on Bitget. We'll show you how.
Buy MRST (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MRST with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MRST 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 MRST (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MRST to JMD. However, you can first exchange MRST 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 Mars Token to Jamaican Dollar?
Mars Token to Jamaican Dollar is rising this week.Mars Token's current market price is $ 0.1713 per MRST, with a total market cap of $ 61,187,296.95 JMD based on a circulating supply of 357,176,740 MRST. The trading volume of Mars Token has changed by -26.24% ($ -12,243,708.46 JMD) in the last 24 hours. Last trading day, MRST's trading volume was $ 46,665,098.16.
Market cap
$392.64K
24h volume
$220.88K
Circulating supply
357.18M MRST
Conversion tables
The exchange rate of Mars Token is increasing.1 MRST is currently valued at $ 0.1713 JMD , which means buying 5 MRST will cost $ 0.8565 JMD . Similarly, $1 JMD can be traded for 5.84 MRST, and $50 JMD can be converted to 291.87 MRST, excluding any platform or gas fees.
The exchange rate of 1 MRST to Jamaican Dollar has changed by +8.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.97%, reaching a high of 0.1836 JMD and a low of 0.1559 JMD . One month ago, the value of 1 MRST was $ 0.1566 JMD , which represents a +9.36% change from its current value. Over the last year, Mars Token has changed by , resulting in a change of -63.34% in its value.
-$
0.2963JMDMRST to JMD
Amount
17:34 today
0.5 MRST
$0.08565
1 MRST
$0.1713
5 MRST
$0.8565
10 MRST
$1.71
50 MRST
$8.57
100 MRST
$17.13
500 MRST
$85.65
1000 MRST
$171.31
JMD to MRST
Amount17:34 today
0.5JMD2.92 MRST
1JMD5.84 MRST
5JMD29.19 MRST
10JMD58.37 MRST
50JMD291.87 MRST
100JMD583.74 MRST
500JMD2,918.72 MRST
1000JMD5,837.43 MRST
Today vs. 24 hours ago
| Amount | 17:34 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MRST | $0.0005496 | $0.0004998 | +9.97% |
| 1 MRST | $0.001099 | $0.0009996 | +9.97% |
| 5 MRST | $0.005496 | $0.004998 | +9.97% |
| 10 MRST | $0.01099 | $0.009996 | +9.97% |
| 50 MRST | $0.05496 | $0.04998 | +9.97% |
| 100 MRST | $0.1099 | $0.09996 | +9.97% |
| 500 MRST | $0.5496 | $0.4998 | +9.97% |
| 1000 MRST | $1.1 | $0.9996 | +9.97% |
Today vs. 1 month ago
| Amount | 17:34 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MRST | $0.0005496 | $0.0005026 | +9.36% |
| 1 MRST | $0.001099 | $0.001005 | +9.36% |
| 5 MRST | $0.005496 | $0.005026 | +9.36% |
| 10 MRST | $0.01099 | $0.01005 | +9.36% |
| 50 MRST | $0.05496 | $0.05026 | +9.36% |
| 100 MRST | $0.1099 | $0.1005 | +9.36% |
| 500 MRST | $0.5496 | $0.5026 | +9.36% |
| 1000 MRST | $1.1 | $1.01 | +9.36% |
Today vs. 1 year ago
| Amount | 17:34 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MRST | $0.0005496 | $0.001500 | -63.34% |
| 1 MRST | $0.001099 | $0.003001 | -63.34% |
| 5 MRST | $0.005496 | $0.01500 | -63.34% |
| 10 MRST | $0.01099 | $0.03001 | -63.34% |
| 50 MRST | $0.05496 | $0.1500 | -63.34% |
| 100 MRST | $0.1099 | $0.3001 | -63.34% |
| 500 MRST | $0.5496 | $1.5 | -63.34% |
| 1000 MRST | $1.1 | $3 | -63.34% |
Mars Token price prediction
What will the price of MRST be in 2025?
Based on MRST's historical price performance prediction model, the price of MRST is projected to reach $0.001534 in 2025.
What will the price of MRST be in 2030?
In 2030, the MRST price is expected to change by +7.00%. By the end of 2030, the MRST price is projected to reach $0.002263, with a cumulative ROI of +101.25%.
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Popular Mars Token conversions
Check out these popular currency conversions of Mars Token to several fiat currencies.
Mars Token to USD
1 MRST to $ 0.001099 USD
Mars Token to GBP
1 MRST to £ 0.0008747 GBP
Mars Token to EUR
1 MRST to € 0.001054 EUR
Mars Token to KRW
1 MRST to ₩ 1.59 KRW
Mars Token to CAD
1 MRST to $ 0.001578 CAD
Mars Token to AUD
1 MRST to $ 0.001759 AUD
Mars Token to JPY
1 MRST to ¥ 0.1720 JPY
Mars Token to BRL
1 MRST to R$ 0.006690 BRL
Mars Token to CNY
1 MRST to ¥ 0.008022 CNY
Mars Token to TWD
1 MRST to NT$ 0.03587 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Mars Token.
Hive to JMD
1 HIVE to $ 50.89 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 118.96 JMD
IDEX to JMD
1 IDEX to $ 9.41 JMD
BitTorrent [New] to JMD
1 BTT to $ 0.0001750 JMD
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to JMD
1 SHOGGOTH to $ 8.69 JMD
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FTX Token to JMD
1 FTT to $ 460.28 JMD
LUCE to JMD
1 LUCE to $ 14.14 JMD
HEX (PulseChain) to JMD
1 HEX to $ 2.1 JMD
DeXe to JMD
1 DEXE to $ 1,608.81 JMD
Livepeer to JMD
1 LPT to $ 2,498.52 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 Mars Token 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 Mars Token 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 Mars Token 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.
