MENDI
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 Mendi Finance(MENDI) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MENDI at a value of 1 MENDI for 11.16 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 Mendi Finance currency pair is the MENDI to JMD, with for Mendi Finance's currency code being MENDI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MENDI to JMD conversion rate trend
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In the past 1D, Mendi Finance has changed -10.86% to JMD. Based on the trend and price charts, Mendi Finance(MENDI) has changed -10.86% to JMD while Jamaican Dollar(JMD) has changed % to MENDI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $11.2 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:32:56(UTC+0)
How to buy Mendi Finance
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Mendi Finance (MENDI)
Use a variety of payment options to buy Mendi Finance on Bitget. We'll show you how.
Buy MENDI (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MENDI with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MENDI 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 MENDI (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MENDI to JMD. However, you can first exchange MENDI 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 Mendi Finance to Jamaican Dollar?
Mendi Finance to Jamaican Dollar is falling this week.Mendi Finance's current market price is $ 11.16 per MENDI, with a total market cap of $ 0 JMD based on a circulating supply of -- MENDI. The trading volume of Mendi Finance has changed by -18.93% ($ -312,687.65 JMD) in the last 24 hours. Last trading day, MENDI's trading volume was $ 1,652,246.5.
Market cap
$0
24h volume
$8.60K
Circulating supply
0 MENDI
Conversion tables
The exchange rate of Mendi Finance is increasing.1 MENDI is currently valued at $ 11.16 JMD , which means buying 5 MENDI will cost $ 55.81 JMD . Similarly, $1 JMD can be traded for 0.08959 MENDI, and $50 JMD can be converted to 4.48 MENDI, excluding any platform or gas fees.
The exchange rate of 1 MENDI to Jamaican Dollar has changed by -39.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.86%, reaching a high of 12.53 JMD and a low of 11.16 JMD . One month ago, the value of 1 MENDI was $ 9.24 JMD , which represents a +20.84% change from its current value. Over the last year, Mendi Finance has changed by , resulting in a change of -59.35% in its value.
-$
16.3JMDMENDI to JMD
Amount
04:51 am today
0.5 MENDI
$5.58
1 MENDI
$11.16
5 MENDI
$55.81
10 MENDI
$111.62
50 MENDI
$558.11
100 MENDI
$1,116.22
500 MENDI
$5,581.09
1000 MENDI
$11,162.19
JMD to MENDI
Amount04:51 am today
0.5JMD0.04479 MENDI
1JMD0.08959 MENDI
5JMD0.4479 MENDI
10JMD0.8959 MENDI
50JMD4.48 MENDI
100JMD8.96 MENDI
500JMD44.79 MENDI
1000JMD89.59 MENDI
Today vs. 24 hours ago
| Amount | 04:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MENDI | $0.03582 | $0.04019 | -10.86% |
| 1 MENDI | $0.07165 | $0.08037 | -10.86% |
| 5 MENDI | $0.3582 | $0.4019 | -10.86% |
| 10 MENDI | $0.7165 | $0.8037 | -10.86% |
| 50 MENDI | $3.58 | $4.02 | -10.86% |
| 100 MENDI | $7.16 | $8.04 | -10.86% |
| 500 MENDI | $35.82 | $40.19 | -10.86% |
| 1000 MENDI | $71.65 | $80.37 | -10.86% |
Today vs. 1 month ago
| Amount | 04:51 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MENDI | $0.03582 | $0.02965 | +20.84% |
| 1 MENDI | $0.07165 | $0.05929 | +20.84% |
| 5 MENDI | $0.3582 | $0.2965 | +20.84% |
| 10 MENDI | $0.7165 | $0.5929 | +20.84% |
| 50 MENDI | $3.58 | $2.96 | +20.84% |
| 100 MENDI | $7.16 | $5.93 | +20.84% |
| 500 MENDI | $35.82 | $29.65 | +20.84% |
| 1000 MENDI | $71.65 | $59.29 | +20.84% |
Today vs. 1 year ago
| Amount | 04:51 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MENDI | $0.03582 | $0.08813 | -59.35% |
| 1 MENDI | $0.07165 | $0.1763 | -59.35% |
| 5 MENDI | $0.3582 | $0.8813 | -59.35% |
| 10 MENDI | $0.7165 | $1.76 | -59.35% |
| 50 MENDI | $3.58 | $8.81 | -59.35% |
| 100 MENDI | $7.16 | $17.63 | -59.35% |
| 500 MENDI | $35.82 | $88.13 | -59.35% |
| 1000 MENDI | $71.65 | $176.26 | -59.35% |
Mendi Finance price prediction
What will the price of MENDI be in 2025?
Based on MENDI's historical price performance prediction model, the price of MENDI is projected to reach $0.1310 in 2025.
What will the price of MENDI be in 2030?
In 2030, the MENDI price is expected to change by +5.00%. By the end of 2030, the MENDI price is projected to reach $0.2369, with a cumulative ROI of +177.90%.
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Popular Mendi Finance conversions
Check out these popular currency conversions of Mendi Finance to several fiat currencies.
Mendi Finance to USD
1 MENDI to $ 0.07165 USD
Mendi Finance to GBP
1 MENDI to £ 0.05696 GBP
Mendi Finance to EUR
1 MENDI to € 0.06861 EUR
Mendi Finance to KRW
1 MENDI to ₩ 103.95 KRW
Mendi Finance to CAD
1 MENDI to $ 0.1029 CAD
Mendi Finance to AUD
1 MENDI to $ 0.1146 AUD
Mendi Finance to JPY
1 MENDI to ¥ 11.22 JPY
Mendi Finance to BRL
1 MENDI to R$ 0.4356 BRL
Mendi Finance to CNY
1 MENDI to ¥ 0.5231 CNY
Mendi Finance to TWD
1 MENDI to NT$ 2.34 TWD
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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 Mendi Finance 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 Mendi Finance 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 Mendi Finance 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.
