$SPONGE
JMD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Sponge($SPONGE) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 $SPONGE at a value of 1 $SPONGE for 0.01 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 Sponge currency pair is the $SPONGE to JMD, with for Sponge's currency code being $SPONGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
$SPONGE to JMD conversion rate trend
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In the past 1D, Sponge has changed -31.97% to JMD. Based on the trend and price charts, Sponge($SPONGE) has changed -31.97% to JMD while Jamaican Dollar(JMD) has changed % to $SPONGE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.1155 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.1180 | 0.1000% / 0.1000% | Yes |
Last updated 2024/02/09 08:00:22(UTC+0)
How to buy Sponge
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Buy Sponge ($SPONGE)
Use a variety of payment options to buy Sponge on Bitget. We'll show you how.
Learn MoreBuy $SPONGE (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of $SPONGE with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy $SPONGE 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 $SPONGE (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of $SPONGE to JMD. However, you can first exchange $SPONGE 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 Sponge to Jamaican Dollar?
Sponge to Jamaican Dollar is falling this week.Sponge's current market price is $ 0.005459 per $SPONGE, with a total market cap of $ 0 JMD based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by -85.25% ($ -103,013.70 JMD) in the last 24 hours. Last trading day, $SPONGE's trading volume was $ 120,831.8.
Market cap
$0
24h volume
$114.00350941
Circulating supply
0 $SPONGE
Conversion tables
The exchange rate of Sponge is decreasing.1 $SPONGE is currently valued at $ 0.005459 JMD , which means buying 5 $SPONGE will cost $ 0.02730 JMD . Similarly, $1 JMD can be traded for 183.17 $SPONGE, and $50 JMD can be converted to 9,158.59 $SPONGE, excluding any platform or gas fees.
The exchange rate of 1 $SPONGE to Jamaican Dollar has changed by -94.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by -31.97%, reaching a high of 0.008026 JMD and a low of 0.005318 JMD . One month ago, the value of 1 $SPONGE was $ 0.01701 JMD , which represents a -67.90% change from its current value. Over the last year, Sponge has changed by , resulting in a change of -79.83% in its value.
-$
0.02160JMD$SPONGE to JMD
Amount
15:45 today
0.5 $SPONGE
$0.002730
1 $SPONGE
$0.005459
5 $SPONGE
$0.02730
10 $SPONGE
$0.05459
50 $SPONGE
$0.2730
100 $SPONGE
$0.5459
500 $SPONGE
$2.73
1000 $SPONGE
$5.46
JMD to $SPONGE
Amount15:45 today
0.5JMD91.59 $SPONGE
1JMD183.17 $SPONGE
5JMD915.86 $SPONGE
10JMD1,831.72 $SPONGE
50JMD9,158.59 $SPONGE
100JMD18,317.18 $SPONGE
500JMD91,585.92 $SPONGE
1000JMD183,171.84 $SPONGE
Today vs. 24 hours ago
| Amount | 15:45 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 $SPONGE | $0.{4}1746 | $0.{4}2567 | -31.97% |
| 1 $SPONGE | $0.{4}3493 | $0.{4}5134 | -31.97% |
| 5 $SPONGE | $0.0001746 | $0.0002567 | -31.97% |
| 10 $SPONGE | $0.0003493 | $0.0005134 | -31.97% |
| 50 $SPONGE | $0.001746 | $0.002567 | -31.97% |
| 100 $SPONGE | $0.003493 | $0.005134 | -31.97% |
| 500 $SPONGE | $0.01746 | $0.02567 | -31.97% |
| 1000 $SPONGE | $0.03493 | $0.05134 | -31.97% |
Today vs. 1 month ago
| Amount | 15:45 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 $SPONGE | $0.{4}1746 | $0.{4}5440 | -67.90% |
| 1 $SPONGE | $0.{4}3493 | $0.0001088 | -67.90% |
| 5 $SPONGE | $0.0001746 | $0.0005440 | -67.90% |
| 10 $SPONGE | $0.0003493 | $0.001088 | -67.90% |
| 50 $SPONGE | $0.001746 | $0.005440 | -67.90% |
| 100 $SPONGE | $0.003493 | $0.01088 | -67.90% |
| 500 $SPONGE | $0.01746 | $0.05440 | -67.90% |
| 1000 $SPONGE | $0.03493 | $0.1088 | -67.90% |
Today vs. 1 year ago
| Amount | 15:45 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 $SPONGE | $0.{4}1746 | $0.{4}8657 | -79.83% |
| 1 $SPONGE | $0.{4}3493 | $0.0001731 | -79.83% |
| 5 $SPONGE | $0.0001746 | $0.0008657 | -79.83% |
| 10 $SPONGE | $0.0003493 | $0.001731 | -79.83% |
| 50 $SPONGE | $0.001746 | $0.008657 | -79.83% |
| 100 $SPONGE | $0.003493 | $0.01731 | -79.83% |
| 500 $SPONGE | $0.01746 | $0.08657 | -79.83% |
| 1000 $SPONGE | $0.03493 | $0.1731 | -79.83% |
Sponge price prediction
What will the price of $SPONGE be in 2025?
Based on $SPONGE's historical price performance prediction model, the price of $SPONGE is projected to reach $0.{4}7586 in 2025.
What will the price of $SPONGE be in 2030?
In 2030, the $SPONGE price is expected to change by -2.00%. By the end of 2030, the $SPONGE price is projected to reach $0.0001602, with a cumulative ROI of +358.76%.
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Popular Sponge conversions
Check out these popular currency conversions of Sponge to several fiat currencies.
Sponge to USD
1 $SPONGE to $ 0.{4}3493 USD
Sponge to GBP
1 $SPONGE to £ 0.{4}2788 GBP
Sponge to EUR
1 $SPONGE to € 0.{4}3361 EUR
Sponge to KRW
1 $SPONGE to ₩ 0.05077 KRW
Sponge to CAD
1 $SPONGE to $ 0.{4}5035 CAD
Sponge to AUD
1 $SPONGE to $ 0.{4}5603 AUD
Sponge to JPY
1 $SPONGE to ¥ 0.005490 JPY
Sponge to BRL
1 $SPONGE to R$ 0.0002146 BRL
Sponge to CNY
1 $SPONGE to ¥ 0.0002551 CNY
Sponge to TWD
1 $SPONGE to NT$ 0.001142 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Sponge.
Bitcoin to JMD
1 BTC to $ 14,598,486.23 JMD
Ethereum to JMD
1 ETH to $ 514,624.02 JMD
Aave to JMD
1 AAVE to $ 52,033.15 JMD
Frax Share to JMD
1 FXS to $ 482.82 JMD
Verge to JMD
1 XVG to $ 1.87 JMD
BNB to JMD
1 BNB to $ 105,070.88 JMD
QuarkChain to JMD
1 QKC to $ 1.79 JMD
Algorand to JMD
1 ALGO to $ 54.51 JMD
XRP to JMD
1 XRP to $ 335.24 JMD
Curve DAO Token to JMD
1 CRV to $ 133.32 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 Sponge 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 Sponge 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 Sponge 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.
