vDAI
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 Venus DAI(vDAI) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 vDAI at a value of 1 vDAI for 3.83 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 Venus DAI currency pair is the vDAI to JMD, with for Venus DAI's currency code being vDAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
vDAI to JMD conversion rate trend
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In the past 1D, Venus DAI has changed +0.02% to JMD. Based on the trend and price charts, Venus DAI(vDAI) has changed +0.02% to JMD while Jamaican Dollar(JMD) has changed % to vDAI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $3.83 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:30:50(UTC+0)
How to buy Venus DAI
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Venus DAI (vDAI)
Use a variety of payment options to buy Venus DAI on Bitget. We'll show you how.
Buy vDAI (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of vDAI with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy vDAI 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 vDAI (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of vDAI to JMD. However, you can first exchange vDAI 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 Venus DAI to Jamaican Dollar?
Venus DAI to Jamaican Dollar is rising this week.Venus DAI's current market price is $ 3.83 per vDAI, with a total market cap of $ 1,051,451,430.21 JMD based on a circulating supply of 274,537,630 vDAI. The trading volume of Venus DAI has changed by 0.00% ($ 0 JMD) in the last 24 hours. Last trading day, vDAI's trading volume was $ 0.
Market cap
$6.75M
24h volume
$0
Circulating supply
274.54M vDAI
Conversion tables
The exchange rate of Venus DAI is increasing.1 vDAI is currently valued at $ 3.83 JMD , which means buying 5 vDAI will cost $ 19.15 JMD . Similarly, $1 JMD can be traded for 0.2611 vDAI, and $50 JMD can be converted to 13.06 vDAI, excluding any platform or gas fees.
The exchange rate of 1 vDAI to Jamaican Dollar has changed by +0.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 3.83 JMD and a low of 3.83 JMD . One month ago, the value of 1 vDAI was $ 3.79 JMD , which represents a +0.94% change from its current value. Over the last year, Venus DAI has changed by , resulting in a change of +9.05% in its value.
+$
0.3177JMDvDAI to JMD
Amount
17:31 today
0.5 vDAI
$1.91
1 vDAI
$3.83
5 vDAI
$19.15
10 vDAI
$38.3
50 vDAI
$191.49
100 vDAI
$382.99
500 vDAI
$1,914.95
1000 vDAI
$3,829.9
JMD to vDAI
Amount17:31 today
0.5JMD0.1306 vDAI
1JMD0.2611 vDAI
5JMD1.31 vDAI
10JMD2.61 vDAI
50JMD13.06 vDAI
100JMD26.11 vDAI
500JMD130.55 vDAI
1000JMD261.1 vDAI
Today vs. 24 hours ago
| Amount | 17:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 vDAI | $0.01229 | $0.01229 | +0.02% |
| 1 vDAI | $0.02458 | $0.02457 | +0.02% |
| 5 vDAI | $0.1229 | $0.1229 | +0.02% |
| 10 vDAI | $0.2458 | $0.2457 | +0.02% |
| 50 vDAI | $1.23 | $1.23 | +0.02% |
| 100 vDAI | $2.46 | $2.46 | +0.02% |
| 500 vDAI | $12.29 | $12.29 | +0.02% |
| 1000 vDAI | $24.58 | $24.57 | +0.02% |
Today vs. 1 month ago
| Amount | 17:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 vDAI | $0.01229 | $0.01217 | +0.94% |
| 1 vDAI | $0.02458 | $0.02435 | +0.94% |
| 5 vDAI | $0.1229 | $0.1217 | +0.94% |
| 10 vDAI | $0.2458 | $0.2435 | +0.94% |
| 50 vDAI | $1.23 | $1.22 | +0.94% |
| 100 vDAI | $2.46 | $2.43 | +0.94% |
| 500 vDAI | $12.29 | $12.17 | +0.94% |
| 1000 vDAI | $24.58 | $24.35 | +0.94% |
Today vs. 1 year ago
| Amount | 17:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 vDAI | $0.01229 | $0.01127 | +9.05% |
| 1 vDAI | $0.02458 | $0.02254 | +9.05% |
| 5 vDAI | $0.1229 | $0.1127 | +9.05% |
| 10 vDAI | $0.2458 | $0.2254 | +9.05% |
| 50 vDAI | $1.23 | $1.13 | +9.05% |
| 100 vDAI | $2.46 | $2.25 | +9.05% |
| 500 vDAI | $12.29 | $11.27 | +9.05% |
| 1000 vDAI | $24.58 | $22.54 | +9.05% |
Venus DAI price prediction
What will the price of vDAI be in 2025?
Based on vDAI's historical price performance prediction model, the price of vDAI is projected to reach $0.03542 in 2025.
What will the price of vDAI be in 2030?
In 2030, the vDAI price is expected to change by -7.00%. By the end of 2030, the vDAI price is projected to reach $0.03502, with a cumulative ROI of +42.49%.
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Popular Venus DAI conversions
Check out these popular currency conversions of Venus DAI to several fiat currencies.
Venus DAI to USD
1 vDAI to $ 0.02458 USD
Venus DAI to GBP
1 vDAI to £ 0.01956 GBP
Venus DAI to EUR
1 vDAI to € 0.02356 EUR
Venus DAI to KRW
1 vDAI to ₩ 35.55 KRW
Venus DAI to CAD
1 vDAI to $ 0.03529 CAD
Venus DAI to AUD
1 vDAI to $ 0.03932 AUD
Venus DAI to JPY
1 vDAI to ¥ 3.84 JPY
Venus DAI to BRL
1 vDAI to R$ 0.1496 BRL
Venus DAI to CNY
1 vDAI to ¥ 0.1793 CNY
Venus DAI to TWD
1 vDAI to NT$ 0.8020 TWD
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Explore other cryptocurrencies based on your interest in Venus DAI.
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1 HIVE to $ 50.89 JMD
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1 PNUT to $ 118.96 JMD
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1 IDEX to $ 9.41 JMD
BitTorrent [New] to JMD
1 BTT to $ 0.0001750 JMD
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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 Venus DAI 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 Venus DAI 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 Venus DAI 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.
