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8PAY to JMD Converter and calculator

8PAY/JMD: 1 8PAY = 0.2101 JMD. The price of converting 1 8PAY (8PAY) to Jamaican Dollar (JMD) is 0.2101 JMD today.
8PAY
8PAY
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides 8PAY to JMD real-time exchange rates, making it easy to convert 8PAY (8PAY) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 8PAY is currently valued at 0.21 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 8PAY is currently valued at 0.21 JMD, which means buying 5 8PAY would cost 1.05 JMD. Similarly, $1 JMD can be converted to 4.76 8PAY, and $50 JMD can be converted to 23.8 8PAY, excluding any platform or gas fees.

Convert 8PAY to JMD

Convert JMD to 8PAY

8PAY
Jamaican Dollar
1000 8PAY
210.12  JMD
5000 8PAY
1,050.61  JMD
10000 8PAY
2,101.21  JMD
In the table above, you'll find a comprehensive 8PAY to JMD converter that shows the value of 8PAY in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 8PAY to JMD, all the way up to 10000 8PAY, providing a clear view of their respective values.
Jamaican Dollar
8PAY
5000 JMD
23,795.79 8PAY
10000 JMD
47,591.58 8PAY
50000 JMD
237,957.91 8PAY
100000 JMD
475,915.83 8PAY
In the table above, you'll find a comprehensive JMD to 8PAY converter that shows the value of Jamaican Dollar in 8PAY across commonly used conversion amounts. The list covers conversions from 1 JMD to 8PAY, all the way up to 100000 JMD, providing a clear view of their respective values.

8PAY to JMD chart

8PAY/JMD: 1 8PAY = 0.2101 JMD; 2025/04/28 05:57:34
In the past 1D, 8PAY has changed -0.87% to JMD. Based on the trend and price charts, 8PAY(8PAY) has changed -0.87% to JMD while Jamaican Dollar(JMD) has changed % to 8PAY in the last 24 hours.
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8PAY to JMD conversion data: Volatility and price changes of 8PAY in JMD

The highest 8PAY price in JMD over the past 7 days was 0.2209 JMD while the lowest 8PAY price in JMD over the past 7 days was 0.2086 JMD. The relative change between the highs and lows in 8PAY price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and 8PAY to JMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.2128 JMD
0.2209 JMD
0.2435 JMD
0.3418 JMD
Low
0.2101 JMD
0.2086 JMD
0.2086 JMD
0.2086 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-0.87%
-4.38%
-13.33%
-35.28%

8PAY information

8PAY to JMD market statistics

8PAY/JMD:
$0.2101
8PAY 24h volume:
--
8PAY market cap:
$12,609,556.27
8PAY circulating supply:
60.01M 8PAY

Current 8PAY to JMD exchange rate

8PAY to Jamaican Dollar is falling this week.
8PAY's current market price is $0.2101 per 8PAY, with a total market cap of $12,609,556.27 JMD based on a circulating supply of 60,010,876 8PAY. The trading volume of 8PAY has changed by 0.00% ($0 JMD) in the last 24 hours. Last trading day, 8PAY's trading volume was $0.

More info about 8PAY on Bitget

Jamaican Dollar 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 8PAY currency pair is the 8PAY to JMD, with for 8PAY's currency code being 8PAY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert 8PAY to JMD

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8PAY to JMD Conversion tables

The exchange rate of 8PAY is decreasing.
The exchange rate of 1 8PAY to Jamaican Dollar has changed by -4.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.87%, reaching a high of 0.2128 JMD and a low of 0.2101 JMD . One month ago, the value of 1 8PAY was $0.2424 JMD , which represents a -13.33% change from its current value. Over the last year, 8PAY has changed by
-$
0.4224JMD
, resulting in a change of -66.78% in its value.
24 hours ago1 month ago1 year ago
Amount05:57 am today24 hours ago24h change
0.5 8PAY$0.1051$0.1060
-0.87%
1 8PAY$0.2101$0.2120
-0.87%
5 8PAY$1.05$1.06
-0.87%
10 8PAY$2.1$2.12
-0.87%
50 8PAY$10.51$10.6
-0.87%
100 8PAY$21.01$21.2
-0.87%
500 8PAY$105.06$105.98
-0.87%
1000 8PAY$210.12$211.96
-0.87%

8PAY to JMD FAQ

How much is 1 8PAY in JMD?
Right now, the price of 1 8PAY (8PAY) in Jamaican Dollar (JMD) is $0.2101.
How much 8PAY can I buy for 1 JMD?
Based on the current exchange rate, you can get 4.76 8PAY for 1 JMD.
How do I calculate or convert 8PAY to JMD?
You can use our 8PAY to JMD calculator at the top of this page to convert any amount of 8PAY to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 23.8 8PAY, while 5 8PAY will cost around 1.05JMD.
What is the highest price of 8PAY/JMD in history?
The all-time high price of 1 8PAY in JMD is $75,293.34. It remains to be seen if the value of 1 8PAY/JMD will exceed the current all-time high.
What is the price trend of 8PAY in JMD?
Over the past 7 days, the exchange rate of 8PAY (8PAY) has gone down by 4.38%.   Over the last month, the exchange rate of 8PAY (8PAY) has gone down by 13.33% against Jamaican Dollar (JMD).

What factors influence the conversion rate of 8PAY to JMD?

There are many factors that affect the relationship between 8PAY and Jamaican Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of 8PAY/JMD. When there is positive news in the market about the widespread adoption of 8PAY or major technological breakthroughs, it tends to trigger market optimism and drive the rise of 8PAY/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in 8PAY/JMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of 8PAY/JMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of 8PAY and adjust their investment strategies accordingly in the evolving market.

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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.