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LOOP to JMD Converter and calculator

LOOP/JMD: 1 LOOP = 3.35 JMD. The price of converting 1 Loop Network (LOOP) to Jamaican Dollar (JMD) is 3.35 JMD today.
LOOP
LOOP
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LOOP to JMD real-time exchange rates, making it easy to convert Loop Network (LOOP) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 LOOP is currently valued at 3.35 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LOOP is currently valued at 3.35 JMD, which means buying 5 LOOP would cost 16.73 JMD. Similarly, $1 JMD can be converted to 0.2988 LOOP, and $50 JMD can be converted to 1.49 LOOP, excluding any platform or gas fees.

Convert LOOP to JMD

Convert JMD to LOOP

Loop Network
Jamaican Dollar
500 LOOP
1,673.49  JMD
1000 LOOP
3,346.98  JMD
5000 LOOP
16,734.89  JMD
10000 LOOP
33,469.79  JMD
In the table above, you'll find a comprehensive LOOP to JMD converter that shows the value of Loop Network in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 LOOP to JMD, all the way up to 10000 LOOP, providing a clear view of their respective values.
Jamaican Dollar
Loop Network
10000 JMD
2,987.77 LOOP
50000 JMD
14,938.85 LOOP
100000 JMD
29,877.69 LOOP
In the table above, you'll find a comprehensive JMD to LOOP converter that shows the value of Jamaican Dollar in Loop Network across commonly used conversion amounts. The list covers conversions from 1 JMD to LOOP, all the way up to 100000 JMD, providing a clear view of their respective values.

LOOP to JMD chart

LOOP/JMD: 1 LOOP = 3.35 JMD; 2025/04/29 20:02:33
In the past 1D, Loop Network has changed +20.38% to JMD. Based on the trend and price charts, Loop Network(LOOP) has changed +20.38% to JMD while Jamaican Dollar(JMD) has changed % to LOOP in the last 24 hours.
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LOOP to JMD conversion data: Volatility and price changes of Loop Network in JMD

The highest Loop Network price in JMD over the past 7 days was 3.51 JMD while the lowest Loop Network price in JMD over the past 7 days was 2.51 JMD. The relative change between the highs and lows in Loop Network price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and LOOP 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
3.51 JMD
3.51 JMD
3.51 JMD
4.24 JMD
Low
2.77 JMD
2.51 JMD
2.04 JMD
2.04 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+20.38%
+32.34%
+20.19%
-8.01%

Loop Network information

LOOP to JMD market statistics

LOOP/JMD:
$3.35
LOOP 24h volume:
$6,360,455.05
LOOP market cap:
--
LOOP circulating supply:
0 LOOP

Current LOOP to JMD exchange rate

Loop Network to Jamaican Dollar is rising this week.
Loop Network's current market price is $3.35 per LOOP, with a total market cap of $0 JMD based on a circulating supply of -- LOOP. The trading volume of Loop Network has changed by +73.48% ($2,694,087.33 JMD) in the last 24 hours. Last trading day, LOOP's trading volume was $3,666,367.72.

More info about Loop Network 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 Loop Network currency pair is the LOOP to JMD, with for Loop Network's currency code being LOOP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert LOOP to JMD

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Convert LOOP to JMD
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Bitget P2P trading does not currently support direct buying of LOOP with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy LOOP with USDT via Bitget spot market.
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LOOP to JMD Conversion tables

The exchange rate of Loop Network is increasing.
The exchange rate of 1 LOOP to Jamaican Dollar has changed by +32.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by +20.38%, reaching a high of 3.51 JMD and a low of 2.77 JMD . One month ago, the value of 1 LOOP was $2.78 JMD , which represents a +20.19% change from its current value. Over the last year, Loop Network has changed by
-$
5.99JMD
, resulting in a change of -64.01% in its value.
24 hours ago1 month ago1 year ago
Amount20:02 today24 hours ago24h change
0.5 LOOP$1.67$1.39
+20.38%
1 LOOP$3.35$2.78
+20.38%
5 LOOP$16.73$13.88
+20.38%
10 LOOP$33.47$27.77
+20.38%
50 LOOP$167.35$138.85
+20.38%
100 LOOP$334.7$277.69
+20.38%
500 LOOP$1,673.49$1,388.47
+20.38%
1000 LOOP$3,346.98$2,776.94
+20.38%

LOOP to JMD FAQ

How much is 1 Loop Network in JMD?
Right now, the price of 1 Loop Network (LOOP) in Jamaican Dollar (JMD) is $3.35.
How much LOOP can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.2988 LOOP for 1 JMD.
How do I calculate or convert LOOP to JMD?
You can use our LOOP to JMD calculator at the top of this page to convert any amount of LOOP to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 1.49 LOOP, while 5 LOOP will cost around 16.73JMD.
What is the highest price of LOOP/JMD in history?
The all-time high price of 1 LOOP in JMD is $45.63. It remains to be seen if the value of 1 LOOP/JMD will exceed the current all-time high.
What is the price trend of Loop Network in JMD?
Over the past 7 days, the exchange rate of Loop Network (LOOP) has gone up by 32.34%.   Over the last month, the exchange rate of Loop Network (LOOP) has gone up by 20.19% against Jamaican Dollar (JMD).

What factors influence the conversion rate of LOOP to JMD?

There are many factors that affect the relationship between Loop Network 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 LOOP/JMD. When there is positive news in the market about the widespread adoption of LOOP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LOOP/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LOOP/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 LOOP/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 Loop Network 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.