MONKAS
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 Monkas(MONKAS) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MONKAS at a value of 1 MONKAS for 0.00 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 Monkas currency pair is the MONKAS to JMD, with for Monkas's currency code being MONKAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MONKAS to JMD conversion rate trend
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In the past 1D, Monkas has changed -1.76% to JMD. Based on the trend and price charts, Monkas(MONKAS) has changed -1.76% to JMD while Jamaican Dollar(JMD) has changed % to MONKAS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.0002789 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:33:07(UTC+0)
How to buy Monkas
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Monkas (MONKAS)
Use a variety of payment options to buy Monkas on Bitget. We'll show you how.
Buy MONKAS (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MONKAS with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MONKAS 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 MONKAS (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MONKAS to JMD. However, you can first exchange MONKAS 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 Monkas to Jamaican Dollar?
Monkas to Jamaican Dollar is falling this week.Monkas's current market price is $ 0.0002817 per MONKAS, with a total market cap of $ 0 JMD based on a circulating supply of -- MONKAS. The trading volume of Monkas has changed by -39.86% ($ -641,004.97 JMD) in the last 24 hours. Last trading day, MONKAS's trading volume was $ 1,608,173.21.
Market cap
$0
24h volume
$6.19K
Circulating supply
0 MONKAS
Conversion tables
The exchange rate of Monkas is decreasing.1 MONKAS is currently valued at $ 0.0002817 JMD , which means buying 5 MONKAS will cost $ 0.001409 JMD . Similarly, $1 JMD can be traded for 3,549.43 MONKAS, and $50 JMD can be converted to 177,471.41 MONKAS, excluding any platform or gas fees.
The exchange rate of 1 MONKAS to Jamaican Dollar has changed by -32.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.76%, reaching a high of 0.0002964 JMD and a low of 0.0002789 JMD . One month ago, the value of 1 MONKAS was $ 0.0005564 JMD , which represents a -49.37% change from its current value. Over the last year, Monkas has changed by , resulting in a change of -65.60% in its value.
-$
0.0005373JMDMONKAS to JMD
Amount
20:32 today
0.5 MONKAS
$0.0001409
1 MONKAS
$0.0002817
5 MONKAS
$0.001409
10 MONKAS
$0.002817
50 MONKAS
$0.01409
100 MONKAS
$0.02817
500 MONKAS
$0.1409
1000 MONKAS
$0.2817
JMD to MONKAS
Amount20:32 today
0.5JMD1,774.71 MONKAS
1JMD3,549.43 MONKAS
5JMD17,747.14 MONKAS
10JMD35,494.28 MONKAS
50JMD177,471.41 MONKAS
100JMD354,942.81 MONKAS
500JMD1,774,714.06 MONKAS
1000JMD3,549,428.11 MONKAS
Today vs. 24 hours ago
| Amount | 20:32 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MONKAS | $0.{6}9013 | $0.{6}9175 | -1.76% |
| 1 MONKAS | $0.{5}1803 | $0.{5}1835 | -1.76% |
| 5 MONKAS | $0.{5}9013 | $0.{5}9175 | -1.76% |
| 10 MONKAS | $0.{4}1803 | $0.{4}1835 | -1.76% |
| 50 MONKAS | $0.{4}9013 | $0.{4}9175 | -1.76% |
| 100 MONKAS | $0.0001803 | $0.0001835 | -1.76% |
| 500 MONKAS | $0.0009013 | $0.0009175 | -1.76% |
| 1000 MONKAS | $0.001803 | $0.001835 | -1.76% |
Today vs. 1 month ago
| Amount | 20:32 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MONKAS | $0.{6}9013 | $0.{5}1780 | -49.37% |
| 1 MONKAS | $0.{5}1803 | $0.{5}3560 | -49.37% |
| 5 MONKAS | $0.{5}9013 | $0.{4}1780 | -49.37% |
| 10 MONKAS | $0.{4}1803 | $0.{4}3560 | -49.37% |
| 50 MONKAS | $0.{4}9013 | $0.0001780 | -49.37% |
| 100 MONKAS | $0.0001803 | $0.0003560 | -49.37% |
| 500 MONKAS | $0.0009013 | $0.001780 | -49.37% |
| 1000 MONKAS | $0.001803 | $0.003560 | -49.37% |
Today vs. 1 year ago
| Amount | 20:32 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MONKAS | $0.{6}9013 | $0.{5}2620 | -65.60% |
| 1 MONKAS | $0.{5}1803 | $0.{5}5241 | -65.60% |
| 5 MONKAS | $0.{5}9013 | $0.{4}2620 | -65.60% |
| 10 MONKAS | $0.{4}1803 | $0.{4}5241 | -65.60% |
| 50 MONKAS | $0.{4}9013 | $0.0002620 | -65.60% |
| 100 MONKAS | $0.0001803 | $0.0005241 | -65.60% |
| 500 MONKAS | $0.0009013 | $0.002620 | -65.60% |
| 1000 MONKAS | $0.001803 | $0.005241 | -65.60% |
Monkas price prediction
What will the price of MONKAS be in 2025?
Based on MONKAS's historical price performance prediction model, the price of MONKAS is projected to reach $0.{5}2988 in 2025.
What will the price of MONKAS be in 2030?
In 2030, the MONKAS price is expected to change by +4.00%. By the end of 2030, the MONKAS price is projected to reach $0.{5}3895, with a cumulative ROI of +91.87%.
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Popular Monkas conversions
Check out these popular currency conversions of Monkas to several fiat currencies.
Monkas to USD
1 MONKAS to $ 0.{5}1803 USD
Monkas to GBP
1 MONKAS to £ 0.{5}1439 GBP
Monkas to EUR
1 MONKAS to € 0.{5}1733 EUR
Monkas to KRW
1 MONKAS to ₩ 0.002621 KRW
Monkas to CAD
1 MONKAS to $ 0.{5}2591 CAD
Monkas to AUD
1 MONKAS to $ 0.{5}2886 AUD
Monkas to JPY
1 MONKAS to ¥ 0.0002833 JPY
Monkas to BRL
1 MONKAS to R$ 0.{4}1115 BRL
Monkas to CNY
1 MONKAS to ¥ 0.{4}1316 CNY
Monkas to TWD
1 MONKAS to NT$ 0.{4}5895 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Monkas.
Bitcoin to JMD
1 BTC to $ 14,510,056.48 JMD
Ethereum to JMD
1 ETH to $ 524,541.38 JMD
XRP to JMD
1 XRP to $ 343.86 JMD
Aave to JMD
1 AAVE to $ 56,073.82 JMD
BNB to JMD
1 BNB to $ 107,085.76 JMD
Chainlink to JMD
1 LINK to $ 3,670.37 JMD
Hedera to JMD
1 HBAR to $ 42.91 JMD
Solana to JMD
1 SOL to $ 29,539.77 JMD
Cardano to JMD
1 ADA to $ 140.58 JMD
Shiba Inu to JMD
1 SHIB to $ 0.003459 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 Monkas 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 Monkas 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 Monkas 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.
