ALY
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 ALLY(ALY) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 ALY at a value of 1 ALY for 0.07 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 ALLY currency pair is the ALY to JMD, with for ALLY's currency code being ALY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
ALY to JMD conversion rate trend
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In the past 1D, ALLY has changed +22.44% to JMD. Based on the trend and price charts, ALLY(ALY) has changed +22.44% to JMD while Jamaican Dollar(JMD) has changed % to ALY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.06720 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.06720 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/06 08:00:17(UTC+0)
How to buy ALLY
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 ALLY (ALY)
Use a variety of payment options to buy ALLY on Bitget. We'll show you how.
Buy ALY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of ALY with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy ALY 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 ALY (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of ALY to JMD. However, you can first exchange ALY 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 ALLY to Jamaican Dollar?
ALLY to Jamaican Dollar is falling this week.ALLY's current market price is $ 0.06721 per ALY, with a total market cap of $ 154,585,276.95 JMD based on a circulating supply of 2,300,000,000 ALY. The trading volume of ALLY has changed by -50.46% ($ -32,177.54 JMD) in the last 24 hours. Last trading day, ALY's trading volume was $ 63,767.79.
Market cap
$977.49K
24h volume
$199.75391663
Circulating supply
2.30B ALY
Conversion tables
The exchange rate of ALLY is decreasing.1 ALY is currently valued at $ 0.06721 JMD , which means buying 5 ALY will cost $ 0.3361 JMD . Similarly, $1 JMD can be traded for 14.88 ALY, and $50 JMD can be converted to 743.93 ALY, excluding any platform or gas fees.
The exchange rate of 1 ALY to Jamaican Dollar has changed by -0.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by +22.44%, reaching a high of 0.06723 JMD and a low of 0.05488 JMD . One month ago, the value of 1 ALY was $ 0.07439 JMD , which represents a -9.65% change from its current value. Over the last year, ALLY has changed by , resulting in a change of -34.31% in its value.
-$
0.03510JMDALY to JMD
Amount
08:46 am today
0.5 ALY
$0.03361
1 ALY
$0.06721
5 ALY
$0.3361
10 ALY
$0.6721
50 ALY
$3.36
100 ALY
$6.72
500 ALY
$33.61
1000 ALY
$67.21
JMD to ALY
Amount08:46 am today
0.5JMD7.44 ALY
1JMD14.88 ALY
5JMD74.39 ALY
10JMD148.79 ALY
50JMD743.93 ALY
100JMD1,487.85 ALY
500JMD7,439.26 ALY
1000JMD14,878.52 ALY
Today vs. 24 hours ago
| Amount | 08:46 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ALY | $0.0002125 | $0.0001736 | +22.44% |
| 1 ALY | $0.0004250 | $0.0003471 | +22.44% |
| 5 ALY | $0.002125 | $0.001736 | +22.44% |
| 10 ALY | $0.004250 | $0.003471 | +22.44% |
| 50 ALY | $0.02125 | $0.01736 | +22.44% |
| 100 ALY | $0.04250 | $0.03471 | +22.44% |
| 500 ALY | $0.2125 | $0.1736 | +22.44% |
| 1000 ALY | $0.4250 | $0.3471 | +22.44% |
Today vs. 1 month ago
| Amount | 08:46 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ALY | $0.0002125 | $0.0002352 | -9.65% |
| 1 ALY | $0.0004250 | $0.0004704 | -9.65% |
| 5 ALY | $0.002125 | $0.002352 | -9.65% |
| 10 ALY | $0.004250 | $0.004704 | -9.65% |
| 50 ALY | $0.02125 | $0.02352 | -9.65% |
| 100 ALY | $0.04250 | $0.04704 | -9.65% |
| 500 ALY | $0.2125 | $0.2352 | -9.65% |
| 1000 ALY | $0.4250 | $0.4704 | -9.65% |
Today vs. 1 year ago
| Amount | 08:46 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ALY | $0.0002125 | $0.0003235 | -34.31% |
| 1 ALY | $0.0004250 | $0.0006470 | -34.31% |
| 5 ALY | $0.002125 | $0.003235 | -34.31% |
| 10 ALY | $0.004250 | $0.006470 | -34.31% |
| 50 ALY | $0.02125 | $0.03235 | -34.31% |
| 100 ALY | $0.04250 | $0.06470 | -34.31% |
| 500 ALY | $0.2125 | $0.3235 | -34.31% |
| 1000 ALY | $0.4250 | $0.6470 | -34.31% |
ALLY price prediction
What will the price of ALY be in 2025?
Based on ALY's historical price performance prediction model, the price of ALY is projected to reach $0.0004530 in 2025.
What will the price of ALY be in 2030?
In 2030, the ALY price is expected to change by +1.00%. By the end of 2030, the ALY price is projected to reach $0.0006076, with a cumulative ROI of +56.00%.
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Popular ALLY conversions
Check out these popular currency conversions of ALLY to several fiat currencies.
ALLY to USD
1 ALY to $ 0.0004250 USD
ALLY to GBP
1 ALY to £ 0.0003304 GBP
ALLY to EUR
1 ALY to € 0.0003965 EUR
ALLY to KRW
1 ALY to ₩ 0.5939 KRW
ALLY to CAD
1 ALY to $ 0.0005920 CAD
ALLY to AUD
1 ALY to $ 0.0006505 AUD
ALLY to JPY
1 ALY to ¥ 0.06549 JPY
ALLY to BRL
1 ALY to R$ 0.002521 BRL
ALLY to CNY
1 ALY to ¥ 0.003030 CNY
ALLY to TWD
1 ALY to NT$ 0.01371 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in ALLY.
Bitcoin to JMD
1 BTC to $ 11,574,808.13 JMD
Super Trump Coin to JMD
1 STRUMP to $ 0.6069 JMD
X Empire to JMD
1 X to $ 0.01172 JMD
Dogecoin to JMD
1 DOGE to $ 30.49 JMD
Grass to JMD
1 GRASS to $ -- JMD
Solana to JMD
1 SOL to $ 28,813.5 JMD
Ethereum to JMD
1 ETH to $ 409,307.08 JMD
Sui to JMD
1 SUI to $ 348.27 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 15.42 JMD
Pepe to JMD
1 PEPE to $ 0.001450 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 ALLY 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 ALLY 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 ALLY 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.
