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L2DAO to JMD Converter and calculator

L2DAO/JMD: 1 L2DAO = 0.01898 JMD. The price of converting 1 Layer2DAO (L2DAO) to Jamaican Dollar (JMD) is 0.01898 JMD today.
L2DAO
L2DAO
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides L2DAO to JMD real-time exchange rates, making it easy to convert Layer2DAO (L2DAO) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 L2DAO is currently valued at 0.02 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 L2DAO is currently valued at 0.02 JMD, which means buying 5 L2DAO would cost 0.09 JMD. Similarly, $1 JMD can be converted to 52.7 L2DAO, and $50 JMD can be converted to 263.49 L2DAO, excluding any platform or gas fees.

Convert L2DAO to JMD

Convert JMD to L2DAO

Layer2DAO
Jamaican Dollar
1000 L2DAO
18.98  JMD
5000 L2DAO
94.88  JMD
10000 L2DAO
189.76  JMD
In the table above, you'll find a comprehensive L2DAO to JMD converter that shows the value of Layer2DAO in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 L2DAO to JMD, all the way up to 10000 L2DAO, providing a clear view of their respective values.
Jamaican Dollar
Layer2DAO
200 JMD
10,539.67 L2DAO
500 JMD
26,349.16 L2DAO
1000 JMD
52,698.33 L2DAO
2000 JMD
105,396.65 L2DAO
5000 JMD
263,491.63 L2DAO
10000 JMD
526,983.26 L2DAO
50000 JMD
2,634,916.28 L2DAO
100000 JMD
5,269,832.57 L2DAO
In the table above, you'll find a comprehensive JMD to L2DAO converter that shows the value of Jamaican Dollar in Layer2DAO across commonly used conversion amounts. The list covers conversions from 1 JMD to L2DAO, all the way up to 100000 JMD, providing a clear view of their respective values.

L2DAO to JMD chart

L2DAO/JMD: 1 L2DAO = 0.01898 JMD; 2025/04/27 18:55:48
In the past 1D, Layer2DAO has changed +6.16% to JMD. Based on the trend and price charts, Layer2DAO(L2DAO) has changed +6.16% to JMD while Jamaican Dollar(JMD) has changed % to L2DAO in the last 24 hours.
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L2DAO to JMD conversion data: Volatility and price changes of Layer2DAO in JMD

The highest Layer2DAO price in JMD over the past 7 days was 0.01903 JMD while the lowest Layer2DAO price in JMD over the past 7 days was 0.01637 JMD. The relative change between the highs and lows in Layer2DAO price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and L2DAO 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
0.01903 JMD
0.01903 JMD
0.02220 JMD
0.03651 JMD
Low
0.01898 JMD
0.01637 JMD
0.01467 JMD
0.01467 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+6.16%
+16.69%
-22.47%
-45.11%

Layer2DAO information

L2DAO to JMD market statistics

L2DAO/JMD:
$0.01898
L2DAO 24h volume:
--
L2DAO market cap:
--
L2DAO circulating supply:
0 L2DAO

Current L2DAO to JMD exchange rate

Layer2DAO to Jamaican Dollar is rising this week.
Layer2DAO's current market price is $0.01898 per L2DAO, with a total market cap of $0 JMD based on a circulating supply of -- L2DAO. The trading volume of Layer2DAO has changed by -100.00% ($-- JMD) in the last 24 hours. Last trading day, L2DAO's trading volume was $--.

More info about Layer2DAO 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 Layer2DAO currency pair is the L2DAO to JMD, with for Layer2DAO's currency code being L2DAO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert L2DAO to JMD

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Convert L2DAO to JMD
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L2DAO to JMD Conversion tables

The exchange rate of Layer2DAO is decreasing.
The exchange rate of 1 L2DAO to Jamaican Dollar has changed by +16.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.16%, reaching a high of 0.01903 JMD and a low of 0.01898 JMD . One month ago, the value of 1 L2DAO was $0.02448 JMD , which represents a -22.47% change from its current value. Over the last year, Layer2DAO has changed by
-$
0.2896JMD
, resulting in a change of -93.85% in its value.
24 hours ago1 month ago1 year ago
Amount18:55 today24 hours ago24h change
0.5 L2DAO$0.009488$0.008937
+6.16%
1 L2DAO$0.01898$0.01787
+6.16%
5 L2DAO$0.09488$0.08937
+6.16%
10 L2DAO$0.1898$0.1787
+6.16%
50 L2DAO$0.9488$0.8937
+6.16%
100 L2DAO$1.9$1.79
+6.16%
500 L2DAO$9.49$8.94
+6.16%
1000 L2DAO$18.98$17.87
+6.16%

L2DAO to JMD FAQ

How much is 1 Layer2DAO in JMD?
Right now, the price of 1 Layer2DAO (L2DAO) in Jamaican Dollar (JMD) is $0.01898.
How much L2DAO can I buy for 1 JMD?
Based on the current exchange rate, you can get 52.7 L2DAO for 1 JMD.
How do I calculate or convert L2DAO to JMD?
You can use our L2DAO to JMD calculator at the top of this page to convert any amount of L2DAO to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 263.49 L2DAO, while 5 L2DAO will cost around 0.09488JMD.
What is the highest price of L2DAO/JMD in history?
The all-time high price of 1 L2DAO in JMD is $4.03. It remains to be seen if the value of 1 L2DAO/JMD will exceed the current all-time high.
What is the price trend of Layer2DAO in JMD?
Over the past 7 days, the exchange rate of Layer2DAO (L2DAO) has gone up by 16.69%.   Over the last month, the exchange rate of Layer2DAO (L2DAO) has gone down by 22.47% against Jamaican Dollar (JMD).

What factors influence the conversion rate of L2DAO to JMD?

There are many factors that affect the relationship between Layer2DAO 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 L2DAO/JMD. When there is positive news in the market about the widespread adoption of L2DAO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of L2DAO/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in L2DAO/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 L2DAO/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 Layer2DAO 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.