MFERS
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 MFERS(MFERS) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MFERS at a value of 1 MFERS for 0.13 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 MFERS currency pair is the MFERS to JMD, with for MFERS's currency code being MFERS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MFERS to JMD conversion rate trend
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In the past 1D, MFERS has changed +7.06% to JMD. Based on the trend and price charts, MFERS(MFERS) has changed +7.06% to JMD while Jamaican Dollar(JMD) has changed % to MFERS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.1316 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/17 16:33:48(UTC+0)
How to buy MFERS
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 MFERS (MFERS)
Use a variety of payment options to buy MFERS on Bitget. We'll show you how.
Buy MFERS (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MFERS with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MFERS 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 MFERS (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MFERS to JMD. However, you can first exchange MFERS 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 MFERS to Jamaican Dollar?
MFERS to Jamaican Dollar is rising this week.MFERS's current market price is $ 0.1316 per MFERS, with a total market cap of $ 0 JMD based on a circulating supply of -- MFERS. The trading volume of MFERS has changed by +1109.63% ($ 135,896.77 JMD) in the last 24 hours. Last trading day, MFERS's trading volume was $ 12,247.08.
Market cap
$0
24h volume
$930.02193116
Circulating supply
0 MFERS
Conversion tables
The exchange rate of MFERS is decreasing.1 MFERS is currently valued at $ 0.1316 JMD , which means buying 5 MFERS will cost $ 0.6578 JMD . Similarly, $1 JMD can be traded for 7.6 MFERS, and $50 JMD can be converted to 380.06 MFERS, excluding any platform or gas fees.
The exchange rate of 1 MFERS to Jamaican Dollar has changed by +3.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.06%, reaching a high of 0.1316 JMD and a low of 0.1223 JMD . One month ago, the value of 1 MFERS was $ 0.2982 JMD , which represents a -55.88% change from its current value. Over the last year, MFERS has changed by , resulting in a change of -73.77% in its value.
+$
0.1316JMDMFERS to JMD
Amount
18:08 today
0.5 MFERS
$0.06578
1 MFERS
$0.1316
5 MFERS
$0.6578
10 MFERS
$1.32
50 MFERS
$6.58
100 MFERS
$13.16
500 MFERS
$65.78
1000 MFERS
$131.56
JMD to MFERS
Amount18:08 today
0.5JMD3.8 MFERS
1JMD7.6 MFERS
5JMD38.01 MFERS
10JMD76.01 MFERS
50JMD380.06 MFERS
100JMD760.13 MFERS
500JMD3,800.63 MFERS
1000JMD7,601.26 MFERS
Today vs. 24 hours ago
| Amount | 18:08 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MFERS | $0.0004129 | $0.0003857 | +7.06% |
| 1 MFERS | $0.0008259 | $0.0007714 | +7.06% |
| 5 MFERS | $0.004129 | $0.003857 | +7.06% |
| 10 MFERS | $0.008259 | $0.007714 | +7.06% |
| 50 MFERS | $0.04129 | $0.03857 | +7.06% |
| 100 MFERS | $0.08259 | $0.07714 | +7.06% |
| 500 MFERS | $0.4129 | $0.3857 | +7.06% |
| 1000 MFERS | $0.8259 | $0.7714 | +7.06% |
Today vs. 1 month ago
| Amount | 18:08 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MFERS | $0.0004129 | $0.0009361 | -55.88% |
| 1 MFERS | $0.0008259 | $0.001872 | -55.88% |
| 5 MFERS | $0.004129 | $0.009361 | -55.88% |
| 10 MFERS | $0.008259 | $0.01872 | -55.88% |
| 50 MFERS | $0.04129 | $0.09361 | -55.88% |
| 100 MFERS | $0.08259 | $0.1872 | -55.88% |
| 500 MFERS | $0.4129 | $0.9361 | -55.88% |
| 1000 MFERS | $0.8259 | $1.87 | -55.88% |
Today vs. 1 year ago
| Amount | 18:08 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MFERS | $0.0004129 | $0.00 | -73.77% |
| 1 MFERS | $0.0008259 | $0.00 | -73.77% |
| 5 MFERS | $0.004129 | $0.00 | -73.77% |
| 10 MFERS | $0.008259 | $0.00 | -73.77% |
| 50 MFERS | $0.04129 | $0.00 | -73.77% |
| 100 MFERS | $0.08259 | $0.00 | -73.77% |
| 500 MFERS | $0.4129 | $0.00 | -73.77% |
| 1000 MFERS | $0.8259 | $0.00 | -73.77% |
MFERS price prediction
What will the price of MFERS be in 2025?
Based on MFERS's historical price performance prediction model, the price of MFERS is projected to reach $0.001709 in 2025.
What will the price of MFERS be in 2030?
In 2030, the MFERS price is expected to change by +10.00%. By the end of 2030, the MFERS price is projected to reach $0.003195, with a cumulative ROI of +296.72%.
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Popular MFERS conversions
Check out these popular currency conversions of MFERS to several fiat currencies.
MFERS to USD
1 MFERS to $ 0.0008259 USD
MFERS to GBP
1 MFERS to £ 0.0006545 GBP
MFERS to EUR
1 MFERS to € 0.0007832 EUR
MFERS to KRW
1 MFERS to ₩ 1.15 KRW
MFERS to CAD
1 MFERS to $ 0.001165 CAD
MFERS to AUD
1 MFERS to $ 0.001278 AUD
MFERS to JPY
1 MFERS to ¥ 0.1275 JPY
MFERS to BRL
1 MFERS to R$ 0.004788 BRL
MFERS to CNY
1 MFERS to ¥ 0.005977 CNY
MFERS to TWD
1 MFERS to NT$ 0.02682 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in MFERS.
XRP to JMD
1 XRP to $ 170.42 JMD
Cardano to JMD
1 ADA to $ 118.37 JMD
GOGGLES to JMD
1 GOGLZ to $ -- JMD
FLOKI to JMD
1 FLOKI to $ 0.04253 JMD
Pepe to JMD
1 PEPE to $ 0.003540 JMD
Dogecoin to JMD
1 DOGE to $ 58.5 JMD
Stellar to JMD
1 XLM to $ 31.11 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 260.77 JMD
Bitcoin to JMD
1 BTC to $ 14,433,133.76 JMD
Bonk to JMD
1 BONK to $ 0.008148 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 MFERS 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 MFERS 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 MFERS 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.
