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MILK to JMD Converter and calculator

MILK/JMD: 1 MILK = 18.18 JMD. The price of converting 1 MilkyWay (MILK) to Jamaican Dollar (JMD) is 18.18 JMD today.
MILK
MILK
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MILK to JMD real-time exchange rates, making it easy to convert MilkyWay (MILK) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MILK is currently valued at 18.18 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MILK is currently valued at 18.18 JMD, which means buying 5 MILK would cost 90.90 JMD. Similarly, $1 JMD can be converted to 0.05500 MILK, and $50 JMD can be converted to 0.2750 MILK, excluding any platform or gas fees.

Convert MILK to JMD

Convert JMD to MILK

MilkyWay
Jamaican Dollar
100 MILK
1,818.08  JMD
200 MILK
3,636.16  JMD
500 MILK
9,090.4  JMD
1000 MILK
18,180.79  JMD
5000 MILK
90,903.95  JMD
10000 MILK
181,807.9  JMD
In the table above, you'll find a comprehensive MILK to JMD converter that shows the value of MilkyWay in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MILK to JMD, all the way up to 10000 MILK, providing a clear view of their respective values.
Jamaican Dollar
MilkyWay
50000 JMD
2,750.16 MILK
100000 JMD
5,500.31 MILK
In the table above, you'll find a comprehensive JMD to MILK converter that shows the value of Jamaican Dollar in MilkyWay across commonly used conversion amounts. The list covers conversions from 1 JMD to MILK, all the way up to 100000 JMD, providing a clear view of their respective values.

MILK to JMD chart

MILK/JMD: 1 MILK = 18.18 JMD; 2025/04/29 18:13:23
In the past 1D, MilkyWay has changed -48.18% to JMD. Based on the trend and price charts, MilkyWay(MILK) has changed -48.18% to JMD while Jamaican Dollar(JMD) has changed % to MILK in the last 24 hours.
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MILK to JMD conversion data: Volatility and price changes of MilkyWay in JMD

The highest MilkyWay price in JMD over the past 7 days was 46.01 JMD while the lowest MilkyWay price in JMD over the past 7 days was 16.45 JMD. The relative change between the highs and lows in MilkyWay price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MILK 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
46.01 JMD
46.01 JMD
46.01 JMD
46.01 JMD
Low
16.45 JMD
16.45 JMD
16.45 JMD
16.45 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-48.18%
-49.83%
-48.08%
-48.09%

MilkyWay information

MILK to JMD market statistics

MILK/JMD:
$18.18
MILK 24h volume:
$7,131,901,948.46
MILK market cap:
$4,343,390,791.94
MILK circulating supply:
238.90M MILK

Current MILK to JMD exchange rate

MilkyWay to Jamaican Dollar is rising this week.
MilkyWay's current market price is $18.18 per MILK, with a total market cap of $4,343,390,791.94 JMD based on a circulating supply of 238,900,000 MILK. The trading volume of MilkyWay has changed by +44117.17% ($7,115,772,689.91 JMD) in the last 24 hours. Last trading day, MILK's trading volume was $16,129,258.55.

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

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How to convert MILK to JMD

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

The exchange rate of MilkyWay is increasing.
The exchange rate of 1 MILK to Jamaican Dollar has changed by -49.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by -48.18%, reaching a high of 46.01 JMD and a low of 16.45 JMD . One month ago, the value of 1 MILK was $-0.37 JMD , which represents a -48.08% change from its current value. Over the last year, MilkyWay has changed by
+$
18.55JMD
, resulting in a change of +73329.16% in its value.
24 hours ago1 month ago1 year ago
Amount18:13 today24 hours ago24h change
0.5 MILK$9.09$17.71
-48.18%
1 MILK$18.18$35.43
-48.18%
5 MILK$90.9$177.13
-48.18%
10 MILK$181.81$354.27
-48.18%
50 MILK$909.04$1,771.33
-48.18%
100 MILK$1,818.08$3,542.66
-48.18%
500 MILK$9,090.4$17,713.31
-48.18%
1000 MILK$18,180.79$35,426.62
-48.18%

MILK to JMD FAQ

How much is 1 MilkyWay in JMD?
Right now, the price of 1 MilkyWay (MILK) in Jamaican Dollar (JMD) is $18.18.
How much MILK can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.05500 MILK for 1 JMD.
How do I calculate or convert MILK to JMD?
You can use our MILK to JMD calculator at the top of this page to convert any amount of MILK to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.2750 MILK, while 5 MILK will cost around 90.9JMD.
What is the highest price of MILK/JMD in history?
The all-time high price of 1 MILK in JMD is $46.01. It remains to be seen if the value of 1 MILK/JMD will exceed the current all-time high.
What is the price trend of MilkyWay in JMD?
Over the past 7 days, the exchange rate of MilkyWay (MILK) has gone down by 49.83%.   Over the last month, the exchange rate of MilkyWay (MILK) has gone down by 48.08% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MILK to JMD?

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