OTX
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 Open Trade Exchange(OTX) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 OTX at a value of 1 OTX for 0.06 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 Open Trade Exchange currency pair is the OTX to JMD, with for Open Trade Exchange's currency code being OTX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
OTX to JMD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Open Trade Exchange has changed +6.91% to JMD. Based on the trend and price charts, Open Trade Exchange(OTX) has changed +6.91% to JMD while Jamaican Dollar(JMD) has changed % to OTX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.05505 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/17 08:33:30(UTC+0)
How to buy Open Trade Exchange
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 Open Trade Exchange (OTX)
Use a variety of payment options to buy Open Trade Exchange on Bitget. We'll show you how.
Buy OTX (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of OTX with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy OTX with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell OTX (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of OTX to JMD. However, you can first exchange OTX 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Open Trade Exchange to Jamaican Dollar?
Open Trade Exchange to Jamaican Dollar is rising this week.Open Trade Exchange's current market price is $ 0.05885 per OTX, with a total market cap of $ 0 JMD based on a circulating supply of -- OTX. The trading volume of Open Trade Exchange has changed by -72.89% ($ -173,406.90 JMD) in the last 24 hours. Last trading day, OTX's trading volume was $ 237,906.42.
Market cap
$0
24h volume
$404.91706853
Circulating supply
0 OTX
Conversion tables
The exchange rate of Open Trade Exchange is increasing.1 OTX is currently valued at $ 0.05885 JMD , which means buying 5 OTX will cost $ 0.2942 JMD . Similarly, $1 JMD can be traded for 16.99 OTX, and $50 JMD can be converted to 849.63 OTX, excluding any platform or gas fees.
The exchange rate of 1 OTX to Jamaican Dollar has changed by +49.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.91%, reaching a high of 0.05885 JMD and a low of 0.05505 JMD . One month ago, the value of 1 OTX was $ 0.03852 JMD , which represents a +52.79% change from its current value. Over the last year, Open Trade Exchange has changed by , resulting in a change of -99.99% in its value.
+$
0.05885JMDOTX to JMD
Amount
16:21 today
0.5 OTX
$0.02942
1 OTX
$0.05885
5 OTX
$0.2942
10 OTX
$0.5885
50 OTX
$2.94
100 OTX
$5.88
500 OTX
$29.42
1000 OTX
$58.85
JMD to OTX
Amount16:21 today
0.5JMD8.5 OTX
1JMD16.99 OTX
5JMD84.96 OTX
10JMD169.93 OTX
50JMD849.63 OTX
100JMD1,699.26 OTX
500JMD8,496.32 OTX
1000JMD16,992.64 OTX
Today vs. 24 hours ago
| Amount | 16:21 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OTX | $0.0001847 | $0.0001728 | +6.91% |
| 1 OTX | $0.0003694 | $0.0003456 | +6.91% |
| 5 OTX | $0.001847 | $0.001728 | +6.91% |
| 10 OTX | $0.003694 | $0.003456 | +6.91% |
| 50 OTX | $0.01847 | $0.01728 | +6.91% |
| 100 OTX | $0.03694 | $0.03456 | +6.91% |
| 500 OTX | $0.1847 | $0.1728 | +6.91% |
| 1000 OTX | $0.3694 | $0.3456 | +6.91% |
Today vs. 1 month ago
| Amount | 16:21 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OTX | $0.0001847 | $0.0001209 | +52.79% |
| 1 OTX | $0.0003694 | $0.0002418 | +52.79% |
| 5 OTX | $0.001847 | $0.001209 | +52.79% |
| 10 OTX | $0.003694 | $0.002418 | +52.79% |
| 50 OTX | $0.01847 | $0.01209 | +52.79% |
| 100 OTX | $0.03694 | $0.02418 | +52.79% |
| 500 OTX | $0.1847 | $0.1209 | +52.79% |
| 1000 OTX | $0.3694 | $0.2418 | +52.79% |
Today vs. 1 year ago
| Amount | 16:21 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OTX | $0.0001847 | $0.00 | -99.99% |
| 1 OTX | $0.0003694 | $0.00 | -99.99% |
| 5 OTX | $0.001847 | $0.00 | -99.99% |
| 10 OTX | $0.003694 | $0.00 | -99.99% |
| 50 OTX | $0.01847 | $0.00 | -99.99% |
| 100 OTX | $0.03694 | $0.00 | -99.99% |
| 500 OTX | $0.1847 | $0.00 | -99.99% |
| 1000 OTX | $0.3694 | $0.00 | -99.99% |
Open Trade Exchange price prediction
What will the price of OTX be in 2025?
Based on OTX's historical price performance prediction model, the price of OTX is projected to reach $0.2517 in 2025.
What will the price of OTX be in 2030?
In 2030, the OTX price is expected to change by +8.00%. By the end of 2030, the OTX price is projected to reach $0.4685, with a cumulative ROI of +189016.27%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Open Trade Exchange conversions
Check out these popular currency conversions of Open Trade Exchange to several fiat currencies.
Open Trade Exchange to USD
1 OTX to $ 0.0003694 USD
Open Trade Exchange to GBP
1 OTX to £ 0.0002928 GBP
Open Trade Exchange to EUR
1 OTX to € 0.0003503 EUR
Open Trade Exchange to KRW
1 OTX to ₩ 0.5157 KRW
Open Trade Exchange to CAD
1 OTX to $ 0.0005210 CAD
Open Trade Exchange to AUD
1 OTX to $ 0.0005718 AUD
Open Trade Exchange to JPY
1 OTX to ¥ 0.05702 JPY
Open Trade Exchange to BRL
1 OTX to R$ 0.002142 BRL
Open Trade Exchange to CNY
1 OTX to ¥ 0.002673 CNY
Open Trade Exchange to TWD
1 OTX to NT$ 0.01200 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Open Trade Exchange.
XRP to JMD
1 XRP to $ 172.14 JMD
Cardano to JMD
1 ADA to $ 115.84 JMD
GOGGLES to JMD
1 GOGLZ to $ -- JMD
FLOKI to JMD
1 FLOKI to $ 0.04285 JMD
Pepe to JMD
1 PEPE to $ 0.003404 JMD
Dogecoin to JMD
1 DOGE to $ 57.72 JMD
Stellar to JMD
1 XLM to $ 31.41 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 240.97 JMD
Bitcoin to JMD
1 BTC to $ 14,369,966.08 JMD
Bonk to JMD
1 BONK to $ 0.008461 JMD
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Open Trade Exchange 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 Open Trade Exchange 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 Open Trade Exchange 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.
