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PAAL to JMD Converter and calculator

PAAL/JMD: 1 PAAL = 23.52 JMD. The price of converting 1 PAAL AI (PAAL) to Jamaican Dollar (JMD) is 23.52 JMD today.
PAAL
PAAL
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PAAL to JMD real-time exchange rates, making it easy to convert PAAL AI (PAAL) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 PAAL is currently valued at 23.52 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PAAL is currently valued at 23.52 JMD, which means buying 5 PAAL would cost 117.61 JMD. Similarly, $1 JMD can be converted to 0.04251 PAAL, and $50 JMD can be converted to 0.2126 PAAL, excluding any platform or gas fees.

Convert PAAL to JMD

Convert JMD to PAAL

PAAL AI
Jamaican Dollar
50 PAAL
1,176.13  JMD
100 PAAL
2,352.26  JMD
200 PAAL
4,704.51  JMD
500 PAAL
11,761.28  JMD
1000 PAAL
23,522.56  JMD
5000 PAAL
117,612.82  JMD
10000 PAAL
235,225.64  JMD
In the table above, you'll find a comprehensive PAAL to JMD converter that shows the value of PAAL AI in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 PAAL to JMD, all the way up to 10000 PAAL, providing a clear view of their respective values.
Jamaican Dollar
PAAL AI
50000 JMD
2,125.62 PAAL
100000 JMD
4,251.24 PAAL
In the table above, you'll find a comprehensive JMD to PAAL converter that shows the value of Jamaican Dollar in PAAL AI across commonly used conversion amounts. The list covers conversions from 1 JMD to PAAL, all the way up to 100000 JMD, providing a clear view of their respective values.

PAAL to JMD chart

PAAL/JMD: 1 PAAL = 23.52 JMD; 2025/04/29 17:24:23
In the past 1D, PAAL AI has changed -0.35% to JMD. Based on the trend and price charts, PAAL AI(PAAL) has changed -0.35% to JMD while Jamaican Dollar(JMD) has changed % to PAAL in the last 24 hours.
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PAAL to JMD conversion data: Volatility and price changes of PAAL AI in JMD

The highest PAAL AI price in JMD over the past 7 days was 26.81 JMD while the lowest PAAL AI price in JMD over the past 7 days was 22.9 JMD. The relative change between the highs and lows in PAAL AI price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and PAAL 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
24.61 JMD
26.81 JMD
26.81 JMD
42.41 JMD
Low
23.11 JMD
22.9 JMD
12.7 JMD
11.18 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-0.35%
+5.67%
+42.56%
-37.51%

PAAL AI information

PAAL to JMD market statistics

PAAL/JMD:
$23.52
PAAL 24h volume:
$1,328,869,147.86
PAAL market cap:
$20,811,860,892.61
PAAL circulating supply:
884.76M PAAL

Current PAAL to JMD exchange rate

PAAL AI to Jamaican Dollar is rising this week.
PAAL AI's current market price is $23.52 per PAAL, with a total market cap of $20,811,860,892.61 JMD based on a circulating supply of 884,761,600 PAAL. The trading volume of PAAL AI has changed by -9.94% ($-146,619,285.64 JMD) in the last 24 hours. Last trading day, PAAL's trading volume was $1,475,488,433.5.

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

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How to convert PAAL to JMD

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PAAL to JMD Conversion tables

The exchange rate of PAAL AI is increasing.
The exchange rate of 1 PAAL to Jamaican Dollar has changed by +5.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.35%, reaching a high of 24.61 JMD and a low of 23.11 JMD . One month ago, the value of 1 PAAL was $16.52 JMD , which represents a +42.56% change from its current value. Over the last year, PAAL AI has changed by
-$
30.12JMD
, resulting in a change of -56.21% in its value.
24 hours ago1 month ago1 year ago
Amount17:24 today24 hours ago24h change
0.5 PAAL$11.76$11.8
-0.35%
1 PAAL$23.52$23.61
-0.35%
5 PAAL$117.61$118.03
-0.35%
10 PAAL$235.23$236.05
-0.35%
50 PAAL$1,176.13$1,180.27
-0.35%
100 PAAL$2,352.26$2,360.53
-0.35%
500 PAAL$11,761.28$11,802.66
-0.35%
1000 PAAL$23,522.56$23,605.31
-0.35%

PAAL to JMD FAQ

How much is 1 PAAL AI in JMD?
Right now, the price of 1 PAAL AI (PAAL) in Jamaican Dollar (JMD) is $23.52.
How much PAAL can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.04251 PAAL for 1 JMD.
How do I calculate or convert PAAL to JMD?
You can use our PAAL to JMD calculator at the top of this page to convert any amount of PAAL to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.2126 PAAL, while 5 PAAL will cost around 117.61JMD.
What is the highest price of PAAL/JMD in history?
The all-time high price of 1 PAAL in JMD is $136.13. It remains to be seen if the value of 1 PAAL/JMD will exceed the current all-time high.
What is the price trend of PAAL AI in JMD?
Over the past 7 days, the exchange rate of PAAL AI (PAAL) has gone up by 5.67%.   Over the last month, the exchange rate of PAAL AI (PAAL) has gone up by 42.56% against Jamaican Dollar (JMD).

What factors influence the conversion rate of PAAL to JMD?

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