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MFG to JMD Converter and calculator

MFG/JMD: 1 MFG = 0.2059 JMD. The price of converting 1 Smart MFG (MFG) to Jamaican Dollar (JMD) is 0.2059 JMD today.
MFG
MFG
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MFG to JMD real-time exchange rates, making it easy to convert Smart MFG (MFG) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MFG is currently valued at 0.21 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MFG is currently valued at 0.21 JMD, which means buying 5 MFG would cost 1.03 JMD. Similarly, $1 JMD can be converted to 4.86 MFG, and $50 JMD can be converted to 24.29 MFG, excluding any platform or gas fees.

Convert MFG to JMD

Convert JMD to MFG

Smart MFG
Jamaican Dollar
5000 MFG
1,029.36  JMD
10000 MFG
2,058.73  JMD
In the table above, you'll find a comprehensive MFG to JMD converter that shows the value of Smart MFG in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MFG to JMD, all the way up to 10000 MFG, providing a clear view of their respective values.
Jamaican Dollar
Smart MFG
10000 JMD
48,573.66 MFG
50000 JMD
242,868.32 MFG
100000 JMD
485,736.65 MFG
In the table above, you'll find a comprehensive JMD to MFG converter that shows the value of Jamaican Dollar in Smart MFG across commonly used conversion amounts. The list covers conversions from 1 JMD to MFG, all the way up to 100000 JMD, providing a clear view of their respective values.

MFG to JMD chart

MFG/JMD: 1 MFG = 0.2059 JMD; 2025/04/27 07:16:53
In the past 1D, Smart MFG has changed -1.10% to JMD. Based on the trend and price charts, Smart MFG(MFG) has changed -1.10% to JMD while Jamaican Dollar(JMD) has changed % to MFG in the last 24 hours.
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MFG to JMD conversion data: Volatility and price changes of Smart MFG in JMD

The highest Smart MFG price in JMD over the past 7 days was 0.2103 JMD while the lowest Smart MFG price in JMD over the past 7 days was 0.1773 JMD. The relative change between the highs and lows in Smart MFG price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MFG 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
0.2103 JMD
0.2103 JMD
0.4783 JMD
0.5237 JMD
Low
0.2059 JMD
0.1773 JMD
0.08038 JMD
0.06422 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-1.10%
+24.37%
-59.72%
+40.98%

Smart MFG information

MFG to JMD market statistics

MFG/JMD:
$0.2059
MFG 24h volume:
--
MFG market cap:
--
MFG circulating supply:
0 MFG

Current MFG to JMD exchange rate

Smart MFG to Jamaican Dollar is rising this week.
Smart MFG's current market price is $0.2059 per MFG, with a total market cap of $0 JMD based on a circulating supply of -- MFG. The trading volume of Smart MFG has changed by 0.00% ($0 JMD) in the last 24 hours. Last trading day, MFG's trading volume was $0.

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

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How to convert MFG to JMD

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

The exchange rate of Smart MFG is decreasing.
The exchange rate of 1 MFG to Jamaican Dollar has changed by +24.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.10%, reaching a high of 0.2103 JMD and a low of 0.2059 JMD . One month ago, the value of 1 MFG was $0.5111 JMD , which represents a -59.72% change from its current value. Over the last year, Smart MFG has changed by
+$
0.08406JMD
, resulting in a change of +69.01% in its value.
24 hours ago1 month ago1 year ago
Amount07:16 am today24 hours ago24h change
0.5 MFG$0.1029$0.1041
-1.10%
1 MFG$0.2059$0.2082
-1.10%
5 MFG$1.03$1.04
-1.10%
10 MFG$2.06$2.08
-1.10%
50 MFG$10.29$10.41
-1.10%
100 MFG$20.59$20.82
-1.10%
500 MFG$102.94$104.08
-1.10%
1000 MFG$205.87$208.16
-1.10%

MFG to JMD FAQ

How much is 1 Smart MFG in JMD?
Right now, the price of 1 Smart MFG (MFG) in Jamaican Dollar (JMD) is $0.2059.
How much MFG can I buy for 1 JMD?
Based on the current exchange rate, you can get 4.86 MFG for 1 JMD.
How do I calculate or convert MFG to JMD?
You can use our MFG to JMD calculator at the top of this page to convert any amount of MFG to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 24.29 MFG, while 5 MFG will cost around 1.03JMD.
What is the highest price of MFG/JMD in history?
The all-time high price of 1 MFG in JMD is $68.61. It remains to be seen if the value of 1 MFG/JMD will exceed the current all-time high.
What is the price trend of Smart MFG in JMD?
Over the past 7 days, the exchange rate of Smart MFG (MFG) has gone up by 24.37%.   Over the last month, the exchange rate of Smart MFG (MFG) has gone down by 59.72% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MFG to JMD?

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