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GMAC to JMD Converter and calculator

GMAC/JMD: 1 GMAC = 0.4870 JMD. The price of converting 1 Gemach (GMAC) to Jamaican Dollar (JMD) is 0.4870 JMD today.
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GMAC
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMAC to JMD real-time exchange rates, making it easy to convert Gemach (GMAC) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 GMAC is currently valued at 0.49 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMAC is currently valued at 0.49 JMD, which means buying 5 GMAC would cost 2.43 JMD. Similarly, $1 JMD can be converted to 2.05 GMAC, and $50 JMD can be converted to 10.27 GMAC, excluding any platform or gas fees.

Convert GMAC to JMD

Convert JMD to GMAC

Gemach
Jamaican Dollar
1000 GMAC
486.99  JMD
5000 GMAC
2,434.96  JMD
10000 GMAC
4,869.91  JMD
In the table above, you'll find a comprehensive GMAC to JMD converter that shows the value of Gemach in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 GMAC to JMD, all the way up to 10000 GMAC, providing a clear view of their respective values.
Jamaican Dollar
Gemach
5000 JMD
10,267.12 GMAC
10000 JMD
20,534.24 GMAC
50000 JMD
102,671.21 GMAC
100000 JMD
205,342.42 GMAC
In the table above, you'll find a comprehensive JMD to GMAC converter that shows the value of Jamaican Dollar in Gemach across commonly used conversion amounts. The list covers conversions from 1 JMD to GMAC, all the way up to 100000 JMD, providing a clear view of their respective values.

GMAC to JMD chart

GMAC/JMD: 1 GMAC = 0.4870 JMD; 2025/04/30 23:41:08
In the past 1D, Gemach has changed +9.35% to JMD. Based on the trend and price charts, Gemach(GMAC) has changed +9.35% to JMD while Jamaican Dollar(JMD) has changed % to GMAC in the last 24 hours.
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GMAC to JMD conversion data: Volatility and price changes of Gemach in JMD

The highest Gemach price in JMD over the past 7 days was 0.6118 JMD while the lowest Gemach price in JMD over the past 7 days was 0.3521 JMD. The relative change between the highs and lows in Gemach price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and GMAC 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
0.5013 JMD
0.6118 JMD
0.6118 JMD
0.6118 JMD
Low
0.3521 JMD
0.3521 JMD
0.1647 JMD
0.1647 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+9.35%
+10.60%
+59.26%
-3.84%

Gemach information

GMAC to JMD market statistics

GMAC/JMD:
$0.4870
GMAC 24h volume:
$12,979,396.65
GMAC market cap:
$243,495,718.62
GMAC circulating supply:
500.00M GMAC

Current GMAC to JMD exchange rate

Gemach to Jamaican Dollar is rising this week.
Gemach's current market price is $0.4870 per GMAC, with a total market cap of $243,495,718.62 JMD based on a circulating supply of 500,000,000 GMAC. The trading volume of Gemach has changed by 0.00% ($0 JMD) in the last 24 hours. Last trading day, GMAC's trading volume was $12,979,396.65.

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

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How to convert GMAC to JMD

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GMAC to JMD Conversion tables

The exchange rate of Gemach is increasing.
The exchange rate of 1 GMAC to Jamaican Dollar has changed by +10.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.35%, reaching a high of 0.5013 JMD and a low of 0.3521 JMD . One month ago, the value of 1 GMAC was $0.3041 JMD , which represents a +59.26% change from its current value. Over the last year, Gemach has changed by
+$
0.1070JMD
, resulting in a change of +27.84% in its value.
24 hours ago1 month ago1 year ago
Amount23:41 today24 hours ago24h change
0.5 GMAC$0.2435$0.2225
+9.35%
1 GMAC$0.4870$0.4450
+9.35%
5 GMAC$2.43$2.22
+9.35%
10 GMAC$4.87$4.45
+9.35%
50 GMAC$24.35$22.25
+9.35%
100 GMAC$48.7$44.5
+9.35%
500 GMAC$243.5$222.49
+9.35%
1000 GMAC$486.99$444.97
+9.35%

GMAC to JMD FAQ

How much is 1 Gemach in JMD?
Right now, the price of 1 Gemach (GMAC) in Jamaican Dollar (JMD) is $0.4870.
How much GMAC can I buy for 1 JMD?
Based on the current exchange rate, you can get 2.05 GMAC for 1 JMD.
How do I calculate or convert GMAC to JMD?
You can use our GMAC to JMD calculator at the top of this page to convert any amount of GMAC to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 10.27 GMAC, while 5 GMAC will cost around 2.43JMD.
What is the highest price of GMAC/JMD in history?
The all-time high price of 1 GMAC in JMD is $116.28. It remains to be seen if the value of 1 GMAC/JMD will exceed the current all-time high.
What is the price trend of Gemach in JMD?
Over the past 7 days, the exchange rate of Gemach (GMAC) has gone up by 10.60%.   Over the last month, the exchange rate of Gemach (GMAC) has gone up by 59.26% against Jamaican Dollar (JMD).

What factors influence the conversion rate of GMAC to JMD?

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