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MONKAS to JMD Converter and calculator

MONKAS/JMD: 1 MONKAS = 0.{4}3258 JMD. The price of converting 1 Monkas (MONKAS) to Jamaican Dollar (JMD) is 0.{4}3258 JMD today.
MONKAS
MONKAS
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MONKAS to JMD real-time exchange rates, making it easy to convert Monkas (MONKAS) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MONKAS is currently valued at 0.00 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MONKAS is currently valued at 0.00 JMD, which means buying 5 MONKAS would cost 0.00 JMD. Similarly, $1 JMD can be converted to 30,692.82 MONKAS, and $50 JMD can be converted to 153,464.08 MONKAS, excluding any platform or gas fees.

Convert MONKAS to JMD

Convert JMD to MONKAS

Monkas
Jamaican Dollar
1 MONKAS
0.{4}3258  JMD
2 MONKAS
0.{4}6516  JMD
5 MONKAS
0.0001629  JMD
10 MONKAS
0.0003258  JMD
20 MONKAS
0.0006516  JMD
50 MONKAS
0.001629  JMD
100 MONKAS
0.003258  JMD
200 MONKAS
0.006516  JMD
500 MONKAS
0.01629  JMD
1000 MONKAS
0.03258  JMD
5000 MONKAS
0.1629  JMD
10000 MONKAS
0.3258  JMD
In the table above, you'll find a comprehensive MONKAS to JMD converter that shows the value of Monkas in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MONKAS to JMD, all the way up to 10000 MONKAS, providing a clear view of their respective values.
Jamaican Dollar
Monkas
10 JMD
306,928.16 MONKAS
50 JMD
1,534,640.81 MONKAS
100 JMD
3,069,281.62 MONKAS
200 JMD
6,138,563.24 MONKAS
500 JMD
15,346,408.1 MONKAS
1000 JMD
30,692,816.19 MONKAS
2000 JMD
61,385,632.39 MONKAS
5000 JMD
153,464,080.97 MONKAS
10000 JMD
306,928,161.95 MONKAS
50000 JMD
1,534,640,809.75 MONKAS
100000 JMD
3,069,281,619.49 MONKAS
In the table above, you'll find a comprehensive JMD to MONKAS converter that shows the value of Jamaican Dollar in Monkas across commonly used conversion amounts. The list covers conversions from 1 JMD to MONKAS, all the way up to 100000 JMD, providing a clear view of their respective values.

MONKAS to JMD chart

MONKAS/JMD: 1 MONKAS = 0.{4}3258 JMD; 2025/05/01 03:05:10
In the past 1D, Monkas has changed -0.73% to JMD. Based on the trend and price charts, Monkas(MONKAS) has changed -0.73% to JMD while Jamaican Dollar(JMD) has changed % to MONKAS in the last 24 hours.
1D7D1M3M1YAll

MONKAS to JMD conversion data: Volatility and price changes of Monkas in JMD

The highest Monkas price in JMD over the past 7 days was 0.{4}3453 JMD while the lowest Monkas price in JMD over the past 7 days was 0.{4}3192 JMD. The relative change between the highs and lows in Monkas price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MONKAS 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.{4}3308 JMD
0.{4}3453 JMD
0.{4}4477 JMD
0.0001449 JMD
Low
0.{4}3220 JMD
0.{4}3192 JMD
0.{4}3037 JMD
0.{4}2862 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-0.73%
-0.78%
-16.91%
-77.08%

Monkas information

MONKAS to JMD market statistics

MONKAS/JMD:
$0.{4}3258
MONKAS 24h volume:
--
MONKAS market cap:
--
MONKAS circulating supply:
0 MONKAS

Current MONKAS to JMD exchange rate

Monkas to Jamaican Dollar is falling this week.
Monkas's current market price is $0.{4}3258 per MONKAS, with a total market cap of $0 JMD based on a circulating supply of -- MONKAS. The trading volume of Monkas has changed by 0.00% ($0 JMD) in the last 24 hours. Last trading day, MONKAS's trading volume was $0.

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

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How to convert MONKAS to JMD

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MONKAS to JMD Conversion tables

The exchange rate of Monkas is decreasing.
The exchange rate of 1 MONKAS to Jamaican Dollar has changed by -0.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.73%, reaching a high of 0.{4}3308 JMD and a low of 0.{4}3220 JMD . One month ago, the value of 1 MONKAS was $0.{4}3921 JMD , which represents a -16.91% change from its current value. Over the last year, Monkas has changed by
-$
0.0007941JMD
, resulting in a change of -96.06% in its value.
24 hours ago1 month ago1 year ago
Amount03:05 am today24 hours ago24h change
0.5 MONKAS$0.{4}1629$0.{4}1641
-0.73%
1 MONKAS$0.{4}3258$0.{4}3282
-0.73%
5 MONKAS$0.0001629$0.0001641
-0.73%
10 MONKAS$0.0003258$0.0003282
-0.73%
50 MONKAS$0.001629$0.001641
-0.73%
100 MONKAS$0.003258$0.003282
-0.73%
500 MONKAS$0.01629$0.01641
-0.73%
1000 MONKAS$0.03258$0.03282
-0.73%

MONKAS to JMD FAQ

How much is 1 Monkas in JMD?
Right now, the price of 1 Monkas (MONKAS) in Jamaican Dollar (JMD) is $0.{4}3258.
How much MONKAS can I buy for 1 JMD?
Based on the current exchange rate, you can get 30,692.82 MONKAS for 1 JMD.
How do I calculate or convert MONKAS to JMD?
You can use our MONKAS to JMD calculator at the top of this page to convert any amount of MONKAS to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 153,464.08 MONKAS, while 5 MONKAS will cost around 0.0001629JMD.
What is the highest price of MONKAS/JMD in history?
The all-time high price of 1 MONKAS in JMD is $0.003513. It remains to be seen if the value of 1 MONKAS/JMD will exceed the current all-time high.
What is the price trend of Monkas in JMD?
Over the past 7 days, the exchange rate of Monkas (MONKAS) has gone down by 0.78%.   Over the last month, the exchange rate of Monkas (MONKAS) has gone down by 16.91% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MONKAS to JMD?

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