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base info Solana

Solana to Jamaican Dollar Converter and calculator

Convert 1Solana (SOL) to Jamaican Dollar (JMD) equals $ 23,302.21 | Bitget

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.

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Bitget crypto-to-fiat exchange data shows that the most popular Solana currency pair is the SOL to JMD, with for Solana's currency code being SOL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

SOL to JMD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Solana has changed +6.20% to JMD. Based on the trend and price charts, Solana(SOL) has changed +6.20% to JMD while Jamaican Dollar(JMD) has changed % to SOL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$23,266.55
0.0001% / 0.0004%vip-iconVIP
Binance
$23,222.63
0.1000% / 0.1000%
Yes
Coinbase Exchange
$23,219.54
0.1000% / 0.1000%
Yes
Kraken
$23,261.29
0.1000% / 0.1000%
Yes
OKX
$23,219.54
0.080% / 0.100%
Yes
Huobi
$23,272.59
0.1000% / 0.1000%
Yes
Gate.io
$23,214.9
0.1000% / 0.1000%
Yes
Bybit
$23,265.93
0.1000% / 0.1000%
Yes
KuCoin
$23,254.79
0.1000% / 0.1000%
Yes
Bitfinex
$23,282.94
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 23:00:33(UTC+0)

What factors influence the conversion rate of Solana to Jamaican Dollar?

Solana to Jamaican Dollar is falling this week.
Solana's current market price is $ 23,302.21 per SOL, with a total market cap of $ 10,406,086,990,802.8 JMD based on a circulating supply of 446,570,880 SOL. The trading volume of Solana has changed by -15.42% ($ -206,973,822,138.57 JMD) in the last 24 hours. Last trading day, SOL's trading volume was $ 1,342,181,756,590.64.
Market cap
$67.30B
24h volume
$7.34B
Circulating supply
446.57M SOL

Conversion tables

The exchange rate of Solana is decreasing.
1 SOL is currently valued at $ 23,302.21 JMD , which means buying 5 SOL will cost $ 116,511.04 JMD . Similarly, $1 JMD can be traded for 0.{4}4291 SOL, and $50 JMD can be converted to 0.002146 SOL, excluding any platform or gas fees.
The exchange rate of 1 SOL to Jamaican Dollar has changed by -15.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.20%, reaching a high of 23,330.4 JMD and a low of 20,299.85 JMD . One month ago, the value of 1 SOL was $ 28,290.3 JMD , which represents a -17.63% change from its current value. Over the last year, Solana has changed by
+$
4,111.42JMD
, resulting in a change of +524.66% in its value.

SOL to JMD

Amount
23:02 today
0.5 SOL
$11,651.1
1 SOL
$23,302.21
5 SOL
$116,511.04
10 SOL
$233,022.08
50 SOL
$1,165,110.38
100 SOL
$2,330,220.76
500 SOL
$11,651,103.82
1000 SOL
$23,302,207.63

JMD to SOL

Amount23:02 today
0.5JMD0.{4}2146  SOL
1JMD0.{4}4291  SOL
5JMD0.0002146  SOL
10JMD0.0004291  SOL
50JMD0.002146  SOL
100JMD0.004291  SOL
500JMD0.02146  SOL
1000JMD0.04291  SOL
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Today vs. 24 hours ago

Amount23:02 today24 hours ago24h change
0.5 SOL$75.35$70.95
+6.20%
1 SOL$150.7$141.9
+6.20%
5 SOL$753.52$709.5
+6.20%
10 SOL$1,507.05$1,419
+6.20%
50 SOL$7,535.23$7,094.99
+6.20%
100 SOL$15,070.46$14,189.98
+6.20%
500 SOL$75,352.32$70,949.92
+6.20%
1000 SOL$150,704.64$141,899.83
+6.20%

Today vs. 1 month ago

Amount23:02 today1 month ago1M change
0.5 SOL$75.35$91.48
-17.63%
1 SOL$150.7$182.96
-17.63%
5 SOL$753.52$914.82
-17.63%
10 SOL$1,507.05$1,829.65
-17.63%
50 SOL$7,535.23$9,148.23
-17.63%
100 SOL$15,070.46$18,296.46
-17.63%
500 SOL$75,352.32$91,482.3
-17.63%
1000 SOL$150,704.64$182,964.61
-17.63%

Today vs. 1 year ago

Amount23:02 today1 year ago1Y change
0.5 SOL$75.35$12.06
+524.66%
1 SOL$150.7$24.11
+524.66%
5 SOL$753.52$120.57
+524.66%
10 SOL$1,507.05$241.14
+524.66%
50 SOL$7,535.23$1,205.72
+524.66%
100 SOL$15,070.46$2,411.44
+524.66%
500 SOL$75,352.32$12,057.21
+524.66%
1000 SOL$150,704.64$24,114.43
+524.66%

FAQ

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