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base info Stacks

Stacks to Jamaican Dollar Converter and calculator

Convert 1Stacks (STX) to Jamaican Dollar (JMD) equals $ 435.61 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Stacks(STX) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 STX at a value of 1 STX for 435.61 JMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Stacks currency pair is the STX to JMD, with for Stacks's currency code being STX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

STX to JMD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Stacks has changed +14.81% to JMD. Based on the trend and price charts, Stacks(STX) has changed +14.81% to JMD while Jamaican Dollar(JMD) has changed % to STX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$434.96
0.0001% / 0.0004%vip-iconVIP
Binance
$435.41
0.1000% / 0.1000%
Yes
Coinbase Exchange
$435.45
0.1000% / 0.1000%
Yes
OKX
$435.54
0.080% / 0.100%
Yes
Gate.io
$435.37
0.1000% / 0.1000%
Yes
Bybit
$435.03
0.1000% / 0.1000%
Yes
KuCoin
$435.39
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 04:00:37(UTC+0)

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

Stacks to Jamaican Dollar is rising this week.
Stacks's current market price is $ 435.61 per STX, with a total market cap of $ 633,191,450,937.25 JMD based on a circulating supply of 1,453,564,700 STX. The trading volume of Stacks has changed by +6.34% ($ 1,281,031,720.71 JMD) in the last 24 hours. Last trading day, STX's trading volume was $ 20,197,264,855.21.
Market cap
$4.07B
24h volume
$138.11M
Circulating supply
1.45B STX

Conversion tables

The exchange rate of Stacks is decreasing.
1 STX is currently valued at $ 435.61 JMD , which means buying 5 STX will cost $ 2,178.06 JMD . Similarly, $1 JMD can be traded for 0.002296 STX, and $50 JMD can be converted to 0.1148 STX, excluding any platform or gas fees.
The exchange rate of 1 STX to Jamaican Dollar has changed by +9.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by +14.81%, reaching a high of 442.6 JMD and a low of 375.09 JMD . One month ago, the value of 1 STX was $ 550.93 JMD , which represents a -20.91% change from its current value. Over the last year, Stacks has changed by
+$
17.61JMD
, resulting in a change of +305.46% in its value.

STX to JMD

Amount
04:42 am today
0.5 STX
$217.81
1 STX
$435.61
5 STX
$2,178.06
10 STX
$4,356.13
50 STX
$21,780.64
100 STX
$43,561.29
500 STX
$217,806.43
1000 STX
$435,612.86

JMD to STX

Amount04:42 am today
0.5JMD0.001148  STX
1JMD0.002296  STX
5JMD0.01148  STX
10JMD0.02296  STX
50JMD0.1148  STX
100JMD0.2296  STX
500JMD1.15  STX
1000JMD2.3  STX
share

Today vs. 24 hours ago

Amount04:42 am today24 hours ago24h change
0.5 STX$1.4$1.22
+14.81%
1 STX$2.8$2.44
+14.81%
5 STX$14.01$12.2
+14.81%
10 STX$28.01$24.39
+14.81%
50 STX$140.06$121.97
+14.81%
100 STX$280.11$243.94
+14.81%
500 STX$1,400.57$1,219.68
+14.81%
1000 STX$2,801.14$2,439.36
+14.81%

Today vs. 1 month ago

Amount04:42 am today1 month ago1M change
0.5 STX$1.4$1.77
-20.91%
1 STX$2.8$3.54
-20.91%
5 STX$14.01$17.71
-20.91%
10 STX$28.01$35.43
-20.91%
50 STX$140.06$177.13
-20.91%
100 STX$280.11$354.27
-20.91%
500 STX$1,400.57$1,771.35
-20.91%
1000 STX$2,801.14$3,542.69
-20.91%

Today vs. 1 year ago

Amount04:42 am today1 year ago1Y change
0.5 STX$1.4$0.3439
+305.46%
1 STX$2.8$0.6879
+305.46%
5 STX$14.01$3.44
+305.46%
10 STX$28.01$6.88
+305.46%
50 STX$140.06$34.39
+305.46%
100 STX$280.11$68.79
+305.46%
500 STX$1,400.57$343.94
+305.46%
1000 STX$2,801.14$687.88
+305.46%

FAQ

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.