COLT
JMD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Collateral Network(COLT) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 COLT at a value of 1 COLT for 0.00 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.
Bitget crypto-to-fiat exchange data shows that the most popular Collateral Network currency pair is the COLT to JMD, with for Collateral Network's currency code being COLT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
COLT to JMD conversion rate trend
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In the past 1D, Collateral Network has changed -66.48% to JMD. Based on the trend and price charts, Collateral Network(COLT) has changed -66.48% to JMD while Jamaican Dollar(JMD) has changed % to COLT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.004240 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/02 16:32:00(UTC+0)
How to buy Collateral Network
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Collateral Network (COLT)
Use a variety of payment options to buy Collateral Network on Bitget. We'll show you how.
Buy COLT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of COLT with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy COLT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell COLT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of COLT to JMD. However, you can first exchange COLT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of Collateral Network to Jamaican Dollar?
Collateral Network to Jamaican Dollar is falling this week.Collateral Network's current market price is $ 0.004240 per COLT, with a total market cap of $ 0 JMD based on a circulating supply of -- COLT. The trading volume of Collateral Network has changed by -100.00% ($ 0 JMD) in the last 24 hours. Last trading day, COLT's trading volume was $ 0.
Market cap
$0
24h volume
$0
Circulating supply
0 COLT
Conversion tables
The exchange rate of Collateral Network is increasing.1 COLT is currently valued at $ 0.004240 JMD , which means buying 5 COLT will cost $ 0.02120 JMD . Similarly, $1 JMD can be traded for 235.87 COLT, and $50 JMD can be converted to 11,793.38 COLT, excluding any platform or gas fees.
The exchange rate of 1 COLT to Jamaican Dollar has changed by -27.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -66.48%, reaching a high of 0.01582 JMD and a low of 0.0009624 JMD . One month ago, the value of 1 COLT was $ 0.003196 JMD , which represents a +32.64% change from its current value. Over the last year, Collateral Network has changed by , resulting in a change of -99.83% in its value.
-$
2.43JMDCOLT to JMD
Amount
18:14 today
0.5 COLT
$0.002120
1 COLT
$0.004240
5 COLT
$0.02120
10 COLT
$0.04240
50 COLT
$0.2120
100 COLT
$0.4240
500 COLT
$2.12
1000 COLT
$4.24
JMD to COLT
Amount18:14 today
0.5JMD117.93 COLT
1JMD235.87 COLT
5JMD1,179.34 COLT
10JMD2,358.68 COLT
50JMD11,793.38 COLT
100JMD23,586.76 COLT
500JMD117,933.82 COLT
1000JMD235,867.64 COLT
Today vs. 24 hours ago
| Amount | 18:14 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 COLT | $0.{4}1339 | $0.{4}3995 | -66.48% |
| 1 COLT | $0.{4}2678 | $0.{4}7989 | -66.48% |
| 5 COLT | $0.0001339 | $0.0003995 | -66.48% |
| 10 COLT | $0.0002678 | $0.0007989 | -66.48% |
| 50 COLT | $0.001339 | $0.003995 | -66.48% |
| 100 COLT | $0.002678 | $0.007989 | -66.48% |
| 500 COLT | $0.01339 | $0.03995 | -66.48% |
| 1000 COLT | $0.02678 | $0.07989 | -66.48% |
Today vs. 1 month ago
| Amount | 18:14 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 COLT | $0.{4}1339 | $0.{4}1010 | +32.64% |
| 1 COLT | $0.{4}2678 | $0.{4}2019 | +32.64% |
| 5 COLT | $0.0001339 | $0.0001010 | +32.64% |
| 10 COLT | $0.0002678 | $0.0002019 | +32.64% |
| 50 COLT | $0.001339 | $0.001010 | +32.64% |
| 100 COLT | $0.002678 | $0.002019 | +32.64% |
| 500 COLT | $0.01339 | $0.01010 | +32.64% |
| 1000 COLT | $0.02678 | $0.02019 | +32.64% |
Today vs. 1 year ago
| Amount | 18:14 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 COLT | $0.{4}1339 | $0.007679 | -99.83% |
| 1 COLT | $0.{4}2678 | $0.01536 | -99.83% |
| 5 COLT | $0.0001339 | $0.07679 | -99.83% |
| 10 COLT | $0.0002678 | $0.1536 | -99.83% |
| 50 COLT | $0.001339 | $0.7679 | -99.83% |
| 100 COLT | $0.002678 | $1.54 | -99.83% |
| 500 COLT | $0.01339 | $7.68 | -99.83% |
| 1000 COLT | $0.02678 | $15.36 | -99.83% |
Collateral Network price prediction
What will the price of COLT be in 2025?
Based on COLT's historical price performance prediction model, the price of COLT is projected to reach $0.0002273 in 2025.
What will the price of COLT be in 2030?
In 2030, the COLT price is expected to change by -17.00%. By the end of 2030, the COLT price is projected to reach $0.0002088, with a cumulative ROI of +3268.55%.
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Popular Collateral Network conversions
Check out these popular currency conversions of Collateral Network to several fiat currencies.
Collateral Network to USD
1 COLT to $ 0.{4}2678 USD
Collateral Network to GBP
1 COLT to £ 0.{4}2073 GBP
Collateral Network to EUR
1 COLT to € 0.{4}2463 EUR
Collateral Network to KRW
1 COLT to ₩ 0.03697 KRW
Collateral Network to CAD
1 COLT to $ 0.{4}3740 CAD
Collateral Network to AUD
1 COLT to $ 0.{4}4082 AUD
Collateral Network to JPY
1 COLT to ¥ 0.004096 JPY
Collateral Network to BRL
1 COLT to R$ 0.0001572 BRL
Collateral Network to CNY
1 COLT to ¥ 0.0001909 CNY
Collateral Network to TWD
1 COLT to NT$ 0.0008553 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Collateral Network.
Bitcoin to JMD
1 BTC to $ 10,979,541.79 JMD
Grass to JMD
1 GRASS to $ -- JMD
Solana to JMD
1 SOL to $ 25,917.58 JMD
Sui to JMD
1 SUI to $ 298.19 JMD
Dogecoin to JMD
1 DOGE to $ 24.99 JMD
Ethereum to JMD
1 ETH to $ 393,578.83 JMD
Pepe to JMD
1 PEPE to $ 0.001366 JMD
Virtuals Protocol to JMD
1 VIRTUAL to $ 70.05 JMD
Goatseus Maximus to JMD
1 GOAT to $ 71.21 JMD
BNB to JMD
1 BNB to $ 90,016.3 JMD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Collateral Network and JMD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Collateral Network and JMD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Collateral Network in JMD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
