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GMX to Jamaican Dollar Converter and calculator

Convert 1GMX (GMX) to Jamaican Dollar (JMD) equals $ 3,280.15 | 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 GMX(GMX) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 GMX at a value of 1 GMX for 3,280.15 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 GMX currency pair is the GMX to JMD, with for GMX's currency code being GMX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

GMX to JMD conversion rate trend

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In the past 1D, GMX has changed +3.59% to JMD. Based on the trend and price charts, GMX(GMX) has changed +3.59% to JMD while Jamaican Dollar(JMD) has changed % to GMX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$3,277.07
0.0200% / 0.0320%vip-iconVIP 7
Binance
$3,268.87
0.1000% / 0.1000%
Yes
OKX
$3,275.2
0.080% / 0.100%
Yes
Huobi
$3,267.13
0.1000% / 0.1000%
Yes
Gate.io
$3,276.78
0.1000% / 0.1000%
Yes
Bybit
$3,276.78
0.1000% / 0.1000%
Yes
KuCoin
$3,279.94
0.1000% / 0.1000%
Yes
Last updated 2024/11/05 16:00:13(UTC+0)

How to buy GMX

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy GMX (GMX)
Use a variety of payment options to buy GMX on Bitget. We'll show you how.

Buy GMX (or USDT) for JMD (Jamaican Dollar) offers

Bitget P2P trading does not currently support direct buying of GMX with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy GMX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell GMX (or USDT) for JMD (Jamaican Dollar) offers

Bitget P2P trading currently does not support direct selling of GMX to JMD. However, you can first exchange GMX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of GMX to Jamaican Dollar?

GMX to Jamaican Dollar is falling this week.
GMX's current market price is $ 3,280.15 per GMX, with a total market cap of $ 32,150,622,349.91 JMD based on a circulating supply of 9,801,566 GMX. The trading volume of GMX has changed by +3.95% ($ 78,558,821.2 JMD) in the last 24 hours. Last trading day, GMX's trading volume was $ 1,986,668,214.3.
Market cap
$203.30M
24h volume
$13.06M
Circulating supply
9.80M GMX

Conversion tables

The exchange rate of GMX is decreasing.
1 GMX is currently valued at $ 3,280.15 JMD , which means buying 5 GMX will cost $ 16,400.76 JMD . Similarly, $1 JMD can be traded for 0.0003049 GMX, and $50 JMD can be converted to 0.01524 GMX, excluding any platform or gas fees.
The exchange rate of 1 GMX to Jamaican Dollar has changed by -15.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.59%, reaching a high of 3,320.15 JMD and a low of 3,149.72 JMD . One month ago, the value of 1 GMX was $ 3,440.5 JMD , which represents a -4.66% change from its current value. Over the last year, GMX has changed by
-$
4,366.27JMD
, resulting in a change of -57.10% in its value.

GMX to JMD

Amount
00:01 am today
0.5 GMX
$1,640.08
1 GMX
$3,280.15
5 GMX
$16,400.76
10 GMX
$32,801.52
50 GMX
$164,007.58
100 GMX
$328,015.17
500 GMX
$1,640,075.85
1000 GMX
$3,280,151.7

JMD to GMX

Amount00:01 am today
0.5JMD0.0001524  GMX
1JMD0.0003049  GMX
5JMD0.001524  GMX
10JMD0.003049  GMX
50JMD0.01524  GMX
100JMD0.03049  GMX
500JMD0.1524  GMX
1000JMD0.3049  GMX

Today vs. 24 hours ago

Amount00:01 am today24 hours ago24h change
0.5 GMX$10.37$10.01
+3.59%
1 GMX$20.74$20.02
+3.59%
5 GMX$103.71$100.12
+3.59%
10 GMX$207.41$200.23
+3.59%
50 GMX$1,037.07$1,001.16
+3.59%
100 GMX$2,074.13$2,002.32
+3.59%
500 GMX$10,370.66$10,011.59
+3.59%
1000 GMX$20,741.31$20,023.19
+3.59%

Today vs. 1 month ago

Amount00:01 am today1 month ago1M change
0.5 GMX$10.37$10.88
-4.66%
1 GMX$20.74$21.76
-4.66%
5 GMX$103.71$108.78
-4.66%
10 GMX$207.41$217.55
-4.66%
50 GMX$1,037.07$1,087.76
-4.66%
100 GMX$2,074.13$2,175.53
-4.66%
500 GMX$10,370.66$10,877.63
-4.66%
1000 GMX$20,741.31$21,755.26
-4.66%

Today vs. 1 year ago

Amount00:01 am today1 year ago1Y change
0.5 GMX$10.37$24.18
-57.10%
1 GMX$20.74$48.35
-57.10%
5 GMX$103.71$241.75
-57.10%
10 GMX$207.41$483.5
-57.10%
50 GMX$1,037.07$2,417.52
-57.10%
100 GMX$2,074.13$4,835.05
-57.10%
500 GMX$10,370.66$24,175.23
-57.10%
1000 GMX$20,741.31$48,350.46
-57.10%

GMX price prediction

What will the price of GMX be in 2025?

Based on GMX's historical price performance prediction model, the price of GMX is projected to reach $38.82 in 2025.

What will the price of GMX be in 2030?

In 2030, the GMX price is expected to change by -10.00%. By the end of 2030, the GMX price is projected to reach $64.32, with a cumulative ROI of +199.96%.

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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 GMX 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 GMX 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 GMX 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.