KAT
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 Karat(KAT) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 KAT at a value of 1 KAT for 0.12 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 Karat currency pair is the KAT to JMD, with for Karat's currency code being KAT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
KAT to JMD conversion rate trend
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In the past 1D, Karat has changed -9.56% to JMD. Based on the trend and price charts, Karat(KAT) has changed -9.56% to JMD while Jamaican Dollar(JMD) has changed % to KAT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.08231 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.1176 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/09 16:00:10(UTC+0)
How to buy Karat
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Buy Karat (KAT)
Use a variety of payment options to buy Karat on Bitget. We'll show you how.
Learn MoreBuy KAT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of KAT with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy KAT 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 KAT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of KAT to JMD. However, you can first exchange KAT 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 |
|---|
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What factors influence the conversion rate of Karat to Jamaican Dollar?
Karat to Jamaican Dollar is rising this week.Karat's current market price is $ 0.1154 per KAT, with a total market cap of $ 29,500,848.95 JMD based on a circulating supply of 255,538,600 KAT. The trading volume of Karat has changed by -4.18% ($ -253,394.73 JMD) in the last 24 hours. Last trading day, KAT's trading volume was $ 6,058,016.89.
Market cap
$186.37K
24h volume
$36.67K
Circulating supply
255.54M KAT
Conversion tables
The exchange rate of Karat is increasing.1 KAT is currently valued at $ 0.1154 JMD , which means buying 5 KAT will cost $ 0.5772 JMD . Similarly, $1 JMD can be traded for 8.66 KAT, and $50 JMD can be converted to 433.1 KAT, excluding any platform or gas fees.
The exchange rate of 1 KAT to Jamaican Dollar has changed by +11.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.56%, reaching a high of 0.1284 JMD and a low of 0.1153 JMD . One month ago, the value of 1 KAT was $ 0.09197 JMD , which represents a +25.56% change from its current value. Over the last year, Karat has changed by , resulting in a change of -86.94% in its value.
-$
0.7680JMDKAT to JMD
Amount
17:18 today
0.5 KAT
$0.05772
1 KAT
$0.1154
5 KAT
$0.5772
10 KAT
$1.15
50 KAT
$5.77
100 KAT
$11.54
500 KAT
$57.72
1000 KAT
$115.45
JMD to KAT
Amount17:18 today
0.5JMD4.33 KAT
1JMD8.66 KAT
5JMD43.31 KAT
10JMD86.62 KAT
50JMD433.1 KAT
100JMD866.21 KAT
500JMD4,331.04 KAT
1000JMD8,662.08 KAT
Today vs. 24 hours ago
| Amount | 17:18 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 KAT | $0.0003647 | $0.0004032 | -9.56% |
| 1 KAT | $0.0007293 | $0.0008064 | -9.56% |
| 5 KAT | $0.003647 | $0.004032 | -9.56% |
| 10 KAT | $0.007293 | $0.008064 | -9.56% |
| 50 KAT | $0.03647 | $0.04032 | -9.56% |
| 100 KAT | $0.07293 | $0.08064 | -9.56% |
| 500 KAT | $0.3647 | $0.4032 | -9.56% |
| 1000 KAT | $0.7293 | $0.8064 | -9.56% |
Today vs. 1 month ago
| Amount | 17:18 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 KAT | $0.0003647 | $0.0002905 | +25.56% |
| 1 KAT | $0.0007293 | $0.0005810 | +25.56% |
| 5 KAT | $0.003647 | $0.002905 | +25.56% |
| 10 KAT | $0.007293 | $0.005810 | +25.56% |
| 50 KAT | $0.03647 | $0.02905 | +25.56% |
| 100 KAT | $0.07293 | $0.05810 | +25.56% |
| 500 KAT | $0.3647 | $0.2905 | +25.56% |
| 1000 KAT | $0.7293 | $0.5810 | +25.56% |
Today vs. 1 year ago
| Amount | 17:18 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 KAT | $0.0003647 | $0.002791 | -86.94% |
| 1 KAT | $0.0007293 | $0.005581 | -86.94% |
| 5 KAT | $0.003647 | $0.02791 | -86.94% |
| 10 KAT | $0.007293 | $0.05581 | -86.94% |
| 50 KAT | $0.03647 | $0.2791 | -86.94% |
| 100 KAT | $0.07293 | $0.5581 | -86.94% |
| 500 KAT | $0.3647 | $2.79 | -86.94% |
| 1000 KAT | $0.7293 | $5.58 | -86.94% |
Karat price prediction
What will the price of KAT be in 2025?
Based on KAT's historical price performance prediction model, the price of KAT is projected to reach $0.001665 in 2025.
What will the price of KAT be in 2030?
In 2030, the KAT price is expected to change by +7.00%. By the end of 2030, the KAT price is projected to reach $0.002472, with a cumulative ROI of +221.09%.
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Popular Karat conversions
Check out these popular currency conversions of Karat to several fiat currencies.
Karat to USD
1 KAT to $ 0.0007293 USD
Karat to GBP
1 KAT to £ 0.0005646 GBP
Karat to EUR
1 KAT to € 0.0006804 EUR
Karat to KRW
1 KAT to ₩ 1.02 KRW
Karat to CAD
1 KAT to $ 0.001015 CAD
Karat to AUD
1 KAT to $ 0.001108 AUD
Karat to JPY
1 KAT to ¥ 0.1113 JPY
Karat to BRL
1 KAT to R$ 0.004185 BRL
Karat to CNY
1 KAT to ¥ 0.005236 CNY
Karat to TWD
1 KAT to NT$ 0.02352 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Karat.
Bitcoin to JMD
1 BTC to $ 12,027,806.69 JMD
Drift to JMD
1 DRIFT to $ 262.98 JMD
Grass to JMD
1 GRASS to $ -- JMD
SolarX to JMD
1 SXCH to $ -- JMD
Solana to JMD
1 SOL to $ 31,093.25 JMD
PepeCoin to JMD
1 PEPECOIN to $ 824.61 JMD
Swell Network to JMD
1 SWELL to $ 9.74 JMD
X Empire to JMD
1 X to $ 0.03154 JMD
Ethereum to JMD
1 ETH to $ 476,905.77 JMD
Dogecoin to JMD
1 DOGE to $ 32.4 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 Karat 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 Karat 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 Karat 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.
