MIC
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 Magic Internet Cash(MIC) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MIC at a value of 1 MIC for 0.06 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 Magic Internet Cash currency pair is the MIC to JMD, with for Magic Internet Cash's currency code being MIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MIC to JMD conversion rate trend
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In the past 1D, Magic Internet Cash has changed -8.15% to JMD. Based on the trend and price charts, Magic Internet Cash(MIC) has changed -8.15% to JMD while Jamaican Dollar(JMD) has changed % to MIC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.05835 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 00:34:06(UTC+0)
How to buy Magic Internet Cash
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 Magic Internet Cash (MIC)
Use a variety of payment options to buy Magic Internet Cash on Bitget. We'll show you how.
Buy MIC (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MIC with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MIC 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 MIC (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MIC to JMD. However, you can first exchange MIC 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 Magic Internet Cash to Jamaican Dollar?
Magic Internet Cash to Jamaican Dollar is falling this week.Magic Internet Cash's current market price is $ 0.05835 per MIC, with a total market cap of $ 0 JMD based on a circulating supply of -- MIC. The trading volume of Magic Internet Cash has changed by -19.62% ($ -15,797.17 JMD) in the last 24 hours. Last trading day, MIC's trading volume was $ 80,507.45.
Market cap
$0
24h volume
$408.55801557
Circulating supply
0 MIC
Conversion tables
The exchange rate of Magic Internet Cash is increasing.1 MIC is currently valued at $ 0.05835 JMD , which means buying 5 MIC will cost $ 0.2918 JMD . Similarly, $1 JMD can be traded for 17.14 MIC, and $50 JMD can be converted to 856.86 MIC, excluding any platform or gas fees.
The exchange rate of 1 MIC to Jamaican Dollar has changed by -27.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.15%, reaching a high of 0.06353 JMD and a low of 0.05745 JMD . One month ago, the value of 1 MIC was $ 0.05228 JMD , which represents a +11.63% change from its current value. Over the last year, Magic Internet Cash has changed by , resulting in a change of +143.48% in its value.
+$
0.03439JMDMIC to JMD
Amount
06:22 am today
0.5 MIC
$0.02918
1 MIC
$0.05835
5 MIC
$0.2918
10 MIC
$0.5835
50 MIC
$2.92
100 MIC
$5.84
500 MIC
$29.18
1000 MIC
$58.35
JMD to MIC
Amount06:22 am today
0.5JMD8.57 MIC
1JMD17.14 MIC
5JMD85.69 MIC
10JMD171.37 MIC
50JMD856.86 MIC
100JMD1,713.72 MIC
500JMD8,568.62 MIC
1000JMD17,137.23 MIC
Today vs. 24 hours ago
| Amount | 06:22 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MIC | $0.0001842 | $0.0002006 | -8.15% |
| 1 MIC | $0.0003684 | $0.0004011 | -8.15% |
| 5 MIC | $0.001842 | $0.002006 | -8.15% |
| 10 MIC | $0.003684 | $0.004011 | -8.15% |
| 50 MIC | $0.01842 | $0.02006 | -8.15% |
| 100 MIC | $0.03684 | $0.04011 | -8.15% |
| 500 MIC | $0.1842 | $0.2006 | -8.15% |
| 1000 MIC | $0.3684 | $0.4011 | -8.15% |
Today vs. 1 month ago
| Amount | 06:22 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MIC | $0.0001842 | $0.0001650 | +11.63% |
| 1 MIC | $0.0003684 | $0.0003300 | +11.63% |
| 5 MIC | $0.001842 | $0.001650 | +11.63% |
| 10 MIC | $0.003684 | $0.003300 | +11.63% |
| 50 MIC | $0.01842 | $0.01650 | +11.63% |
| 100 MIC | $0.03684 | $0.03300 | +11.63% |
| 500 MIC | $0.1842 | $0.1650 | +11.63% |
| 1000 MIC | $0.3684 | $0.3300 | +11.63% |
Today vs. 1 year ago
| Amount | 06:22 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MIC | $0.0001842 | $0.{4}7566 | +143.48% |
| 1 MIC | $0.0003684 | $0.0001513 | +143.48% |
| 5 MIC | $0.001842 | $0.0007566 | +143.48% |
| 10 MIC | $0.003684 | $0.001513 | +143.48% |
| 50 MIC | $0.01842 | $0.007566 | +143.48% |
| 100 MIC | $0.03684 | $0.01513 | +143.48% |
| 500 MIC | $0.1842 | $0.07566 | +143.48% |
| 1000 MIC | $0.3684 | $0.1513 | +143.48% |
Magic Internet Cash price prediction
What will the price of MIC be in 2025?
Based on MIC's historical price performance prediction model, the price of MIC is projected to reach $0.0005181 in 2025.
What will the price of MIC be in 2030?
In 2030, the MIC price is expected to change by -6.00%. By the end of 2030, the MIC price is projected to reach $0.0005225, with a cumulative ROI of +41.81%.
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Popular Magic Internet Cash conversions
Check out these popular currency conversions of Magic Internet Cash to several fiat currencies.
Magic Internet Cash to USD
1 MIC to $ 0.0003684 USD
Magic Internet Cash to GBP
1 MIC to £ 0.0002925 GBP
Magic Internet Cash to EUR
1 MIC to € 0.0003516 EUR
Magic Internet Cash to KRW
1 MIC to ₩ 0.5148 KRW
Magic Internet Cash to CAD
1 MIC to $ 0.0005137 CAD
Magic Internet Cash to AUD
1 MIC to $ 0.0005647 AUD
Magic Internet Cash to JPY
1 MIC to ¥ 0.05673 JPY
Magic Internet Cash to BRL
1 MIC to R$ 0.002141 BRL
Magic Internet Cash to CNY
1 MIC to ¥ 0.002671 CNY
Magic Internet Cash to TWD
1 MIC to NT$ 0.01196 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Magic Internet Cash.
Bitcoin to JMD
1 BTC to $ 15,586,443.36 JMD
MAD to JMD
1 MAD to $ 0.006663 JMD
Stellar to JMD
1 XLM to $ 83.01 JMD
EGO to JMD
1 EGO to $ 3.23 JMD
Cardano to JMD
1 ADA to $ 166.03 JMD
Puffer to JMD
1 PUFFER to $ -- JMD
XRP to JMD
1 XRP to $ 231.55 JMD
Just a chill guy to JMD
1 CHILLGUY to $ 66.85 JMD
Dogecoin to JMD
1 DOGE to $ 67.52 JMD
The Sandbox to JMD
1 SAND to $ 126.24 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 Magic Internet Cash 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 Magic Internet Cash 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 Magic Internet Cash 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.
