MERL
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 Merlin Chain(MERL) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MERL at a value of 1 MERL for 39.90 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 Merlin Chain currency pair is the MERL to JMD, with for Merlin Chain's currency code being MERL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MERL to JMD conversion rate trend
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In the past 1D, Merlin Chain has changed -6.31% to JMD. Based on the trend and price charts, Merlin Chain(MERL) has changed -6.31% to JMD while Jamaican Dollar(JMD) has changed % to MERL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $39.3 | 0.0200% / 0.0320%  VIP 7 | |
OKX | $39.43 | 0.080% / 0.100% | Yes |
Huobi | $39.43 | 0.1000% / 0.1000% | Yes |
Gate.io | $39.41 | 0.1000% / 0.1000% | Yes |
Bybit | $39.49 | 0.1000% / 0.1000% | Yes |
KuCoin | $39.46 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy Merlin Chain
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Merlin Chain (MERL)
Use a variety of payment options to buy Merlin Chain on Bitget. We'll show you how.
Learn MoreBuy MERL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MERL with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MERL 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 MERL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MERL to JMD. However, you can first exchange MERL 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 Merlin Chain to Jamaican Dollar?
Merlin Chain to Jamaican Dollar is falling this week.Merlin Chain's current market price is $ 39.9 per MERL, with a total market cap of $ 20,946,457,822.35 JMD based on a circulating supply of 525,000,000 MERL. The trading volume of Merlin Chain has changed by -39.36% ($ -1,146,846,403.51 JMD) in the last 24 hours. Last trading day, MERL's trading volume was $ 2,914,076,349.13.
Market cap
$134.41M
24h volume
$11.34M
Circulating supply
525.00M MERL
Conversion tables
The exchange rate of Merlin Chain is decreasing.1 MERL is currently valued at $ 39.9 JMD , which means buying 5 MERL will cost $ 199.49 JMD . Similarly, $1 JMD can be traded for 0.02506 MERL, and $50 JMD can be converted to 1.25 MERL, excluding any platform or gas fees.
The exchange rate of 1 MERL to Jamaican Dollar has changed by -20.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.31%, reaching a high of 42.34 JMD and a low of 38.55 JMD . One month ago, the value of 1 MERL was $ 50.58 JMD , which represents a -21.08% change from its current value. Over the last year, Merlin Chain has changed by , resulting in a change of -84.06% in its value.
-$
210.94JMDMERL to JMD
Amount
08:40 am today
0.5 MERL
$19.95
1 MERL
$39.9
5 MERL
$199.49
10 MERL
$398.98
50 MERL
$1,994.9
100 MERL
$3,989.8
500 MERL
$19,949.01
1000 MERL
$39,898.01
JMD to MERL
Amount08:40 am today
0.5JMD0.01253 MERL
1JMD0.02506 MERL
5JMD0.1253 MERL
10JMD0.2506 MERL
50JMD1.25 MERL
100JMD2.51 MERL
500JMD12.53 MERL
1000JMD25.06 MERL
Today vs. 24 hours ago
| Amount | 08:40 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MERL | $0.1280 | $0.1367 | -6.31% |
| 1 MERL | $0.2560 | $0.2733 | -6.31% |
| 5 MERL | $1.28 | $1.37 | -6.31% |
| 10 MERL | $2.56 | $2.73 | -6.31% |
| 50 MERL | $12.8 | $13.67 | -6.31% |
| 100 MERL | $25.6 | $27.33 | -6.31% |
| 500 MERL | $128.01 | $136.66 | -6.31% |
| 1000 MERL | $256.03 | $273.32 | -6.31% |
Today vs. 1 month ago
| Amount | 08:40 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MERL | $0.1280 | $0.1623 | -21.08% |
| 1 MERL | $0.2560 | $0.3246 | -21.08% |
| 5 MERL | $1.28 | $1.62 | -21.08% |
| 10 MERL | $2.56 | $3.25 | -21.08% |
| 50 MERL | $12.8 | $16.23 | -21.08% |
| 100 MERL | $25.6 | $32.46 | -21.08% |
| 500 MERL | $128.01 | $162.3 | -21.08% |
| 1000 MERL | $256.03 | $324.59 | -21.08% |
Today vs. 1 year ago
| Amount | 08:40 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MERL | $0.1280 | $0.8048 | -84.06% |
| 1 MERL | $0.2560 | $1.61 | -84.06% |
| 5 MERL | $1.28 | $8.05 | -84.06% |
| 10 MERL | $2.56 | $16.1 | -84.06% |
| 50 MERL | $12.8 | $80.48 | -84.06% |
| 100 MERL | $25.6 | $160.96 | -84.06% |
| 500 MERL | $128.01 | $804.82 | -84.06% |
| 1000 MERL | $256.03 | $1,609.65 | -84.06% |
Merlin Chain price prediction
What will the price of MERL be in 2025?
Based on MERL's historical price performance prediction model, the price of MERL is projected to reach $0.3481 in 2025.
What will the price of MERL be in 2030?
In 2030, the MERL price is expected to change by -7.00%. By the end of 2030, the MERL price is projected to reach $0.7674, with a cumulative ROI of +175.38%.
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Popular Merlin Chain conversions
Check out these popular currency conversions of Merlin Chain to several fiat currencies.
Merlin Chain to USD
1 MERL to $ 0.2560 USD
Merlin Chain to GBP
1 MERL to £ 0.2037 GBP
Merlin Chain to EUR
1 MERL to € 0.2455 EUR
Merlin Chain to KRW
1 MERL to ₩ 370.32 KRW
Merlin Chain to CAD
1 MERL to $ 0.3680 CAD
Merlin Chain to AUD
1 MERL to $ 0.4095 AUD
Merlin Chain to JPY
1 MERL to ¥ 40.06 JPY
Merlin Chain to BRL
1 MERL to R$ 1.56 BRL
Merlin Chain to CNY
1 MERL to ¥ 1.87 CNY
Merlin Chain to TWD
1 MERL to NT$ 8.35 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Merlin Chain.
Adventure Gold to JMD
1 AGLD to $ 274.21 JMD
IDEX to JMD
1 IDEX to $ 10.08 JMD
Hive to JMD
1 HIVE to $ 54.55 JMD
Baby Pengu to JMD
1 BABYPENGU to $ 26.08 JMD
HEX (PulseChain) to JMD
1 HEX to $ 2.85 JMD
JUNO to JMD
1 JUNO to $ 43.77 JMD
dForce to JMD
1 DF to $ 12.63 JMD
PulseX to JMD
1 PLSX to $ 0.005875 JMD
Shoggoth (shoggoth.monster) to JMD
1 SHOGGOTH to $ 8.1 JMD
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FUNToken to JMD
1 FUN to $ 0.8071 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 Merlin Chain 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 Merlin Chain 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 Merlin Chain 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.
