OAX
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 OAX(OAX) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 OAX at a value of 1 OAX for 5.85 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 OAX currency pair is the OAX to JMD, with for OAX's currency code being OAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
OAX to JMD conversion rate trend
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In the past 1D, OAX has changed -7.27% to JMD. Based on the trend and price charts, OAX(OAX) has changed -7.27% to JMD while Jamaican Dollar(JMD) has changed % to OAX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $5.87 | 0.0200% / 0.0320%  VIP 7 | |
Binance | $5.58 | 0.1000% / 0.1000% | Yes |
Gate.io | $5.72 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 16:00:12(UTC+0)
How to buy OAX
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Buy OAX (OAX)
Use a variety of payment options to buy OAX on Bitget. We'll show you how.
Learn MoreBuy OAX (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of OAX with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy OAX 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 OAX (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of OAX to JMD. However, you can first exchange OAX 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 OAX to Jamaican Dollar?
OAX to Jamaican Dollar is falling this week.OAX's current market price is $ 5.85 per OAX, with a total market cap of $ 450,852,851.05 JMD based on a circulating supply of 77,034,450 OAX. The trading volume of OAX has changed by +7.68% ($ 20,908,111.58 JMD) in the last 24 hours. Last trading day, OAX's trading volume was $ 272,113,482.97.
Market cap
$2.89M
24h volume
$1.88M
Circulating supply
77.03M OAX
Conversion tables
The exchange rate of OAX is decreasing.1 OAX is currently valued at $ 5.85 JMD , which means buying 5 OAX will cost $ 29.26 JMD . Similarly, $1 JMD can be traded for 0.1709 OAX, and $50 JMD can be converted to 8.54 OAX, excluding any platform or gas fees.
The exchange rate of 1 OAX to Jamaican Dollar has changed by -6.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.27%, reaching a high of 7.2 JMD and a low of 5.35 JMD . One month ago, the value of 1 OAX was $ 24.5 JMD , which represents a -76.17% change from its current value. Over the last year, OAX has changed by , resulting in a change of -79.42% in its value.
-$
22.51JMDOAX to JMD
Amount
18:04 today
0.5 OAX
$2.93
1 OAX
$5.85
5 OAX
$29.26
10 OAX
$58.53
50 OAX
$292.63
100 OAX
$585.26
500 OAX
$2,926.31
1000 OAX
$5,852.61
JMD to OAX
Amount18:04 today
0.5JMD0.08543 OAX
1JMD0.1709 OAX
5JMD0.8543 OAX
10JMD1.71 OAX
50JMD8.54 OAX
100JMD17.09 OAX
500JMD85.43 OAX
1000JMD170.86 OAX
Today vs. 24 hours ago
| Amount | 18:04 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OAX | $0.01878 | $0.02025 | -7.27% |
| 1 OAX | $0.03756 | $0.04049 | -7.27% |
| 5 OAX | $0.1878 | $0.2025 | -7.27% |
| 10 OAX | $0.3756 | $0.4049 | -7.27% |
| 50 OAX | $1.88 | $2.02 | -7.27% |
| 100 OAX | $3.76 | $4.05 | -7.27% |
| 500 OAX | $18.78 | $20.25 | -7.27% |
| 1000 OAX | $37.56 | $40.49 | -7.27% |
Today vs. 1 month ago
| Amount | 18:04 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OAX | $0.01878 | $0.07861 | -76.17% |
| 1 OAX | $0.03756 | $0.1572 | -76.17% |
| 5 OAX | $0.1878 | $0.7861 | -76.17% |
| 10 OAX | $0.3756 | $1.57 | -76.17% |
| 50 OAX | $1.88 | $7.86 | -76.17% |
| 100 OAX | $3.76 | $15.72 | -76.17% |
| 500 OAX | $18.78 | $78.61 | -76.17% |
| 1000 OAX | $37.56 | $157.22 | -76.17% |
Today vs. 1 year ago
| Amount | 18:04 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OAX | $0.01878 | $0.09101 | -79.42% |
| 1 OAX | $0.03756 | $0.1820 | -79.42% |
| 5 OAX | $0.1878 | $0.9101 | -79.42% |
| 10 OAX | $0.3756 | $1.82 | -79.42% |
| 50 OAX | $1.88 | $9.1 | -79.42% |
| 100 OAX | $3.76 | $18.2 | -79.42% |
| 500 OAX | $18.78 | $91.01 | -79.42% |
| 1000 OAX | $37.56 | $182.03 | -79.42% |
OAX price prediction
What will the price of OAX be in 2025?
Based on OAX's historical price performance prediction model, the price of OAX is projected to reach $0.06787 in 2025.
What will the price of OAX be in 2030?
In 2030, the OAX price is expected to change by -1.00%. By the end of 2030, the OAX price is projected to reach $0.1162, with a cumulative ROI of +194.30%.
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Popular OAX conversions
Check out these popular currency conversions of OAX to several fiat currencies.
OAX to USD
1 OAX to $ 0.03756 USD
OAX to GBP
1 OAX to £ 0.02988 GBP
OAX to EUR
1 OAX to € 0.03601 EUR
OAX to KRW
1 OAX to ₩ 54.32 KRW
OAX to CAD
1 OAX to $ 0.05392 CAD
OAX to AUD
1 OAX to $ 0.06008 AUD
OAX to JPY
1 OAX to ¥ 5.88 JPY
OAX to BRL
1 OAX to R$ 0.2286 BRL
OAX to CNY
1 OAX to ¥ 0.2741 CNY
OAX to TWD
1 OAX to NT$ 1.23 TWD
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1 SHOGGOTH to $ 8.61 JMD
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1 FTT to $ 458.58 JMD
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1 LUCE to $ 13.74 JMD
HEX (PulseChain) to JMD
1 HEX to $ 2.1 JMD
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1 DEXE to $ 1,606.44 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 OAX 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 OAX 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 OAX 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.
