DOC
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 Dollar on Chain(DOC) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 DOC at a value of 1 DOC for 158.04 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 Dollar on Chain currency pair is the DOC to JMD, with for Dollar on Chain's currency code being DOC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
DOC to JMD conversion rate trend
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In the past 1D, Dollar on Chain has changed +0.34% to JMD. Based on the trend and price charts, Dollar on Chain(DOC) has changed +0.34% to JMD while Jamaican Dollar(JMD) has changed % to DOC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $158.02 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 00:32:05(UTC+0)
How to buy Dollar on Chain
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 Dollar on Chain (DOC)
Use a variety of payment options to buy Dollar on Chain on Bitget. We'll show you how.
Buy DOC (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of DOC with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy DOC 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 DOC (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of DOC to JMD. However, you can first exchange DOC 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 Dollar on Chain to Jamaican Dollar?
Dollar on Chain to Jamaican Dollar is falling this week.Dollar on Chain's current market price is $ 158.04 per DOC, with a total market cap of $ 0 JMD based on a circulating supply of -- DOC. The trading volume of Dollar on Chain has changed by -58.31% ($ -41,250,315.46 JMD) in the last 24 hours. Last trading day, DOC's trading volume was $ 70,746,399.61.
Market cap
$0
24h volume
$184.87K
Circulating supply
0 DOC
Conversion tables
The exchange rate of Dollar on Chain is decreasing.1 DOC is currently valued at $ 158.04 JMD , which means buying 5 DOC will cost $ 790.21 JMD . Similarly, $1 JMD can be traded for 0.006327 DOC, and $50 JMD can be converted to 0.3164 DOC, excluding any platform or gas fees.
The exchange rate of 1 DOC to Jamaican Dollar has changed by -0.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.34%, reaching a high of 160.18 JMD and a low of 156.52 JMD . One month ago, the value of 1 DOC was $ 158.31 JMD , which represents a -0.17% change from its current value. Over the last year, Dollar on Chain has changed by , resulting in a change of -1.66% in its value.
-$
2.67JMDDOC to JMD
Amount
06:07 am today
0.5 DOC
$79.02
1 DOC
$158.04
5 DOC
$790.21
10 DOC
$1,580.42
50 DOC
$7,902.1
100 DOC
$15,804.19
500 DOC
$79,020.97
1000 DOC
$158,041.93
JMD to DOC
Amount06:07 am today
0.5JMD0.003164 DOC
1JMD0.006327 DOC
5JMD0.03164 DOC
10JMD0.06327 DOC
50JMD0.3164 DOC
100JMD0.6327 DOC
500JMD3.16 DOC
1000JMD6.33 DOC
Today vs. 24 hours ago
| Amount | 06:07 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DOC | $0.4953 | $0.4936 | +0.34% |
| 1 DOC | $0.9906 | $0.9872 | +0.34% |
| 5 DOC | $4.95 | $4.94 | +0.34% |
| 10 DOC | $9.91 | $9.87 | +0.34% |
| 50 DOC | $49.53 | $49.36 | +0.34% |
| 100 DOC | $99.06 | $98.72 | +0.34% |
| 500 DOC | $495.28 | $493.61 | +0.34% |
| 1000 DOC | $990.56 | $987.22 | +0.34% |
Today vs. 1 month ago
| Amount | 06:07 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DOC | $0.4953 | $0.4961 | -0.17% |
| 1 DOC | $0.9906 | $0.9922 | -0.17% |
| 5 DOC | $4.95 | $4.96 | -0.17% |
| 10 DOC | $9.91 | $9.92 | -0.17% |
| 50 DOC | $49.53 | $49.61 | -0.17% |
| 100 DOC | $99.06 | $99.22 | -0.17% |
| 500 DOC | $495.28 | $496.11 | -0.17% |
| 1000 DOC | $990.56 | $992.22 | -0.17% |
Today vs. 1 year ago
| Amount | 06:07 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DOC | $0.4953 | $0.5036 | -1.66% |
| 1 DOC | $0.9906 | $1.01 | -1.66% |
| 5 DOC | $4.95 | $5.04 | -1.66% |
| 10 DOC | $9.91 | $10.07 | -1.66% |
| 50 DOC | $49.53 | $50.36 | -1.66% |
| 100 DOC | $99.06 | $100.73 | -1.66% |
| 500 DOC | $495.28 | $503.65 | -1.66% |
| 1000 DOC | $990.56 | $1,007.29 | -1.66% |
Dollar on Chain price prediction
What will the price of DOC be in 2025?
Based on DOC's historical price performance prediction model, the price of DOC is projected to reach $1.13 in 2025.
What will the price of DOC be in 2030?
In 2030, the DOC price is expected to change by -17.00%. By the end of 2030, the DOC price is projected to reach $1.85, with a cumulative ROI of +85.13%.
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Popular Dollar on Chain conversions
Check out these popular currency conversions of Dollar on Chain to several fiat currencies.
Dollar on Chain to USD
1 DOC to $ 0.9906 USD
Dollar on Chain to GBP
1 DOC to £ 0.7869 GBP
Dollar on Chain to EUR
1 DOC to € 0.9456 EUR
Dollar on Chain to KRW
1 DOC to ₩ 1,386.74 KRW
Dollar on Chain to CAD
1 DOC to $ 1.38 CAD
Dollar on Chain to AUD
1 DOC to $ 1.52 AUD
Dollar on Chain to JPY
1 DOC to ¥ 152.86 JPY
Dollar on Chain to BRL
1 DOC to R$ 5.76 BRL
Dollar on Chain to CNY
1 DOC to ¥ 7.18 CNY
Dollar on Chain to TWD
1 DOC to NT$ 32.23 TWD
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Explore other cryptocurrencies based on your interest in Dollar on Chain.
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Just a chill guy to JMD
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1 XRP to $ 224.17 JMD
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1 XLM to $ 45.39 JMD
Solana to JMD
1 SOL to $ 41,622.27 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 Dollar on 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 Dollar on 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 Dollar on 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.
