GEL
JMD
Last updated as of 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 Gelato(GEL) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 GEL at a value of 1 GEL for 15.60 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 Gelato currency pair is the GEL to JMD, with for Gelato's currency code being GEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
GEL to JMD conversion rate trend
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In the past 1D, Gelato has changed +15.63% to JMD. Based on the trend and price charts, Gelato(GEL) has changed +15.63% to JMD while Jamaican Dollar(JMD) has changed % to GEL in the last 24 hours.
How to buy Gelato
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Gelato (GEL)
Use a variety of payment options to buy Gelato on Bitget. We'll show you how.
Buy GEL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of GEL with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy GEL with USDT via Bitget spot market.
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Sell GEL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of GEL to JMD. However, you can first exchange GEL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Gelato to Jamaican Dollar?
Gelato to Jamaican Dollar is rising this week.Gelato's current market price is $ 15.6 per GEL, with a total market cap of $ 3,866,621,570.87 JMD based on a circulating supply of 247,924,110 GEL. The trading volume of Gelato has changed by +57.68% ($ 12,209,882.79 JMD) in the last 24 hours. Last trading day, GEL's trading volume was $ 21,169,156.87.
Market cap
$24.66M
24h volume
$212.92K
Circulating supply
247.92M GEL
Conversion tables
The exchange rate of Gelato is decreasing.1 GEL is currently valued at $ 15.6 JMD , which means buying 5 GEL will cost $ 77.98 JMD . Similarly, $1 JMD can be traded for 0.06412 GEL, and $50 JMD can be converted to 3.21 GEL, excluding any platform or gas fees.
The exchange rate of 1 GEL to Jamaican Dollar has changed by +12.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by +15.63%, reaching a high of 16.03 JMD and a low of 13.48 JMD . One month ago, the value of 1 GEL was $ 19.69 JMD , which represents a -20.81% change from its current value. Over the last year, Gelato has changed by , resulting in a change of -87.00% in its value.
-$
104.39JMDGEL to JMD
Amount
15:24 today
0.5 GEL
$7.8
1 GEL
$15.6
5 GEL
$77.98
10 GEL
$155.96
50 GEL
$779.8
100 GEL
$1,559.6
500 GEL
$7,797.99
1000 GEL
$15,595.99
JMD to GEL
Amount15:24 today
0.5JMD0.03206 GEL
1JMD0.06412 GEL
5JMD0.3206 GEL
10JMD0.6412 GEL
50JMD3.21 GEL
100JMD6.41 GEL
500JMD32.06 GEL
1000JMD64.12 GEL
Today vs. 24 hours ago
| Amount | 15:24 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GEL | $0.04974 | $0.04302 | +15.63% |
| 1 GEL | $0.09948 | $0.08604 | +15.63% |
| 5 GEL | $0.4974 | $0.4302 | +15.63% |
| 10 GEL | $0.9948 | $0.8604 | +15.63% |
| 50 GEL | $4.97 | $4.3 | +15.63% |
| 100 GEL | $9.95 | $8.6 | +15.63% |
| 500 GEL | $49.74 | $43.02 | +15.63% |
| 1000 GEL | $99.48 | $86.04 | +15.63% |
Today vs. 1 month ago
| Amount | 15:24 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GEL | $0.04974 | $0.06281 | -20.81% |
| 1 GEL | $0.09948 | $0.1256 | -20.81% |
| 5 GEL | $0.4974 | $0.6281 | -20.81% |
| 10 GEL | $0.9948 | $1.26 | -20.81% |
| 50 GEL | $4.97 | $6.28 | -20.81% |
| 100 GEL | $9.95 | $12.56 | -20.81% |
| 500 GEL | $49.74 | $62.81 | -20.81% |
| 1000 GEL | $99.48 | $125.62 | -20.81% |
Today vs. 1 year ago
| Amount | 15:24 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GEL | $0.04974 | $0.3827 | -87.00% |
| 1 GEL | $0.09948 | $0.7654 | -87.00% |
| 5 GEL | $0.4974 | $3.83 | -87.00% |
| 10 GEL | $0.9948 | $7.65 | -87.00% |
| 50 GEL | $4.97 | $38.27 | -87.00% |
| 100 GEL | $9.95 | $76.54 | -87.00% |
| 500 GEL | $49.74 | $382.68 | -87.00% |
| 1000 GEL | $99.48 | $765.37 | -87.00% |
Gelato price prediction
What will the price of GEL be in 2026?
Based on GEL's historical price performance prediction model, the price of GEL is projected to reach $0.09246 in 2026.
What will the price of GEL be in 2031?
In 2031, the GEL price is expected to change by +20.00%. By the end of 2031, the GEL price is projected to reach $0.1967, with a cumulative ROI of +123.69%.
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Popular Gelato conversions
Check out these popular currency conversions of Gelato to several fiat currencies.
Gelato to TWD
1 GEL to NT$ 3.27 TWD
Gelato to CNY
1 GEL to ¥ 0.7209 CNY
Gelato to JMD
1 GEL to $ 15.6 JMD
Gelato to USD
1 GEL to $ 0.09948 USD
Gelato to AUD
1 GEL to $ 0.1571 AUD
Gelato to EUR
1 GEL to € 0.09188 EUR
Gelato to CAD
1 GEL to $ 0.1429 CAD
Gelato to KRW
1 GEL to ₩ 143.86 KRW
Gelato to JPY
1 GEL to ¥ 14.67 JPY
Gelato to GBP
1 GEL to £ 0.07713 GBP
Gelato to BRL
1 GEL to R$ 0.5710 BRL
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Gelato.
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1 MOVE to $ 76.91 JMD
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1 ONDO to $ 181.15 JMD
Cronos to JMD
1 CRO to $ 14.26 JMD
Bitcoin Cash to JMD
1 BCH to $ 61,664.16 JMD
Aptos to JMD
1 APT to $ 961 JMD
Avalanche to JMD
1 AVAX to $ 3,413.85 JMD
Ethereum Classic to JMD
1 ETC to $ 3,184.99 JMD
Chainlink to JMD
1 LINK to $ 2,688.08 JMD
Axelar to JMD
1 AXL to $ 67.08 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 Gelato 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 Gelato 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 Gelato 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.
