GEN
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 Generation(GEN) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 GEN at a value of 1 GEN for 0.01 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 Generation currency pair is the GEN to JMD, with for Generation's currency code being GEN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
GEN to JMD conversion rate trend
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In the past 1D, Generation has changed +9.08% to JMD. Based on the trend and price charts, Generation(GEN) has changed +9.08% to JMD while Jamaican Dollar(JMD) has changed % to GEN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.01032 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/18 16:34:52(UTC+0)
How to buy Generation
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 Generation (GEN)
Use a variety of payment options to buy Generation on Bitget. We'll show you how.
Buy GEN (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of GEN with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy GEN 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 GEN (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of GEN to JMD. However, you can first exchange GEN 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 Generation to Jamaican Dollar?
Generation to Jamaican Dollar is rising this week.Generation's current market price is $ 0.01032 per GEN, with a total market cap of $ 0 JMD based on a circulating supply of -- GEN. The trading volume of Generation has changed by -0.02% ($ -1.46 JMD) in the last 24 hours. Last trading day, GEN's trading volume was $ 9,178.82.
Market cap
$0
24h volume
$57.79349668
Circulating supply
0 GEN
Conversion tables
The exchange rate of Generation is increasing.1 GEN is currently valued at $ 0.01032 JMD , which means buying 5 GEN will cost $ 0.05159 JMD . Similarly, $1 JMD can be traded for 96.92 GEN, and $50 JMD can be converted to 4,845.89 GEN, excluding any platform or gas fees.
The exchange rate of 1 GEN to Jamaican Dollar has changed by +100.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.08%, reaching a high of 0.07632 JMD and a low of 0.03813 JMD . One month ago, the value of 1 GEN was $ 0.005514 JMD , which represents a +6.72% change from its current value. Over the last year, Generation has changed by , resulting in a change of -99.93% in its value.
-$
107.91JMDGEN to JMD
Amount
17:43 today
0.5 GEN
$0.005159
1 GEN
$0.01032
5 GEN
$0.05159
10 GEN
$0.1032
50 GEN
$0.5159
100 GEN
$1.03
500 GEN
$5.16
1000 GEN
$10.32
JMD to GEN
Amount17:43 today
0.5JMD48.46 GEN
1JMD96.92 GEN
5JMD484.59 GEN
10JMD969.18 GEN
50JMD4,845.89 GEN
100JMD9,691.78 GEN
500JMD48,458.91 GEN
1000JMD96,917.81 GEN
Today vs. 24 hours ago
| Amount | 17:43 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GEN | $0.{4}3249 | $0.{4}1250 | +9.08% |
| 1 GEN | $0.{4}6498 | $0.{4}2499 | +9.08% |
| 5 GEN | $0.0003249 | $0.0001250 | +9.08% |
| 10 GEN | $0.0006498 | $0.0002499 | +9.08% |
| 50 GEN | $0.003249 | $0.001250 | +9.08% |
| 100 GEN | $0.006498 | $0.002499 | +9.08% |
| 500 GEN | $0.03249 | $0.01250 | +9.08% |
| 1000 GEN | $0.06498 | $0.02499 | +9.08% |
Today vs. 1 month ago
| Amount | 17:43 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GEN | $0.{4}3249 | $0.{4}1736 | +6.72% |
| 1 GEN | $0.{4}6498 | $0.{4}3472 | +6.72% |
| 5 GEN | $0.0003249 | $0.0001736 | +6.72% |
| 10 GEN | $0.0006498 | $0.0003472 | +6.72% |
| 50 GEN | $0.003249 | $0.001736 | +6.72% |
| 100 GEN | $0.006498 | $0.003472 | +6.72% |
| 500 GEN | $0.03249 | $0.01736 | +6.72% |
| 1000 GEN | $0.06498 | $0.03472 | +6.72% |
Today vs. 1 year ago
| Amount | 17:43 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GEN | $0.{4}3249 | $0.3398 | -99.93% |
| 1 GEN | $0.{4}6498 | $0.6796 | -99.93% |
| 5 GEN | $0.0003249 | $3.4 | -99.93% |
| 10 GEN | $0.0006498 | $6.8 | -99.93% |
| 50 GEN | $0.003249 | $33.98 | -99.93% |
| 100 GEN | $0.006498 | $67.96 | -99.93% |
| 500 GEN | $0.03249 | $339.81 | -99.93% |
| 1000 GEN | $0.06498 | $679.62 | -99.93% |
Generation price prediction
What will the price of GEN be in 2025?
Based on GEN's historical price performance prediction model, the price of GEN is projected to reach $0.{4}5052 in 2025.
What will the price of GEN be in 2030?
In 2030, the GEN price is expected to change by +7.00%. By the end of 2030, the GEN price is projected to reach $0.{4}6838, with a cumulative ROI of +5.23%.
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Popular Generation conversions
Check out these popular currency conversions of Generation to several fiat currencies.
Generation to USD
1 GEN to $ 0.{4}6498 USD
Generation to GBP
1 GEN to £ 0.{4}5140 GBP
Generation to EUR
1 GEN to € 0.{4}6145 EUR
Generation to KRW
1 GEN to ₩ 0.09054 KRW
Generation to CAD
1 GEN to $ 0.{4}9129 CAD
Generation to AUD
1 GEN to $ 0.0001002 AUD
Generation to JPY
1 GEN to ¥ 0.01007 JPY
Generation to BRL
1 GEN to R$ 0.0003731 BRL
Generation to CNY
1 GEN to ¥ 0.0004705 CNY
Generation to TWD
1 GEN to NT$ 0.002113 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Generation.
XRP to JMD
1 XRP to $ 182.85 JMD
Cardano to JMD
1 ADA to $ 119.27 JMD
Hooked Protocol to JMD
1 HOOK to $ 69.21 JMD
Solana to JMD
1 SOL to $ 38,150.05 JMD
Dogecoin to JMD
1 DOGE to $ 59.36 JMD
Aevo to JMD
1 AEVO to $ 61.17 JMD
Pepe to JMD
1 PEPE to $ 0.003347 JMD
Peanut the Squirrel to JMD
1 PNUT to $ 259.63 JMD
Bonk to JMD
1 BONK to $ 0.007717 JMD
Hedera to JMD
1 HBAR to $ 20.62 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 Generation 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 Generation 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 Generation 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.
