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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.02%
New listings on Bitget: Pi Network
BTC/USDT$82463.49 (-1.02%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.02%
New listings on Bitget: Pi Network
BTC/USDT$82463.49 (-1.02%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
KCT
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 Konnect(KCT) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 KCT at a value of 1 KCT for 0.13 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 Konnect currency pair is the KCT to JMD, with for Konnect's currency code being KCT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
KCT to JMD conversion rate trend
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In the past 1D, Konnect has changed +5.10% to JMD. Based on the trend and price charts, Konnect(KCT) has changed +5.10% to JMD while Jamaican Dollar(JMD) has changed % to KCT in the last 24 hours.
KCT to JMD market statistics
KCT/JMD:
$ 0.1266
KCT 24h volume:
$ 14,645,719.38
KCT market cap:
$ 907,045,633.71
KCT circulating supply:
7.17B KCT
More info about Konnect on Bitget
Current KCT to JMD exchange rate
Konnect to Jamaican Dollar is rising this week.Konnect's current market price is $ 0.1266 per KCT, with a total market cap of $ 907,045,633.71 JMD based on a circulating supply of 7,166,667,000 KCT. The trading volume of Konnect has changed by -17.89% ($ -3,190,595.72 JMD) in the last 24 hours. Last trading day, KCT's trading volume was $ 17,836,315.1.
KCT to JMD Conversion tables
The exchange rate of Konnect is increasing.1 KCT is currently valued at $ 0.1266 JMD , which means buying 5 KCT will cost $ 0.6328 JMD . Similarly, $1 JMD can be traded for 7.9 KCT, and $50 JMD can be converted to 395.06 KCT, excluding any platform or gas fees.
The exchange rate of 1 KCT to Jamaican Dollar has changed by +23.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.10%, reaching a high of 0.1315 JMD and a low of 0.1144 JMD . One month ago, the value of 1 KCT was $ 0.05291 JMD , which represents a +139.19% change from its current value. Over the last year, Konnect has changed by , resulting in a change of -88.33% in its value.
-$
0.9576JMDKCT to JMD
Amount
10:54 am today
0.5 KCT
$0.06328
1 KCT
$0.1266
5 KCT
$0.6328
10 KCT
$1.27
50 KCT
$6.33
100 KCT
$12.66
500 KCT
$63.28
1000 KCT
$126.56
JMD to KCT
Amount10:54 am today
0.5JMD3.95 KCT
1JMD7.9 KCT
5JMD39.51 KCT
10JMD79.01 KCT
50JMD395.06 KCT
100JMD790.11 KCT
500JMD3,950.55 KCT
1000JMD7,901.11 KCT
KCT to JMD Today vs. 24 hours ago
| Amount | 10:54 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 KCT | $0.06328 | $0.06021 | +5.10% |
| 1 KCT | $0.1266 | $0.1204 | +5.10% |
| 5 KCT | $0.6328 | $0.6021 | +5.10% |
| 10 KCT | $1.27 | $1.2 | +5.10% |
| 50 KCT | $6.33 | $6.02 | +5.10% |
| 100 KCT | $12.66 | $12.04 | +5.10% |
| 500 KCT | $63.28 | $60.21 | +5.10% |
| 1000 KCT | $126.56 | $120.42 | +5.10% |
KCT to JMD Today vs. 1 month ago
| Amount | 10:54 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 KCT | $0.06328 | $0.02646 | +139.19% |
| 1 KCT | $0.1266 | $0.05291 | +139.19% |
| 5 KCT | $0.6328 | $0.2646 | +139.19% |
| 10 KCT | $1.27 | $0.5291 | +139.19% |
| 50 KCT | $6.33 | $2.65 | +139.19% |
| 100 KCT | $12.66 | $5.29 | +139.19% |
| 500 KCT | $63.28 | $26.46 | +139.19% |
| 1000 KCT | $126.56 | $52.91 | +139.19% |
KCT to JMD Today vs. 1 year ago
| Amount | 10:54 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 KCT | $0.06328 | $0.5421 | -88.33% |
| 1 KCT | $0.1266 | $1.08 | -88.33% |
| 5 KCT | $0.6328 | $5.42 | -88.33% |
| 10 KCT | $1.27 | $10.84 | -88.33% |
| 50 KCT | $6.33 | $54.21 | -88.33% |
| 100 KCT | $12.66 | $108.41 | -88.33% |
| 500 KCT | $63.28 | $542.06 | -88.33% |
| 1000 KCT | $126.56 | $1,084.13 | -88.33% |
How to convert KCT to JMD
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Convert KCT to JMD
Use a variety of payment options to buy Konnect on Bitget. We'll show you how.
Buy KCT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of KCT with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy KCT 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 KCT (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of KCT to JMD. However, you can first exchange KCT 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 KCT to JMD?
There are many factors that affect the relationship between Konnect and Jamaican Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of KCT/JMD. When there is positive news in the market about the widespread adoption of KCT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of KCT/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in KCT/JMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of KCT/JMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Konnect and adjust their investment strategies accordingly in the evolving market.
Konnect price prediction
What will the price of KCT be in 2026?
Based on KCT's historical price performance prediction model, the price of KCT is projected to reach $0.0007386 in 2026.
What will the price of KCT be in 2031?
In 2031, the KCT price is expected to change by +5.00%. By the end of 2031, the KCT price is projected to reach $0.001652, with a cumulative ROI of +113.76%.
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Popular Konnect Converter
Check out these popular currency conversions of Konnect to several fiat currencies.
KCT to TWD
1 KCT to NT$ 0.02650 TWD
KCT to CNY
1 KCT to ¥ 0.005852 CNY
KCT to JMD
1 KCT to $ 0.1266 JMD
KCT to USD
1 KCT to $ 0.0008035 USD
KCT to EUR
1 KCT to € 0.0007301 EUR
KCT to CAD
1 KCT to $ 0.001136 CAD
KCT to KRW
1 KCT to ₩ 1.16 KRW
KCT to JPY
1 KCT to ¥ 0.1175 JPY
KCT to GBP
1 KCT to £ 0.0006175 GBP
KCT to BRL
1 KCT to R$ 0.004542 BRL
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in Konnect.
ATOM to JMD
1 ATOM to $ 745.21 JMD
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1 DGB to $ 1.71 JMD
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1 USUAL to $ 22.5 JMD
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1 AMP to $ 0.5725 JMD
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1 CRTS to $ 0.05294 JMD
FUN to JMD
1 FUN to $ 0.8908 JMD
MLK to JMD
1 MLK to $ 24.51 JMD
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1 BSW to $ 2.78 JMD
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1 STO to $ 9.97 JMD
BORA to JMD
1 BORA to $ 14.3 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 Konnect 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 Konnect 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 Konnect 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.
