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MBLK to JMD Converter and calculator

MBLK/JMD: 1 MBLK = 0.04718 JMD. The price of converting 1 Magical Blocks (MBLK) to Jamaican Dollar (JMD) is 0.04718 JMD today.
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JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MBLK to JMD real-time exchange rates, making it easy to convert Magical Blocks (MBLK) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MBLK is currently valued at 0.05 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MBLK is currently valued at 0.05 JMD, which means buying 5 MBLK would cost 0.24 JMD. Similarly, $1 JMD can be converted to 21.2 MBLK, and $50 JMD can be converted to 105.99 MBLK, excluding any platform or gas fees.

Convert MBLK to JMD

Convert JMD to MBLK

Magical Blocks
Jamaican Dollar
5000 MBLK
235.88  JMD
10000 MBLK
471.75  JMD
In the table above, you'll find a comprehensive MBLK to JMD converter that shows the value of Magical Blocks in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MBLK to JMD, all the way up to 10000 MBLK, providing a clear view of their respective values.
Jamaican Dollar
Magical Blocks
1000 JMD
21,197.65 MBLK
2000 JMD
42,395.31 MBLK
5000 JMD
105,988.26 MBLK
10000 JMD
211,976.53 MBLK
50000 JMD
1,059,882.63 MBLK
100000 JMD
2,119,765.27 MBLK
In the table above, you'll find a comprehensive JMD to MBLK converter that shows the value of Jamaican Dollar in Magical Blocks across commonly used conversion amounts. The list covers conversions from 1 JMD to MBLK, all the way up to 100000 JMD, providing a clear view of their respective values.

MBLK to JMD chart

MBLK/JMD: 1 MBLK = 0.04718 JMD; 2025/04/29 22:07:49
In the past 1D, Magical Blocks has changed +5.11% to JMD. Based on the trend and price charts, Magical Blocks(MBLK) has changed +5.11% to JMD while Jamaican Dollar(JMD) has changed % to MBLK in the last 24 hours.
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MBLK to JMD conversion data: Volatility and price changes of Magical Blocks in JMD

The highest Magical Blocks price in JMD over the past 7 days was 0.07790 JMD while the lowest Magical Blocks price in JMD over the past 7 days was 0.04150 JMD. The relative change between the highs and lows in Magical Blocks price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MBLK to JMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.04869 JMD
0.07790 JMD
0.07790 JMD
0.6072 JMD
Low
0.04478 JMD
0.04150 JMD
0.02350 JMD
0.02232 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+5.11%
+2.82%
+47.33%
-76.77%

Magical Blocks information

MBLK to JMD market statistics

MBLK/JMD:
$0.04718
MBLK 24h volume:
$2,462,447.26
MBLK market cap:
$5,461,308.66
MBLK circulating supply:
115.77M MBLK

Current MBLK to JMD exchange rate

Magical Blocks to Jamaican Dollar is rising this week.
Magical Blocks's current market price is $0.04718 per MBLK, with a total market cap of $5,461,308.66 JMD based on a circulating supply of 115,766,920 MBLK. The trading volume of Magical Blocks has changed by -5.18% ($-134,539.50 JMD) in the last 24 hours. Last trading day, MBLK's trading volume was $2,596,986.75.

More info about Magical Blocks on Bitget

Jamaican Dollar 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 Magical Blocks currency pair is the MBLK to JMD, with for Magical Blocks's currency code being MBLK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert MBLK to JMD

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MBLK to JMD Conversion tables

The exchange rate of Magical Blocks is increasing.
The exchange rate of 1 MBLK to Jamaican Dollar has changed by +2.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.11%, reaching a high of 0.04869 JMD and a low of 0.04478 JMD . One month ago, the value of 1 MBLK was $0.03202 JMD , which represents a +47.33% change from its current value. Over the last year, Magical Blocks has changed by
-$
2.78JMD
, resulting in a change of -98.33% in its value.
24 hours ago1 month ago1 year ago
Amount22:07 today24 hours ago24h change
0.5 MBLK$0.02359$0.02244
+5.11%
1 MBLK$0.04718$0.04488
+5.11%
5 MBLK$0.2359$0.2244
+5.11%
10 MBLK$0.4718$0.4488
+5.11%
50 MBLK$2.36$2.24
+5.11%
100 MBLK$4.72$4.49
+5.11%
500 MBLK$23.59$22.44
+5.11%
1000 MBLK$47.18$44.88
+5.11%

MBLK to JMD FAQ

How much is 1 Magical Blocks in JMD?
Right now, the price of 1 Magical Blocks (MBLK) in Jamaican Dollar (JMD) is $0.04718.
How much MBLK can I buy for 1 JMD?
Based on the current exchange rate, you can get 21.2 MBLK for 1 JMD.
How do I calculate or convert MBLK to JMD?
You can use our MBLK to JMD calculator at the top of this page to convert any amount of MBLK to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 105.99 MBLK, while 5 MBLK will cost around 0.2359JMD.
What is the highest price of MBLK/JMD in history?
The all-time high price of 1 MBLK in JMD is $75.98. It remains to be seen if the value of 1 MBLK/JMD will exceed the current all-time high.
What is the price trend of Magical Blocks in JMD?
Over the past 7 days, the exchange rate of Magical Blocks (MBLK) has gone up by 2.82%.   Over the last month, the exchange rate of Magical Blocks (MBLK) has gone up by 47.33% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MBLK to JMD?

There are many factors that affect the relationship between Magical Blocks 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 MBLK/JMD. When there is positive news in the market about the widespread adoption of MBLK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MBLK/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MBLK/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.
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 MBLK/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 Magical Blocks and adjust their investment strategies accordingly in the evolving market.

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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.