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MFET to JMD Converter and calculator

MFET/JMD: 1 MFET = 0.006849 JMD. The price of converting 1 MultiFunctional Environmental Token (MFET) to Jamaican Dollar (JMD) is 0.006849 JMD today.
MFET
MFET
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MFET to JMD real-time exchange rates, making it easy to convert MultiFunctional Environmental Token (MFET) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MFET is currently valued at 0.01 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MFET is currently valued at 0.01 JMD, which means buying 5 MFET would cost 0.03 JMD. Similarly, $1 JMD can be converted to 146 MFET, and $50 JMD can be converted to 730 MFET, excluding any platform or gas fees.

Convert MFET to JMD

Convert JMD to MFET

MultiFunctional Environmental Token
Jamaican Dollar
10000 MFET
68.49  JMD
In the table above, you'll find a comprehensive MFET to JMD converter that shows the value of MultiFunctional Environmental Token in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MFET to JMD, all the way up to 10000 MFET, providing a clear view of their respective values.
Jamaican Dollar
MultiFunctional Environmental Token
1000 JMD
145,999.09 MFET
2000 JMD
291,998.18 MFET
5000 JMD
729,995.45 MFET
10000 JMD
1,459,990.9 MFET
50000 JMD
7,299,954.49 MFET
100000 JMD
14,599,908.99 MFET
In the table above, you'll find a comprehensive JMD to MFET converter that shows the value of Jamaican Dollar in MultiFunctional Environmental Token across commonly used conversion amounts. The list covers conversions from 1 JMD to MFET, all the way up to 100000 JMD, providing a clear view of their respective values.

MFET to JMD chart

MFET/JMD: 1 MFET = 0.006849 JMD; 2025/05/02 21:10:41
In the past 1D, MultiFunctional Environmental Token has changed -25.80% to JMD. Based on the trend and price charts, MultiFunctional Environmental Token(MFET) has changed -25.80% to JMD while Jamaican Dollar(JMD) has changed % to MFET in the last 24 hours.
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MFET to JMD conversion data: Volatility and price changes of MultiFunctional Environmental Token in JMD

The highest MultiFunctional Environmental Token price in JMD over the past 7 days was 0.01230 JMD while the lowest MultiFunctional Environmental Token price in JMD over the past 7 days was 0.005147 JMD. The relative change between the highs and lows in MultiFunctional Environmental Token price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MFET 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
0.007863 JMD
0.01230 JMD
0.01230 JMD
0.02589 JMD
Low
0.005834 JMD
0.005147 JMD
0.005147 JMD
0.005147 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-25.80%
-4.70%
-38.25%
-64.34%

MultiFunctional Environmental Token information

MFET to JMD market statistics

MFET/JMD:
$0.006849
MFET 24h volume:
--
MFET market cap:
--
MFET circulating supply:
0 MFET

Current MFET to JMD exchange rate

MultiFunctional Environmental Token to Jamaican Dollar is falling this week.
MultiFunctional Environmental Token's current market price is $0.006849 per MFET, with a total market cap of $0 JMD based on a circulating supply of -- MFET. The trading volume of MultiFunctional Environmental Token has changed by 0.00% ($0 JMD) in the last 24 hours. Last trading day, MFET's trading volume was $0.

More info about MultiFunctional Environmental Token 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 MultiFunctional Environmental Token currency pair is the MFET to JMD, with for MultiFunctional Environmental Token's currency code being MFET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert MFET to JMD

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Bitget P2P trading does not currently support direct buying of MFET with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MFET with USDT via Bitget spot market.
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MFET to JMD Conversion tables

The exchange rate of MultiFunctional Environmental Token is decreasing.
The exchange rate of 1 MFET to Jamaican Dollar has changed by -4.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -25.80%, reaching a high of 0.007863 JMD and a low of 0.005834 JMD . One month ago, the value of 1 MFET was $0.01046 JMD , which represents a -38.25% change from its current value. Over the last year, MultiFunctional Environmental Token has changed by
-$
0.2220JMD
, resulting in a change of -97.44% in its value.
24 hours ago1 month ago1 year ago
Amount21:10 today24 hours ago24h change
0.5 MFET$0.003425$0.004439
-25.80%
1 MFET$0.006849$0.008878
-25.80%
5 MFET$0.03425$0.04439
-25.80%
10 MFET$0.06849$0.08878
-25.80%
50 MFET$0.3425$0.4439
-25.80%
100 MFET$0.6849$0.8878
-25.80%
500 MFET$3.42$4.44
-25.80%
1000 MFET$6.85$8.88
-25.80%

MFET to JMD FAQ

How much is 1 MultiFunctional Environmental Token in JMD?
Right now, the price of 1 MultiFunctional Environmental Token (MFET) in Jamaican Dollar (JMD) is $0.006849.
How much MFET can I buy for 1 JMD?
Based on the current exchange rate, you can get 146 MFET for 1 JMD.
How do I calculate or convert MFET to JMD?
You can use our MFET to JMD calculator at the top of this page to convert any amount of MFET to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 730 MFET, while 5 MFET will cost around 0.03425JMD.
What is the highest price of MFET/JMD in history?
The all-time high price of 1 MFET in JMD is $13.63. It remains to be seen if the value of 1 MFET/JMD will exceed the current all-time high.
What is the price trend of MultiFunctional Environmental Token in JMD?
Over the past 7 days, the exchange rate of MultiFunctional Environmental Token (MFET) has gone down by 4.70%.   Over the last month, the exchange rate of MultiFunctional Environmental Token (MFET) has gone down by 38.25% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MFET to JMD?

There are many factors that affect the relationship between MultiFunctional Environmental Token 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 MFET/JMD. When there is positive news in the market about the widespread adoption of MFET or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MFET/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MFET/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 MFET/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 MultiFunctional Environmental Token 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.