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MYB to JMD Converter and calculator

MYB/JMD: 1 MYB = 0.03396 JMD. The price of converting 1 MyBit (MYB) to Jamaican Dollar (JMD) is 0.03396 JMD today.
MYB
MYB
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MYB to JMD real-time exchange rates, making it easy to convert MyBit (MYB) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MYB is currently valued at 0.03 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MYB is currently valued at 0.03 JMD, which means buying 5 MYB would cost 0.17 JMD. Similarly, $1 JMD can be converted to 29.45 MYB, and $50 JMD can be converted to 147.24 MYB, excluding any platform or gas fees.

Convert MYB to JMD

Convert JMD to MYB

MyBit
Jamaican Dollar
10000 MYB
339.57  JMD
In the table above, you'll find a comprehensive MYB to JMD converter that shows the value of MyBit in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MYB to JMD, all the way up to 10000 MYB, providing a clear view of their respective values.
Jamaican Dollar
MyBit
5000 JMD
147,242.96 MYB
10000 JMD
294,485.92 MYB
50000 JMD
1,472,429.59 MYB
100000 JMD
2,944,859.18 MYB
In the table above, you'll find a comprehensive JMD to MYB converter that shows the value of Jamaican Dollar in MyBit across commonly used conversion amounts. The list covers conversions from 1 JMD to MYB, all the way up to 100000 JMD, providing a clear view of their respective values.

MYB to JMD chart

MYB/JMD: 1 MYB = 0.03396 JMD; 2025/04/29 13:54:11
In the past 1D, MyBit has changed -0.14% to JMD. Based on the trend and price charts, MyBit(MYB) has changed -0.14% to JMD while Jamaican Dollar(JMD) has changed % to MYB in the last 24 hours.
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MYB to JMD conversion data: Volatility and price changes of MyBit in JMD

The highest MyBit price in JMD over the past 7 days was 0.03421 JMD while the lowest MyBit price in JMD over the past 7 days was 0.03191 JMD. The relative change between the highs and lows in MyBit price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MYB 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
0.03415 JMD
0.03421 JMD
0.03421 JMD
0.09883 JMD
Low
0.03360 JMD
0.03191 JMD
0.02727 JMD
0.01800 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-0.14%
+6.70%
+11.44%
-36.90%

MyBit information

MYB to JMD market statistics

MYB/JMD:
$0.03396
MYB 24h volume:
$33,103.23
MYB market cap:
--
MYB circulating supply:
0 MYB

Current MYB to JMD exchange rate

MyBit to Jamaican Dollar is rising this week.
MyBit's current market price is $0.03396 per MYB, with a total market cap of $0 JMD based on a circulating supply of -- MYB. The trading volume of MyBit has changed by +0.31% ($101.18 JMD) in the last 24 hours. Last trading day, MYB's trading volume was $33,002.05.

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

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How to convert MYB to JMD

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MYB to JMD Conversion tables

The exchange rate of MyBit is increasing.
The exchange rate of 1 MYB to Jamaican Dollar has changed by +6.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.14%, reaching a high of 0.03415 JMD and a low of 0.03360 JMD . One month ago, the value of 1 MYB was $0.03047 JMD , which represents a +11.44% change from its current value. Over the last year, MyBit has changed by
-$
0.3427JMD
, resulting in a change of -90.98% in its value.
24 hours ago1 month ago1 year ago
Amount13:54 today24 hours ago24h change
0.5 MYB$0.01698$0.01700
-0.14%
1 MYB$0.03396$0.03401
-0.14%
5 MYB$0.1698$0.1700
-0.14%
10 MYB$0.3396$0.3401
-0.14%
50 MYB$1.7$1.7
-0.14%
100 MYB$3.4$3.4
-0.14%
500 MYB$16.98$17
-0.14%
1000 MYB$33.96$34.01
-0.14%

MYB to JMD FAQ

How much is 1 MyBit in JMD?
Right now, the price of 1 MyBit (MYB) in Jamaican Dollar (JMD) is $0.03396.
How much MYB can I buy for 1 JMD?
Based on the current exchange rate, you can get 29.45 MYB for 1 JMD.
How do I calculate or convert MYB to JMD?
You can use our MYB to JMD calculator at the top of this page to convert any amount of MYB to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 147.24 MYB, while 5 MYB will cost around 0.1698JMD.
What is the highest price of MYB/JMD in history?
The all-time high price of 1 MYB in JMD is $2,818.77. It remains to be seen if the value of 1 MYB/JMD will exceed the current all-time high.
What is the price trend of MyBit in JMD?
Over the past 7 days, the exchange rate of MyBit (MYB) has gone up by 6.70%.   Over the last month, the exchange rate of MyBit (MYB) has gone up by 11.44% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MYB to JMD?

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