1000SATS
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 SATS(1000SATS) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 1000SATS at a value of 1 1000SATS for 0.05 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 SATS currency pair is the 1000SATS to JMD, with for SATS's currency code being 1000SATS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
1000SATS to JMD conversion rate trend
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In the past 1D, SATS has changed -5.73% to JMD. Based on the trend and price charts, SATS(1000SATS) has changed -5.73% to JMD while Jamaican Dollar(JMD) has changed % to 1000SATS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.04794 | 0.0001% / 0.0004%  VIP | |
Binance | $0.04805 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/03 00:00:12(UTC+0)
How to buy SATS
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy SATS (1000SATS)
Use a variety of payment options to buy SATS on Bitget. We'll show you how.
What factors influence the conversion rate of SATS to Jamaican Dollar?
SATS to Jamaican Dollar is rising this week.SATS's current market price is $ 0.04794 per 1000SATS, with a total market cap of $ 100,674,747,076.85 JMD based on a circulating supply of 2,100,000,000,000 1000SATS. The trading volume of SATS has changed by +16.67% ($ 628,717,824.71 JMD) in the last 24 hours. Last trading day, 1000SATS's trading volume was $ 3,770,693,091.64.
Market cap
$647.37M
24h volume
$28.29M
Circulating supply
2.10T 1000SATS
Conversion tables
The exchange rate of SATS is increasing.1 1000SATS is currently valued at $ 0.04794 JMD , which means buying 5 1000SATS will cost $ 0.2397 JMD . Similarly, $1 JMD can be traded for 20.86 1000SATS, and $50 JMD can be converted to 1,042.96 1000SATS, excluding any platform or gas fees.
The exchange rate of 1 1000SATS to Jamaican Dollar has changed by +4.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.73%, reaching a high of 0.05258 JMD and a low of 0.04711 JMD . One month ago, the value of 1 1000SATS was $ 0.04404 JMD , which represents a +8.89% change from its current value. Over the last year, SATS has changed by , resulting in a change of --% in its value.
+$
0.04780JMD1000SATS to JMD
Amount
00:07 am today
0.5 1000SATS
$0.02397
1 1000SATS
$0.04794
5 1000SATS
$0.2397
10 1000SATS
$0.4794
50 1000SATS
$2.4
100 1000SATS
$4.79
500 1000SATS
$23.97
1000 1000SATS
$47.94
JMD to 1000SATS
Amount00:07 am today
0.5JMD10.43 1000SATS
1JMD20.86 1000SATS
5JMD104.3 1000SATS
10JMD208.59 1000SATS
50JMD1,042.96 1000SATS
100JMD2,085.93 1000SATS
500JMD10,429.63 1000SATS
1000JMD20,859.25 1000SATS
Today vs. 24 hours ago
| Amount | 00:07 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 1000SATS | $0.0001541 | $0.0001635 | -5.73% |
| 1 1000SATS | $0.0003083 | $0.0003270 | -5.73% |
| 5 1000SATS | $0.001541 | $0.001635 | -5.73% |
| 10 1000SATS | $0.003083 | $0.003270 | -5.73% |
| 50 1000SATS | $0.01541 | $0.01635 | -5.73% |
| 100 1000SATS | $0.03083 | $0.03270 | -5.73% |
| 500 1000SATS | $0.1541 | $0.1635 | -5.73% |
| 1000 1000SATS | $0.3083 | $0.3270 | -5.73% |
Today vs. 1 month ago
| Amount | 00:07 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 1000SATS | $0.0001541 | $0.0001416 | +8.89% |
| 1 1000SATS | $0.0003083 | $0.0002832 | +8.89% |
| 5 1000SATS | $0.001541 | $0.001416 | +8.89% |
| 10 1000SATS | $0.003083 | $0.002832 | +8.89% |
| 50 1000SATS | $0.01541 | $0.01416 | +8.89% |
| 100 1000SATS | $0.03083 | $0.02832 | +8.89% |
| 500 1000SATS | $0.1541 | $0.1416 | +8.89% |
| 1000 1000SATS | $0.3083 | $0.2832 | +8.89% |
Today vs. 1 year ago
| Amount | 00:07 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 1000SATS | $0.0001541 | $0.{6}4595 | -- |
| 1 1000SATS | $0.0003083 | $0.{6}9190 | -- |
| 5 1000SATS | $0.001541 | $0.{5}4595 | -- |
| 10 1000SATS | $0.003083 | $0.{5}9190 | -- |
| 50 1000SATS | $0.01541 | $0.{4}4595 | -- |
| 100 1000SATS | $0.03083 | $0.{4}9190 | -- |
| 500 1000SATS | $0.1541 | $0.0004595 | -- |
| 1000 1000SATS | $0.3083 | $0.0009190 | -- |
SATS price prediction
What will the price of 1000SATS be in 2025?
Based on 1000SATS's historical price performance prediction model, the price of 1000SATS is projected to reach $0.0006023 in 2025.
What will the price of 1000SATS be in 2030?
In 2030, the 1000SATS price is expected to rise by -9.00%. By the end of 2030, the 1000SATS price is projected to reach $0.0009912, with a cumulative ROI of +221.53%.
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Popular SATS conversions
Check out these popular currency conversions of SATS to several fiat currencies.
SATS to USD
1 1000SATS to $ 0.0003083 USD
SATS to GBP
1 1000SATS to £ 0.0002420 GBP
SATS to EUR
1 1000SATS to € 0.0002841 EUR
SATS to KRW
1 1000SATS to ₩ 0.4264 KRW
SATS to CAD
1 1000SATS to $ 0.0004202 CAD
SATS to AUD
1 1000SATS to $ 0.0004633 AUD
SATS to JPY
1 1000SATS to ¥ 0.04846 JPY
SATS to BRL
1 1000SATS to R$ 0.001617 BRL
SATS to CNY
1 1000SATS to ¥ 0.002238 CNY
SATS to TWD
1 1000SATS to NT$ 0.01001 TWD
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DOG•GO•TO•THE•MOON to JMD
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cat in a dogs world to JMD
1 MEW to $ 0.6854 JMD
Brett to JMD
1 BRETT to $ -- JMD
Pepe to JMD
1 PEPE to $ 0.002274 JMD
Ondo to JMD
1 ONDO to $ 214.56 JMD
JasmyCoin to JMD
1 JASMY to $ 5.62 JMD
Bitcoin to JMD
1 BTC to $ 10,534,151.56 JMD
Toncoin to JMD
1 TON to $ 1,060.82 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 SATS 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 SATS 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 SATS 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.
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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.
