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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.14%
New listings on Bitget: Pi Network
BTC/USDT$83922.00 (-0.23%)Fear and Greed Index29(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow +$76.4M (1D); -$630M (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 dominance63.14%
New listings on Bitget: Pi Network
BTC/USDT$83922.00 (-0.23%)Fear and Greed Index29(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow +$76.4M (1D); -$630M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
GALA
MKD
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 Gala(GALA) to Jamaican Dollar(MKD). This is the real-time data. The current conversion shows 1 GALA at a value of 1 GALA for 0.75 MKD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
MKD 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 Gala currency pair is the GALA to MKD, with for Gala's currency code being GALA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
GALA to MKD conversion rate trend
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In the past 1D, Gala has changed -2.16% to MKD. Based on the trend and price charts, Gala(GALA) has changed -2.16% to MKD while Jamaican Dollar(MKD) has changed % to GALA in the last 24 hours.
GALA to MKD market statistics
GALA/MKD:
ден 0.7505
GALA 24h volume:
ден 3,065,149,777.75
GALA market cap:
ден 33,026,188,461.39
GALA circulating supply:
44.01B GALA
More info about Gala on Bitget
Current GALA to MKD exchange rate
Gala to Jamaican Dollar is falling this week.Gala's current market price is ден 0.7505 per GALA, with a total market cap of ден 33,026,188,461.39 MKD based on a circulating supply of 44,007,950,000 GALA. The trading volume of Gala has changed by +3.25% (ден 96,355,196.92 MKD) in the last 24 hours. Last trading day, GALA's trading volume was ден 2,968,794,580.84.
GALA to MKD Conversion tables
The exchange rate of Gala is decreasing.1 GALA is currently valued at ден 0.7505 MKD , which means buying 5 GALA will cost ден 3.75 MKD . Similarly, ден1 MKD can be traded for 1.33 GALA, and ден50 MKD can be converted to 66.63 GALA, excluding any platform or gas fees.
The exchange rate of 1 GALA to Jamaican Dollar has changed by -2.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.16%, reaching a high of 0.7741 MKD and a low of 0.7377 MKD . One month ago, the value of 1 GALA was ден 0.9352 MKD , which represents a -19.72% change from its current value. Over the last year, Gala has changed by , resulting in a change of -65.95% in its value.
-ден
1.46MKDGALA to MKD
Amount
19:32 today
0.5 GALA
ден0.3752
1 GALA
ден0.7505
5 GALA
ден3.75
10 GALA
ден7.5
50 GALA
ден37.52
100 GALA
ден75.05
500 GALA
ден375.23
1000 GALA
ден750.46
MKD to GALA
Amount19:32 today
0.5MKD0.6663 GALA
1MKD1.33 GALA
5MKD6.66 GALA
10MKD13.33 GALA
50MKD66.63 GALA
100MKD133.25 GALA
500MKD666.26 GALA
1000MKD1,332.52 GALA
GALA to MKD Today vs. 24 hours ago
| Amount | 19:32 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GALA | ден0.3752 | ден0.3835 | -2.16% |
| 1 GALA | ден0.7505 | ден0.7671 | -2.16% |
| 5 GALA | ден3.75 | ден3.84 | -2.16% |
| 10 GALA | ден7.5 | ден7.67 | -2.16% |
| 50 GALA | ден37.52 | ден38.35 | -2.16% |
| 100 GALA | ден75.05 | ден76.71 | -2.16% |
| 500 GALA | ден375.23 | ден383.53 | -2.16% |
| 1000 GALA | ден750.46 | ден767.06 | -2.16% |
GALA to MKD Today vs. 1 month ago
| Amount | 19:32 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GALA | ден0.3752 | ден0.4676 | -19.72% |
| 1 GALA | ден0.7505 | ден0.9352 | -19.72% |
| 5 GALA | ден3.75 | ден4.68 | -19.72% |
| 10 GALA | ден7.5 | ден9.35 | -19.72% |
| 50 GALA | ден37.52 | ден46.76 | -19.72% |
| 100 GALA | ден75.05 | ден93.52 | -19.72% |
| 500 GALA | ден375.23 | ден467.61 | -19.72% |
| 1000 GALA | ден750.46 | ден935.21 | -19.72% |
GALA to MKD Today vs. 1 year ago
| Amount | 19:32 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GALA | ден0.3752 | ден1.1 | -65.95% |
| 1 GALA | ден0.7505 | ден2.21 | -65.95% |
| 5 GALA | ден3.75 | ден11.04 | -65.95% |
| 10 GALA | ден7.5 | ден22.08 | -65.95% |
| 50 GALA | ден37.52 | ден110.39 | -65.95% |
| 100 GALA | ден75.05 | ден220.78 | -65.95% |
| 500 GALA | ден375.23 | ден1,103.91 | -65.95% |
| 1000 GALA | ден750.46 | ден2,207.82 | -65.95% |
How to convert GALA to MKD
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Convert GALA to MKD
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Learn moreBuy GALA (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of GALA with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy GALA with USDT via Bitget spot market.
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Sell GALA (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of GALA to MKD. However, you can first exchange GALA 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 GALA to MKD?
There are many factors that affect the relationship between Gala and Macedonian Denar, 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 GALA/MKD. When there is positive news in the market about the widespread adoption of GALA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GALA/MKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GALA/MKD.
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 GALA/MKD. 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 Gala and adjust their investment strategies accordingly in the evolving market.
Gala price prediction
What will the price of GALA be in 2026?
Based on GALA's historical price performance prediction model, the price of GALA is projected to reach $0.01749 in 2026.
What will the price of GALA be in 2031?
In 2031, the GALA price is expected to change by +8.00%. By the end of 2031, the GALA price is projected to reach $0.02927, with a cumulative ROI of +109.50%.
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Popular Gala Converter
Check out these popular currency conversions of Gala to several fiat currencies.
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1 GALA to NT$ 0.4499 TWD
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1 GALA to ¥ 0.1014 CNY
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1 GALA to $ 2.2 JMD
GALA to USD
1 GALA to $ 0.01387 USD
GALA to EUR
1 GALA to € 0.01220 EUR
GALA to CAD
1 GALA to $ 0.01924 CAD
GALA to KRW
1 GALA to ₩ 19.64 KRW
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1 GALA to ¥ 1.98 JPY
GALA to GBP
1 GALA to £ 0.01049 GBP
GALA to BRL
1 GALA to R$ 0.08131 BRL
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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 Gala and MKD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Gala and MKD. 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 Gala in MKD, 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.
