MCF
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 MCFinance(MCF) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 MCF at a value of 1 MCF for 0.56 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 MCFinance currency pair is the MCF to JMD, with for MCFinance's currency code being MCF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
MCF to JMD conversion rate trend
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In the past 1D, MCFinance has changed -35.65% to JMD. Based on the trend and price charts, MCFinance(MCF) has changed -35.65% to JMD while Jamaican Dollar(JMD) has changed % to MCF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.5742 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 08:33:36(UTC+0)
How to buy MCFinance
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MCFinance (MCF)
Use a variety of payment options to buy MCFinance on Bitget. We'll show you how.
Buy MCF (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MCF with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MCF with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell MCF (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of MCF to JMD. However, you can first exchange MCF for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of MCFinance to Jamaican Dollar?
MCFinance to Jamaican Dollar is rising this week.MCFinance's current market price is $ 0.5621 per MCF, with a total market cap of $ 0 JMD based on a circulating supply of -- MCF. The trading volume of MCFinance has changed by -27.89% ($ -75,553.72 JMD) in the last 24 hours. Last trading day, MCF's trading volume was $ 270,919.38.
Market cap
$0
24h volume
$1.23K
Circulating supply
0 MCF
Conversion tables
The exchange rate of MCFinance is increasing.1 MCF is currently valued at $ 0.5621 JMD , which means buying 5 MCF will cost $ 2.81 JMD . Similarly, $1 JMD can be traded for 1.78 MCF, and $50 JMD can be converted to 88.95 MCF, excluding any platform or gas fees.
The exchange rate of 1 MCF to Jamaican Dollar has changed by +70.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -35.65%, reaching a high of 0.8780 JMD and a low of 0.5621 JMD . One month ago, the value of 1 MCF was $ 0.1515 JMD , which represents a +266.17% change from its current value. Over the last year, MCFinance has changed by , resulting in a change of +160.99% in its value.
+$
0.3485JMDMCF to JMD
Amount
13:06 today
0.5 MCF
$0.2811
1 MCF
$0.5621
5 MCF
$2.81
10 MCF
$5.62
50 MCF
$28.11
100 MCF
$56.21
500 MCF
$281.06
1000 MCF
$562.11
JMD to MCF
Amount13:06 today
0.5JMD0.8895 MCF
1JMD1.78 MCF
5JMD8.9 MCF
10JMD17.79 MCF
50JMD88.95 MCF
100JMD177.9 MCF
500JMD889.5 MCF
1000JMD1,779 MCF
Today vs. 24 hours ago
| Amount | 13:06 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MCF | $0.001763 | $0.002744 | -35.65% |
| 1 MCF | $0.003526 | $0.005489 | -35.65% |
| 5 MCF | $0.01763 | $0.02744 | -35.65% |
| 10 MCF | $0.03526 | $0.05489 | -35.65% |
| 50 MCF | $0.1763 | $0.2744 | -35.65% |
| 100 MCF | $0.3526 | $0.5489 | -35.65% |
| 500 MCF | $1.76 | $2.74 | -35.65% |
| 1000 MCF | $3.53 | $5.49 | -35.65% |
Today vs. 1 month ago
| Amount | 13:06 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MCF | $0.001763 | $0.0004751 | +266.17% |
| 1 MCF | $0.003526 | $0.0009502 | +266.17% |
| 5 MCF | $0.01763 | $0.004751 | +266.17% |
| 10 MCF | $0.03526 | $0.009502 | +266.17% |
| 50 MCF | $0.1763 | $0.04751 | +266.17% |
| 100 MCF | $0.3526 | $0.09502 | +266.17% |
| 500 MCF | $1.76 | $0.4751 | +266.17% |
| 1000 MCF | $3.53 | $0.9502 | +266.17% |
Today vs. 1 year ago
| Amount | 13:06 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MCF | $0.001763 | $0.0006701 | +160.99% |
| 1 MCF | $0.003526 | $0.001340 | +160.99% |
| 5 MCF | $0.01763 | $0.006701 | +160.99% |
| 10 MCF | $0.03526 | $0.01340 | +160.99% |
| 50 MCF | $0.1763 | $0.06701 | +160.99% |
| 100 MCF | $0.3526 | $0.1340 | +160.99% |
| 500 MCF | $1.76 | $0.6701 | +160.99% |
| 1000 MCF | $3.53 | $1.34 | +160.99% |
MCFinance price prediction
What will the price of MCF be in 2025?
Based on MCF's historical price performance prediction model, the price of MCF is projected to reach $0.003158 in 2025.
What will the price of MCF be in 2030?
In 2030, the MCF price is expected to change by +6.00%. By the end of 2030, the MCF price is projected to reach $0.007997, with a cumulative ROI of +282.88%.
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Popular MCFinance conversions
Check out these popular currency conversions of MCFinance to several fiat currencies.
MCFinance to USD
1 MCF to $ 0.003526 USD
MCFinance to GBP
1 MCF to £ 0.002814 GBP
MCFinance to EUR
1 MCF to € 0.003384 EUR
MCFinance to KRW
1 MCF to ₩ 4.95 KRW
MCFinance to CAD
1 MCF to $ 0.004947 CAD
MCFinance to AUD
1 MCF to $ 0.005422 AUD
MCFinance to JPY
1 MCF to ¥ 0.5457 JPY
MCFinance to BRL
1 MCF to R$ 0.02045 BRL
MCFinance to CNY
1 MCF to ¥ 0.02557 CNY
MCFinance to TWD
1 MCF to NT$ 0.1149 TWD
Popular cryptocurrencies to JMD
Explore other cryptocurrencies based on your interest in MCFinance.
Bitcoin to JMD
1 BTC to $ 15,451,133.02 JMD
MAD to JMD
1 MAD to $ 0.004850 JMD
XRP to JMD
1 XRP to $ 212.86 JMD
Stellar to JMD
1 XLM to $ 83.57 JMD
Kusama to JMD
1 KSM to $ 6,291.42 JMD
Dogecoin to JMD
1 DOGE to $ 65.24 JMD
Hedera to JMD
1 HBAR to $ 22.78 JMD
Cardano to JMD
1 ADA to $ 155.61 JMD
Polkadot to JMD
1 DOT to $ 1,322.74 JMD
Solana to JMD
1 SOL to $ 39,075.42 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 MCFinance 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 MCFinance 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 MCFinance 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.
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.
