


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.
NXQ to MKD conversion rate trend
NXQ to MKD market statistics
More info about NexQloud on Bitget
Current NXQ to MKD exchange rate
NexQloud to Jamaican Dollar is rising this week.NXQ to MKD Conversion tables
The exchange rate of NexQloud is decreasing.NXQ to MKD
MKD to NXQ
NXQ to MKD Today vs. 24 hours ago
Amount | 02:11 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 NXQ | ден3,249.24 | ден3,344.51 | -2.85% |
1 NXQ | ден6,498.49 | ден6,689.02 | -2.85% |
5 NXQ | ден32,492.44 | ден33,445.1 | -2.85% |
10 NXQ | ден64,984.87 | ден66,890.21 | -2.85% |
50 NXQ | ден324,924.36 | ден334,451.04 | -2.85% |
100 NXQ | ден649,848.73 | ден668,902.07 | -2.85% |
500 NXQ | ден3,249,243.63 | ден3,344,510.36 | -2.85% |
1000 NXQ | ден6,498,487.25 | ден6,689,020.73 | -2.85% |
NXQ to MKD Today vs. 1 month ago
Amount | 02:11 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 NXQ | ден3,249.24 | ден3,457.99 | -6.03% |
1 NXQ | ден6,498.49 | ден6,915.98 | -6.03% |
5 NXQ | ден32,492.44 | ден34,579.92 | -6.03% |
10 NXQ | ден64,984.87 | ден69,159.84 | -6.03% |
50 NXQ | ден324,924.36 | ден345,799.2 | -6.03% |
100 NXQ | ден649,848.73 | ден691,598.39 | -6.03% |
500 NXQ | ден3,249,243.63 | ден3,457,991.97 | -6.03% |
1000 NXQ | ден6,498,487.25 | ден6,915,983.95 | -6.03% |
NXQ to MKD Today vs. 1 year ago
Amount | 02:11 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 NXQ | ден3,249.24 | ден134.06 | +2291.12% |
1 NXQ | ден6,498.49 | ден268.11 | +2291.12% |
5 NXQ | ден32,492.44 | ден1,340.56 | +2291.12% |
10 NXQ | ден64,984.87 | ден2,681.12 | +2291.12% |
50 NXQ | ден324,924.36 | ден13,405.62 | +2291.12% |
100 NXQ | ден649,848.73 | ден26,811.25 | +2291.12% |
500 NXQ | ден3,249,243.63 | ден134,056.25 | +2291.12% |
1000 NXQ | ден6,498,487.25 | ден268,112.49 | +2291.12% |
How to convert NXQ to MKD



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