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Magallaneer to Jamaican Dollar (MAGAL to JMD)

MAGAL to JMD Converter and calculator

MAGAL/JMD: 1 MAGAL = 0.01346 JMD. The price of converting 1 Magallaneer (MAGAL) to Jamaican Dollar (JMD) is 0.01346 JMD today.
MAGAL
MAGAL
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAGAL to JMD real-time exchange rates, making it easy to convert Magallaneer (MAGAL) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MAGAL is currently valued at 0.01346 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAGAL is currently valued at 0.01346 JMD, which means buying 5 MAGAL would cost 0.06728 JMD. Similarly, $1 JMD can be converted to 74.31 MAGAL, and $50 JMD can be converted to 371.56 MAGAL, excluding any platform or gas fees.

Convert MAGAL to JMD

Convert JMD to MAGAL

Magallaneer
Jamaican Dollar
1 MAGAL
0.01346  JMD
Exchange 1 MAGAL for 0.01346 JMD
2 MAGAL
0.02691  JMD
Exchange 2 MAGAL for 0.02691 JMD
5 MAGAL
0.06728  JMD
Exchange 5 MAGAL for 0.06728 JMD
10 MAGAL
0.1346  JMD
Exchange 10 MAGAL for 0.1346 JMD
20 MAGAL
0.2691  JMD
Exchange 20 MAGAL for 0.2691 JMD
50 MAGAL
0.6728  JMD
Exchange 50 MAGAL for 0.6728 JMD
100 MAGAL
1.35  JMD
Exchange 100 MAGAL for 1.35 JMD
200 MAGAL
2.69  JMD
Exchange 200 MAGAL for 2.69 JMD
500 MAGAL
6.73  JMD
Exchange 500 MAGAL for 6.73 JMD
1000 MAGAL
13.46  JMD
Exchange 1000 MAGAL for 13.46 JMD
5000 MAGAL
67.28  JMD
Exchange 5000 MAGAL for 67.28 JMD
10000 MAGAL
134.57  JMD
Exchange 10000 MAGAL for 134.57 JMD
In the table above, you'll find a comprehensive MAGAL to JMD converter that shows the value of Magallaneer in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MAGAL to JMD, all the way up to 10000 MAGAL, providing a clear view of their respective values.
Jamaican Dollar
Magallaneer
1 JMD
74.31 MAGAL
Exchange 1 JMD for 74.31 MAGAL
10 JMD
743.13 MAGAL
Exchange 10 JMD for 743.13 MAGAL
50 JMD
3,715.64 MAGAL
Exchange 50 JMD for 3,715.64 MAGAL
100 JMD
7,431.28 MAGAL
Exchange 100 JMD for 7,431.28 MAGAL
200 JMD
14,862.55 MAGAL
Exchange 200 JMD for 14,862.55 MAGAL
500 JMD
37,156.38 MAGAL
Exchange 500 JMD for 37,156.38 MAGAL
1000 JMD
74,312.77 MAGAL
Exchange 1000 JMD for 74,312.77 MAGAL
2000 JMD
148,625.54 MAGAL
Exchange 2000 JMD for 148,625.54 MAGAL
5000 JMD
371,563.85 MAGAL
Exchange 5000 JMD for 371,563.85 MAGAL
10000 JMD
743,127.69 MAGAL
Exchange 10000 JMD for 743,127.69 MAGAL
50000 JMD
3,715,638.46 MAGAL
Exchange 50000 JMD for 3,715,638.46 MAGAL
100000 JMD
7,431,276.91 MAGAL
Exchange 100000 JMD for 7,431,276.91 MAGAL
In the table above, you'll find a comprehensive JMD to MAGAL converter that shows the value of Jamaican Dollar in Magallaneer across commonly used conversion amounts. The list covers conversions from 1 JMD to MAGAL, all the way up to 100000 JMD, providing a clear view of their respective values.

MAGAL to JMD chart

MAGAL/JMD: 1 MAGAL = 0.01346 JMD; 2026/01/06 12:15:34
In the past 1D, Magallaneer has changed +2.78% to JMD. Based on the trend and price charts, Magallaneer(MAGAL) has changed +2.78% to JMD while Jamaican Dollar(JMD) has changed % to MAGAL in the last 24 hours.
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MAGAL to JMD conversion data: Volatility and price changes of Magallaneer in JMD

The highest Magallaneer price in JMD over the past 7 days was 0.01346 JMD while the lowest Magallaneer price in JMD over the past 7 days was 0.01157 JMD. The relative change between the highs and lows in Magallaneer price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MAGAL to JMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.01346 JMD
0.01346 JMD
0.01346 JMD
0.07867 JMD
Low
0.01309 JMD
0.01157 JMD
0.009389 JMD
0.007685 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+2.78%
+13.96%
+20.42%
-81.90%

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Buy MAGAL (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of MAGAL with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MAGAL with USDT via Bitget spot market.
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Magallaneer information

MAGAL to JMD market statistics

MAGAL/JMD:
$0.01346
MAGAL 24h volume:
--
MAGAL market cap:
--
MAGAL circulating supply:
0 MAGAL

Current MAGAL to JMD exchange rate

Magallaneer to Jamaican Dollar is rising this week.
Magallaneer's current market price is $0.01346 per MAGAL, with a total market cap of $0 JMD based on a circulating supply of -- MAGAL. The trading volume of Magallaneer has changed by 0.00% ($0 JMD) in the last 24 hours. Last trading day, MAGAL's trading volume was $0.

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

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How to convert MAGAL to JMD

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MAGAL to JMD Conversion tables

The exchange rate of Magallaneer is increasing.
The exchange rate of 1 MAGAL to Jamaican Dollar has changed by +13.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.78%, reaching a high of 0.01346 JMD and a low of 0.01309 JMD . One month ago, the value of 1 MAGAL was $0.01118 JMD , which represents a +20.42% change from its current value. Over the last year, Magallaneer has changed by
+$
0.01346JMD
, resulting in a change of -82.56% in its value.
24 hours ago1 month ago1 year ago
Amount 12:15 today 24 hours ago 24h change
0.5 MAGAL
$0.006728$0.006546
+2.78%
1 MAGAL
$0.01346$0.01309
+2.78%
5 MAGAL
$0.06728$0.06546
+2.78%
10 MAGAL
$0.1346$0.1309
+2.78%
50 MAGAL
$0.6728$0.6546
+2.78%
100 MAGAL
$1.35$1.31
+2.78%
500 MAGAL
$6.73$6.55
+2.78%
1000 MAGAL
$13.46$13.09
+2.78%

MAGAL to JMD FAQ

How much is 1 Magallaneer in JMD?
Right now, the price of 1 Magallaneer (MAGAL) in Jamaican Dollar (JMD) is $0.01346.
How much MAGAL can I buy for 1 JMD?
Based on the current exchange rate, you can get 74.31 MAGAL for 1 JMD.
How do I calculate or convert MAGAL to JMD?
You can use our MAGAL to JMD calculator at the top of this page to convert any amount of MAGAL to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 371.56 MAGAL, while 5 MAGAL will cost around 0.06728JMD.
What is the highest price of MAGAL/JMD in history?
The all-time high price of 1 MAGAL in JMD is $0.1828. It remains to be seen if the value of 1 MAGAL/JMD will exceed the current all-time high.
What is the price trend of Magallaneer in JMD?
Over the past 7 days, the exchange rate of Magallaneer (MAGAL) has gone up by 13.96%.   Over the last month, the exchange rate of Magallaneer (MAGAL) has gone up by 20.42% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MAGAL to JMD?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Magallaneer currency pairs: MAGAL to US Dollar (USD), MAGAL to Euro (EUR), MAGAL to Pound Sterling (GBP), MAGAL to Canadian Dollar (CAD), MAGAL to Indian Rupee (INR), MAGAL to Pakistani Rupee (PKR), MAGAL to Brazilian Real (BRL), MAGAL to…
The price of Magallaneer in the US is $0.C$0.00011658463 USD. Additionally, Magallaneer’s price is €0.{4}7225 EUR in the eurozone, £0.{4}6253 GBP in the UK, {4} CAD in Canada, ₹0.007629 INR in India, ₨0.02362 PKR in Pakistan, R$0.0004581 BRL in Brazil, and more.
The most popular Magallaneer currency pair is the MAGAL to Jamaican Dollar(JMD). The price of 1 Magallaneer (MAGAL) in Jamaican Dollar (JMD) is $0.01346.

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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.
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