ARES
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 Ares Protocol(ARES) to Jamaican Dollar(JMD). This is the real-time data. The current conversion shows 1 ARES at a value of 1 ARES for 0.08 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 Ares Protocol currency pair is the ARES to JMD, with for Ares Protocol's currency code being ARES. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
ARES to JMD conversion rate trend
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In the past 1D, Ares Protocol has changed +22.42% to JMD. Based on the trend and price charts, Ares Protocol(ARES) has changed +22.42% to JMD while Jamaican Dollar(JMD) has changed % to ARES in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.07850 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.08004 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/05 16:00:11(UTC+0)
How to buy Ares Protocol
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 Ares Protocol (ARES)
Use a variety of payment options to buy Ares Protocol on Bitget. We'll show you how.
Buy ARES (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading does not currently support direct buying of ARES with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy ARES 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 ARES (or USDT) for JMD (Jamaican Dollar) offers
Bitget P2P trading currently does not support direct selling of ARES to JMD. However, you can first exchange ARES 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 Ares Protocol to Jamaican Dollar?
Ares Protocol to Jamaican Dollar is rising this week.Ares Protocol's current market price is $ 0.08037 per ARES, with a total market cap of $ 18,578,926.31 JMD based on a circulating supply of 231,179,220 ARES. The trading volume of Ares Protocol has changed by +150.19% ($ 1,883,063.78 JMD) in the last 24 hours. Last trading day, ARES's trading volume was $ 1,253,776.87.
Market cap
$117.48K
24h volume
$19.84K
Circulating supply
231.18M ARES
Conversion tables
The exchange rate of Ares Protocol is increasing.1 ARES is currently valued at $ 0.08037 JMD , which means buying 5 ARES will cost $ 0.4018 JMD . Similarly, $1 JMD can be traded for 12.44 ARES, and $50 JMD can be converted to 622.15 ARES, excluding any platform or gas fees.
The exchange rate of 1 ARES to Jamaican Dollar has changed by +6.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by +22.42%, reaching a high of 0.1567 JMD and a low of 0.06352 JMD . One month ago, the value of 1 ARES was $ 0.07012 JMD , which represents a +14.62% change from its current value. Over the last year, Ares Protocol has changed by , resulting in a change of -19.90% in its value.
-$
0.01997JMDARES to JMD
Amount
16:32 today
0.5 ARES
$0.04018
1 ARES
$0.08037
5 ARES
$0.4018
10 ARES
$0.8037
50 ARES
$4.02
100 ARES
$8.04
500 ARES
$40.18
1000 ARES
$80.37
JMD to ARES
Amount16:32 today
0.5JMD6.22 ARES
1JMD12.44 ARES
5JMD62.22 ARES
10JMD124.43 ARES
50JMD622.15 ARES
100JMD1,244.31 ARES
500JMD6,221.54 ARES
1000JMD12,443.09 ARES
Today vs. 24 hours ago
| Amount | 16:32 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ARES | $0.0002541 | $0.0002075 | +22.42% |
| 1 ARES | $0.0005082 | $0.0004151 | +22.42% |
| 5 ARES | $0.002541 | $0.002075 | +22.42% |
| 10 ARES | $0.005082 | $0.004151 | +22.42% |
| 50 ARES | $0.02541 | $0.02075 | +22.42% |
| 100 ARES | $0.05082 | $0.04151 | +22.42% |
| 500 ARES | $0.2541 | $0.2075 | +22.42% |
| 1000 ARES | $0.5082 | $0.4151 | +22.42% |
Today vs. 1 month ago
| Amount | 16:32 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ARES | $0.0002541 | $0.0002217 | +14.62% |
| 1 ARES | $0.0005082 | $0.0004434 | +14.62% |
| 5 ARES | $0.002541 | $0.002217 | +14.62% |
| 10 ARES | $0.005082 | $0.004434 | +14.62% |
| 50 ARES | $0.02541 | $0.02217 | +14.62% |
| 100 ARES | $0.05082 | $0.04434 | +14.62% |
| 500 ARES | $0.2541 | $0.2217 | +14.62% |
| 1000 ARES | $0.5082 | $0.4434 | +14.62% |
Today vs. 1 year ago
| Amount | 16:32 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ARES | $0.0002541 | $0.0003172 | -19.90% |
| 1 ARES | $0.0005082 | $0.0006344 | -19.90% |
| 5 ARES | $0.002541 | $0.003172 | -19.90% |
| 10 ARES | $0.005082 | $0.006344 | -19.90% |
| 50 ARES | $0.02541 | $0.03172 | -19.90% |
| 100 ARES | $0.05082 | $0.06344 | -19.90% |
| 500 ARES | $0.2541 | $0.3172 | -19.90% |
| 1000 ARES | $0.5082 | $0.6344 | -19.90% |
Ares Protocol price prediction
What will the price of ARES be in 2025?
Based on ARES's historical price performance prediction model, the price of ARES is projected to reach $0.0006671 in 2025.
What will the price of ARES be in 2030?
In 2030, the ARES price is expected to change by +8.00%. By the end of 2030, the ARES price is projected to reach $0.0009267, with a cumulative ROI of +109.63%.
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Popular Ares Protocol conversions
Check out these popular currency conversions of Ares Protocol to several fiat currencies.
Ares Protocol to USD
1 ARES to $ 0.0005082 USD
Ares Protocol to GBP
1 ARES to £ 0.0003906 GBP
Ares Protocol to EUR
1 ARES to € 0.0004659 EUR
Ares Protocol to KRW
1 ARES to ₩ 0.7013 KRW
Ares Protocol to CAD
1 ARES to $ 0.0007038 CAD
Ares Protocol to AUD
1 ARES to $ 0.0007659 AUD
Ares Protocol to JPY
1 ARES to ¥ 0.07723 JPY
Ares Protocol to BRL
1 ARES to R$ 0.002942 BRL
Ares Protocol to CNY
1 ARES to ¥ 0.003611 CNY
Ares Protocol to TWD
1 ARES to NT$ 0.01623 TWD
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1 STRUMP to $ 1.01 JMD
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1 GRASS to $ -- JMD
Xodex to JMD
1 XODEX to $ 0.03984 JMD
Solana to JMD
1 SOL to $ 26,460.21 JMD
Dogecoin to JMD
1 DOGE to $ 27.72 JMD
Sui to JMD
1 SUI to $ 315.28 JMD
Ethereum to JMD
1 ETH to $ 387,426.89 JMD
TROY to JMD
1 TROY to $ 0.7214 JMD
Pepe to JMD
1 PEPE to $ 0.001363 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 Ares Protocol 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 Ares Protocol 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 Ares Protocol 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.
