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VELVET to JMD Converter and calculator

VELVET/JMD: 1 VELVET = 10.21 JMD. The price of converting 1 Velvet (VELVET) to Jamaican Dollar (JMD) is 10.21 JMD today.
VELVET
VELVET
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELVET to JMD real-time exchange rates, making it easy to convert Velvet (VELVET) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 VELVET is currently valued at 10.21 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELVET is currently valued at 10.21 JMD, which means buying 5 VELVET would cost 51.05 JMD. Similarly, $1 JMD can be converted to 0.09794 VELVET, and $50 JMD can be converted to 0.4897 VELVET, excluding any platform or gas fees.

Convert VELVET to JMD

Convert JMD to VELVET

Velvet
Jamaican Dollar
1 VELVET
10.21  JMD
Exchange 1 VELVET for 10.21 JMD
2 VELVET
20.42  JMD
Exchange 2 VELVET for 20.42 JMD
5 VELVET
51.05  JMD
Exchange 5 VELVET for 51.05 JMD
10 VELVET
102.1  JMD
Exchange 10 VELVET for 102.1 JMD
20 VELVET
204.21  JMD
Exchange 20 VELVET for 204.21 JMD
50 VELVET
510.52  JMD
Exchange 50 VELVET for 510.52 JMD
100 VELVET
1,021.04  JMD
Exchange 100 VELVET for 1,021.04 JMD
200 VELVET
2,042.09  JMD
Exchange 200 VELVET for 2,042.09 JMD
500 VELVET
5,105.22  JMD
Exchange 500 VELVET for 5,105.22 JMD
1000 VELVET
10,210.45  JMD
Exchange 1000 VELVET for 10,210.45 JMD
5000 VELVET
51,052.23  JMD
Exchange 5000 VELVET for 51,052.23 JMD
10000 VELVET
102,104.46  JMD
Exchange 10000 VELVET for 102,104.46 JMD
In the table above, you'll find a comprehensive VELVET to JMD converter that shows the value of Velvet in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 VELVET to JMD, all the way up to 10000 VELVET, providing a clear view of their respective values.
Jamaican Dollar
Velvet
1 JMD
0.09794 VELVET
Exchange 1 JMD for 0.09794 VELVET
10 JMD
0.9794 VELVET
Exchange 10 JMD for 0.9794 VELVET
50 JMD
4.9 VELVET
Exchange 50 JMD for 4.9 VELVET
100 JMD
9.79 VELVET
Exchange 100 JMD for 9.79 VELVET
200 JMD
19.59 VELVET
Exchange 200 JMD for 19.59 VELVET
500 JMD
48.97 VELVET
Exchange 500 JMD for 48.97 VELVET
1000 JMD
97.94 VELVET
Exchange 1000 JMD for 97.94 VELVET
2000 JMD
195.88 VELVET
Exchange 2000 JMD for 195.88 VELVET
5000 JMD
489.69 VELVET
Exchange 5000 JMD for 489.69 VELVET
10000 JMD
979.39 VELVET
Exchange 10000 JMD for 979.39 VELVET
50000 JMD
4,896.95 VELVET
Exchange 50000 JMD for 4,896.95 VELVET
100000 JMD
9,793.89 VELVET
Exchange 100000 JMD for 9,793.89 VELVET
In the table above, you'll find a comprehensive JMD to VELVET converter that shows the value of Jamaican Dollar in Velvet across commonly used conversion amounts. The list covers conversions from 1 JMD to VELVET, all the way up to 100000 JMD, providing a clear view of their respective values.

VELVET to JMD chart

VELVET/JMD: 1 VELVET = 10.21 JMD; 2025/07/17 18:07:36
In the past 1D, Velvet has changed +9.16% to JMD. Based on the trend and price charts, Velvet(VELVET) has changed +9.16% to JMD while Jamaican Dollar(JMD) has changed % to VELVET in the last 24 hours.
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VELVET to JMD conversion data: Volatility and price changes of Velvet in JMD

The highest Velvet price in JMD over the past 7 days was 13.98 JMD while the lowest Velvet price in JMD over the past 7 days was 7.2 JMD. The relative change between the highs and lows in Velvet price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and VELVET 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
10.64 JMD
13.98 JMD
13.98 JMD
13.98 JMD
Low
8.76 JMD
7.2 JMD
5.12 JMD
5.12 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+9.16%
-4.77%
+15.54%
-11.73%

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Velvet information

VELVET to JMD market statistics

VELVET/JMD:
$10.21
VELVET 24h volume:
$6,009,863,439.85
VELVET market cap:
$2,534,913,428.7
VELVET circulating supply:
248.27M VELVET

Current VELVET to JMD exchange rate

Velvet to Jamaican Dollar is falling this week.
Velvet's current market price is $10.21 per VELVET, with a total market cap of $2,534,913,428.7 JMD based on a circulating supply of 248,266,670 VELVET. The trading volume of Velvet has changed by +26.04% ($1,241,474,025.87 JMD) in the last 24 hours. Last trading day, VELVET's trading volume was $4,768,389,413.97.

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

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How to convert VELVET to JMD

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VELVET to JMD Conversion tables

The exchange rate of Velvet is increasing.
The exchange rate of 1 VELVET to Jamaican Dollar has changed by -4.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.16%, reaching a high of 10.64 JMD and a low of 8.76 JMD . One month ago, the value of 1 VELVET was $0.01615 JMD , which represents a +15.54% change from its current value. Over the last year, Velvet has changed by
+$
10.19JMD
, resulting in a change of +27.26% in its value.
24 hours ago1 month ago1 year ago
Amount 18:07 today 24 hours ago 24h change
0.5 VELVET
$5.11$4.68
+9.16%
1 VELVET
$10.21$9.35
+9.16%
5 VELVET
$51.05$46.77
+9.16%
10 VELVET
$102.1$93.55
+9.16%
50 VELVET
$510.52$467.75
+9.16%
100 VELVET
$1,021.04$935.49
+9.16%
500 VELVET
$5,105.22$4,677.45
+9.16%
1000 VELVET
$10,210.45$9,354.9
+9.16%

VELVET to JMD FAQ

How much is 1 Velvet in JMD?
Right now, the price of 1 Velvet (VELVET) in Jamaican Dollar (JMD) is $10.21.
How much VELVET can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.09794 VELVET for 1 JMD.
How do I calculate or convert VELVET to JMD?
You can use our VELVET to JMD calculator at the top of this page to convert any amount of VELVET to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.4897 VELVET, while 5 VELVET will cost around 51.05JMD.
What is the highest price of VELVET/JMD in history?
The all-time high price of 1 VELVET in JMD is $13.98. It remains to be seen if the value of 1 VELVET/JMD will exceed the current all-time high.
What is the price trend of Velvet in JMD?
Over the past 7 days, the exchange rate of Velvet (VELVET) has gone down by 4.77%.   Over the last month, the exchange rate of Velvet (VELVET) has gone up by 15.54% against Jamaican Dollar (JMD).

What factors influence the conversion rate of VELVET to JMD?

There are many factors that affect the relationship between Velvet 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 VELVET/JMD. When there is positive news in the market about the widespread adoption of VELVET or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VELVET/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VELVET/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 VELVET/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 Velvet 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 Velvet currency pairs: VELVET to US Dollar (USD), VELVET to Euro (EUR), VELVET to Pound Sterling (GBP), VELVET to Canadian Dollar (CAD), VELVET to Indian Rupee (INR), VELVET to Pakistani Rupee (PKR), VELVET to Brazilian Real (BRL), VELVET to…
The price of Velvet in the US is $0.06389 USD. Additionally, Velvet’s price is €0.05510 EUR in the eurozone, £0.04764 GBP in the UK, C$0.08783 CAD in Canada, ₹5.5 INR in India, ₨18.21 PKR in Pakistan, R$0.3557 BRL in Brazil, and more.
The most popular Velvet currency pair is the VELVET to Jamaican Dollar(JMD). The price of 1 Velvet (VELVET) in Jamaican Dollar (JMD) is $10.21.

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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.