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MG8 to JMD Converter and calculator

MG8/JMD: 1 MG8 = 0.1011 JMD. The price of converting 1 Megalink (MG8) to Jamaican Dollar (JMD) is 0.1011 JMD today.
MG8
MG8
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MG8 to JMD real-time exchange rates, making it easy to convert Megalink (MG8) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MG8 is currently valued at 0.1011 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MG8 is currently valued at 0.1011 JMD, which means buying 5 MG8 would cost 0.5055 JMD. Similarly, $1 JMD can be converted to 9.89 MG8, and $50 JMD can be converted to 49.45 MG8, excluding any platform or gas fees.

Convert MG8 to JMD

Convert JMD to MG8

Megalink
Jamaican Dollar
1 MG8
0.1011  JMD
Exchange 1 MG8 for 0.1011 JMD
2 MG8
0.2022  JMD
Exchange 2 MG8 for 0.2022 JMD
5 MG8
0.5055  JMD
Exchange 5 MG8 for 0.5055 JMD
10 MG8
1.01  JMD
Exchange 10 MG8 for 1.01 JMD
20 MG8
2.02  JMD
Exchange 20 MG8 for 2.02 JMD
50 MG8
5.06  JMD
Exchange 50 MG8 for 5.06 JMD
100 MG8
10.11  JMD
Exchange 100 MG8 for 10.11 JMD
200 MG8
20.22  JMD
Exchange 200 MG8 for 20.22 JMD
500 MG8
50.55  JMD
Exchange 500 MG8 for 50.55 JMD
1000 MG8
101.1  JMD
Exchange 1000 MG8 for 101.1 JMD
5000 MG8
505.52  JMD
Exchange 5000 MG8 for 505.52 JMD
10000 MG8
1,011.04  JMD
Exchange 10000 MG8 for 1,011.04 JMD
In the table above, you'll find a comprehensive MG8 to JMD converter that shows the value of Megalink in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MG8 to JMD, all the way up to 10000 MG8, providing a clear view of their respective values.
Jamaican Dollar
Megalink
1 JMD
9.89 MG8
Exchange 1 JMD for 9.89 MG8
10 JMD
98.91 MG8
Exchange 10 JMD for 98.91 MG8
50 JMD
494.54 MG8
Exchange 50 JMD for 494.54 MG8
100 JMD
989.08 MG8
Exchange 100 JMD for 989.08 MG8
200 JMD
1,978.16 MG8
Exchange 200 JMD for 1,978.16 MG8
500 JMD
4,945.41 MG8
Exchange 500 JMD for 4,945.41 MG8
1000 JMD
9,890.82 MG8
Exchange 1000 JMD for 9,890.82 MG8
2000 JMD
19,781.64 MG8
Exchange 2000 JMD for 19,781.64 MG8
5000 JMD
49,454.1 MG8
Exchange 5000 JMD for 49,454.1 MG8
10000 JMD
98,908.2 MG8
Exchange 10000 JMD for 98,908.2 MG8
50000 JMD
494,540.99 MG8
Exchange 50000 JMD for 494,540.99 MG8
100000 JMD
989,081.98 MG8
Exchange 100000 JMD for 989,081.98 MG8
In the table above, you'll find a comprehensive JMD to MG8 converter that shows the value of Jamaican Dollar in Megalink across commonly used conversion amounts. The list covers conversions from 1 JMD to MG8, all the way up to 100000 JMD, providing a clear view of their respective values.

MG8 to JMD chart

MG8/JMD: 1 MG8 = 0.1011 JMD; 2025/10/04 07:41:35
In the past 1D, Megalink has changed -7.84% to JMD. Based on the trend and price charts, Megalink(MG8) has changed -7.84% to JMD while Jamaican Dollar(JMD) has changed % to MG8 in the last 24 hours.
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MG8 to JMD conversion data: Volatility and price changes of Megalink in JMD

The highest Megalink price in JMD over the past 7 days was 0.1475 JMD while the lowest Megalink price in JMD over the past 7 days was 0.09973 JMD. The relative change between the highs and lows in Megalink price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MG8 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
0.1135 JMD
0.1475 JMD
0.2311 JMD
0.2400 JMD
Low
0.1017 JMD
0.09973 JMD
0.09973 JMD
0.07445 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-7.84%
-27.24%
-38.41%
-42.63%

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Bitget P2P trading does not currently support direct buying of MG8 with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy MG8 with USDT via Bitget spot market.
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Megalink information

MG8 to JMD market statistics

MG8/JMD:
$0.1011
MG8 24h volume:
$40,091,170.12
MG8 market cap:
--
MG8 circulating supply:
0 MG8

Current MG8 to JMD exchange rate

Megalink to Jamaican Dollar is falling this week.
Megalink's current market price is $0.1011 per MG8, with a total market cap of $0 JMD based on a circulating supply of -- MG8. The trading volume of Megalink has changed by -18.76% ($-9,260,251.38 JMD) in the last 24 hours. Last trading day, MG8's trading volume was $49,351,421.5.

More info about Megalink 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 Megalink currency pair is the MG8 to JMD, with for Megalink's currency code being MG8. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.

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How to convert MG8 to JMD

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MG8 to JMD Conversion tables

The exchange rate of Megalink is decreasing.
The exchange rate of 1 MG8 to Jamaican Dollar has changed by -27.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.84%, reaching a high of 0.1135 JMD and a low of 0.1017 JMD . One month ago, the value of 1 MG8 was $0.1645 JMD , which represents a -38.41% change from its current value. Over the last year, Megalink has changed by
+$
0.1017JMD
, resulting in a change of -98.90% in its value.
24 hours ago1 month ago1 year ago
Amount 07:41 am today 24 hours ago 24h change
0.5 MG8
$0.05055$0.05488
-7.84%
1 MG8
$0.1011$0.1098
-7.84%
5 MG8
$0.5055$0.5488
-7.84%
10 MG8
$1.01$1.1
-7.84%
50 MG8
$5.06$5.49
-7.84%
100 MG8
$10.11$10.98
-7.84%
500 MG8
$50.55$54.88
-7.84%
1000 MG8
$101.1$109.75
-7.84%

MG8 to JMD FAQ

How much is 1 Megalink in JMD?
Right now, the price of 1 Megalink (MG8) in Jamaican Dollar (JMD) is $0.1011.
How much MG8 can I buy for 1 JMD?
Based on the current exchange rate, you can get 9.89 MG8 for 1 JMD.
How do I calculate or convert MG8 to JMD?
You can use our MG8 to JMD calculator at the top of this page to convert any amount of MG8 to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 49.45 MG8, while 5 MG8 will cost around 0.5055JMD.
What is the highest price of MG8/JMD in history?
The all-time high price of 1 MG8 in JMD is $11.56. It remains to be seen if the value of 1 MG8/JMD will exceed the current all-time high.
What is the price trend of Megalink in JMD?
Over the past 7 days, the exchange rate of Megalink (MG8) has gone down by 27.24%.   Over the last month, the exchange rate of Megalink (MG8) has gone down by 38.41% against Jamaican Dollar (JMD).

What factors influence the conversion rate of MG8 to JMD?

There are many factors that affect the relationship between Megalink 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 MG8/JMD. When there is positive news in the market about the widespread adoption of MG8 or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MG8/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MG8/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 MG8/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 Megalink 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 Megalink currency pairs: MG8 to US Dollar (USD), MG8 to Euro (EUR), MG8 to Pound Sterling (GBP), MG8 to Canadian Dollar (CAD), MG8 to Indian Rupee (INR), MG8 to Pakistani Rupee (PKR), MG8 to Brazilian Real (BRL), MG8 to…
The price of Megalink in the US is $0.0006292 USD. Additionally, Megalink’s price is €0.0005359 EUR in the eurozone, £0.0004669 GBP in the UK, C$0.0008788 CAD in Canada, ₹0.05584 INR in India, ₨0.1770 PKR in Pakistan, R$0.003358 BRL in Brazil, and more.
The most popular Megalink currency pair is the MG8 to Jamaican Dollar(JMD). The price of 1 Megalink (MG8) in Jamaican Dollar (JMD) is $0.1011.

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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.