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ELF to JMD Converter and calculator

ELF/JMD: 1 ELF = 40.02 JMD. The price of converting 1 aelf (ELF) to Jamaican Dollar (JMD) is 40.02 JMD today.
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ELF
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELF to JMD real-time exchange rates, making it easy to convert aelf (ELF) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 ELF is currently valued at 40.02 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELF is currently valued at 40.02 JMD, which means buying 5 ELF would cost 200.11 JMD. Similarly, $1 JMD can be converted to 0.02499 ELF, and $50 JMD can be converted to 0.1249 ELF, excluding any platform or gas fees.

Convert ELF to JMD

Convert JMD to ELF

aelf
Jamaican Dollar
100 ELF
4,002.13  JMD
200 ELF
8,004.27  JMD
500 ELF
20,010.67  JMD
1000 ELF
40,021.33  JMD
5000 ELF
200,106.67  JMD
10000 ELF
400,213.35  JMD
In the table above, you'll find a comprehensive ELF to JMD converter that shows the value of aelf in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 ELF to JMD, all the way up to 10000 ELF, providing a clear view of their respective values.
In the table above, you'll find a comprehensive JMD to ELF converter that shows the value of Jamaican Dollar in aelf across commonly used conversion amounts. The list covers conversions from 1 JMD to ELF, all the way up to 100000 JMD, providing a clear view of their respective values.

ELF to JMD chart

ELF/JMD: 1 ELF = 40.02 JMD; 2025/05/11 08:32:35
In the past 1D, aelf has changed +1.21% to JMD. Based on the trend and price charts, aelf(ELF) has changed +1.21% to JMD while Jamaican Dollar(JMD) has changed % to ELF in the last 24 hours.
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ELF to JMD conversion data: Volatility and price changes of aelf in JMD

The highest aelf price in JMD over the past 7 days was 40.72 JMD while the lowest aelf price in JMD over the past 7 days was 35.6 JMD. The relative change between the highs and lows in aelf price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and ELF to JMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
40.72 JMD
40.72 JMD
44.98 JMD
55.34 JMD
Low
39.21 JMD
35.6 JMD
33.12 JMD
31.92 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+1.21%
+5.77%
+9.08%
-14.06%

aelf information

ELF to JMD market statistics

ELF/JMD:
$40.02
ELF 24h volume:
$1,084,348,405.35
ELF market cap:
$29,607,930,169.73
ELF circulating supply:
739.80M ELF

Current ELF to JMD exchange rate

aelf to Jamaican Dollar is rising this week.
aelf's current market price is $40.02 per ELF, with a total market cap of $29,607,930,169.73 JMD based on a circulating supply of 739,803,650 ELF. The trading volume of aelf has changed by -7.44% ($-87,122,274.46 JMD) in the last 24 hours. Last trading day, ELF's trading volume was $1,171,470,679.8.

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

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How to convert ELF to JMD

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Convert ELF to JMD
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Bitget P2P trading does not currently support direct buying of ELF with JMD. However, you can buy USDT in Bitget P2P trading first, and then buy ELF with USDT via Bitget spot market.
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ELF to JMD Conversion tables

The exchange rate of aelf is increasing.
The exchange rate of 1 ELF to Jamaican Dollar has changed by +5.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.21%, reaching a high of 40.72 JMD and a low of 39.21 JMD . One month ago, the value of 1 ELF was $36.69 JMD , which represents a +9.08% change from its current value. Over the last year, aelf has changed by
-$
44.68JMD
, resulting in a change of -52.75% in its value.
24 hours ago1 month ago1 year ago
Amount08:32 am today24 hours ago24h change
0.5 ELF$20.01$19.77
+1.21%
1 ELF$40.02$39.54
+1.21%
5 ELF$200.11$197.71
+1.21%
10 ELF$400.21$395.41
+1.21%
50 ELF$2,001.07$1,977.07
+1.21%
100 ELF$4,002.13$3,954.13
+1.21%
500 ELF$20,010.67$19,770.65
+1.21%
1000 ELF$40,021.33$39,541.31
+1.21%

ELF to JMD FAQ

How much is 1 aelf in JMD?
Right now, the price of 1 aelf (ELF) in Jamaican Dollar (JMD) is $40.02.
How much ELF can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.02499 ELF for 1 JMD.
How do I calculate or convert ELF to JMD?
You can use our ELF to JMD calculator at the top of this page to convert any amount of ELF to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.1249 ELF, while 5 ELF will cost around 200.11JMD.
What is the highest price of ELF/JMD in history?
The all-time high price of 1 ELF in JMD is $439.27. It remains to be seen if the value of 1 ELF/JMD will exceed the current all-time high.
What is the price trend of aelf in JMD?
Over the past 7 days, the exchange rate of aelf (ELF) has gone up by 5.77%.   Over the last month, the exchange rate of aelf (ELF) has gone up by 9.08% against Jamaican Dollar (JMD).

What factors influence the conversion rate of ELF to JMD?

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

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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.