Marvell tokenized stock (xStock) to Jamaican Dollar (MRVLX to JMD)
MRVLX to JMD Converter and calculator
MRVLX/JMD: 1 MRVLX = 14,119.07 JMD. The price of converting 1 Marvell tokenized stock (xStock) (MRVLX) to Jamaican Dollar (JMD) is 14,119.07 JMD today.
MRVLX
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Bitget converter provides MRVLX to JMD real-time exchange rates, making it easy to convert Marvell tokenized stock (xStock) (MRVLX) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 MRVLX is currently valued at 14,119.07 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MRVLX is currently valued at 14,119.07 JMD, which means buying 5 MRVLX would cost 70,595.34 JMD. Similarly, $1 JMD can be converted to 0.{4}7083 MRVLX, and $50 JMD can be converted to 0.0003541 MRVLX, excluding any platform or gas fees.
Conversion rates
Convert MRVLX to JMD
Convert JMD to MRVLX
Marvell tokenized stock (xStock)
Jamaican Dollar
1 MRVLX
14,119.07 JMD
Exchange 1 MRVLX for 14,119.07 JMD
2 MRVLX
28,238.14 JMD
Exchange 2 MRVLX for 28,238.14 JMD
5 MRVLX
70,595.34 JMD
Exchange 5 MRVLX for 70,595.34 JMD
10 MRVLX
141,190.68 JMD
Exchange 10 MRVLX for 141,190.68 JMD
20 MRVLX
282,381.36 JMD
Exchange 20 MRVLX for 282,381.36 JMD
50 MRVLX
705,953.41 JMD
Exchange 50 MRVLX for 705,953.41 JMD
100 MRVLX
1,411,906.82 JMD
Exchange 100 MRVLX for 1,411,906.82 JMD
200 MRVLX
2,823,813.63 JMD
Exchange 200 MRVLX for 2,823,813.63 JMD
500 MRVLX
7,059,534.08 JMD
Exchange 500 MRVLX for 7,059,534.08 JMD
1000 MRVLX
14,119,068.16 JMD
Exchange 1000 MRVLX for 14,119,068.16 JMD
5000 MRVLX
70,595,340.8 JMD
Exchange 5000 MRVLX for 70,595,340.8 JMD
10000 MRVLX
141,190,681.59 JMD
Exchange 10000 MRVLX for 141,190,681.59 JMD
In the table above, you'll find a comprehensive MRVLX to JMD converter that shows the value of Marvell tokenized stock (xStock) in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 MRVLX to JMD, all the way up to 10000 MRVLX, providing a clear view of their respective values.
Jamaican Dollar
Marvell tokenized stock (xStock)
1 JMD
0.{4}7083 MRVLX
Exchange 1 JMD for 0.{4}7083 MRVLX
10 JMD
0.0007083 MRVLX
Exchange 10 JMD for 0.0007083 MRVLX
50 JMD
0.003541 MRVLX
Exchange 50 JMD for 0.003541 MRVLX
100 JMD
0.007083 MRVLX
Exchange 100 JMD for 0.007083 MRVLX
200 JMD
0.01417 MRVLX
Exchange 200 JMD for 0.01417 MRVLX
500 JMD
0.03541 MRVLX
Exchange 500 JMD for 0.03541 MRVLX
1000 JMD
0.07083 MRVLX
Exchange 1000 JMD for 0.07083 MRVLX
2000 JMD
0.1417 MRVLX
Exchange 2000 JMD for 0.1417 MRVLX
5000 JMD
0.3541 MRVLX
Exchange 5000 JMD for 0.3541 MRVLX
10000 JMD
0.7083 MRVLX
Exchange 10000 JMD for 0.7083 MRVLX
50000 JMD
3.54 MRVLX
Exchange 50000 JMD for 3.54 MRVLX
100000 JMD
7.08 MRVLX
Exchange 100000 JMD for 7.08 MRVLX
In the table above, you'll find a comprehensive JMD to MRVLX converter that shows the value of Jamaican Dollar in Marvell tokenized stock (xStock) across commonly used conversion amounts. The list covers conversions from 1 JMD to MRVLX, all the way up to 100000 JMD, providing a clear view of their respective values.
In the past 1D, Marvell tokenized stock (xStock) has changed +5.20% to JMD. Based on the trend and price charts, Marvell tokenized stock (xStock)(MRVLX) has changed +5.20% to JMD while Jamaican Dollar(JMD) has changed % to MRVLX in the last 24 hours.
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MRVLX to JMD conversion data: Volatility and price changes of Marvell tokenized stock (xStock) in JMD
The highest Marvell tokenized stock (xStock) price in JMD over the past 7 days was 14,119.07 JMD while the lowest Marvell tokenized stock (xStock) price in JMD over the past 7 days was 11,956.73 JMD. The relative change between the highs and lows in Marvell tokenized stock (xStock) price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MRVLX 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
14,119.07 JMD
14,119.07 JMD
16,841.95 JMD
16,841.95 JMD
Low
13,400.42 JMD
11,956.73 JMD
11,956.73 JMD
11,956.73 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
+5.20%
+8.67%
-0.39%
+3.43%
Buy
Sell
Buy MRVLX (or USDT) for JMD (Jamaican Dollar) offers
Marvell tokenized stock (xStock) to Jamaican Dollar is rising this week.
Marvell tokenized stock (xStock)'s current market price is $14,119.07 per MRVLX, with a total market cap of $115,211,596.18 JMD based on a circulating supply of 8,160 MRVLX. The trading volume of Marvell tokenized stock (xStock) has changed by +176.43% ($155,994.9 JMD) in the last 24 hours. Last trading day, MRVLX's trading volume was $88,415.49.
More info about Marvell tokenized stock (xStock) on Bitget
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 Marvell tokenized stock (xStock) currency pair is the MRVLX to JMD, with for Marvell tokenized stock (xStock)'s currency code being MRVLX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JMD.
The exchange rate of Marvell tokenized stock (xStock) is decreasing.
The exchange rate of 1 MRVLX to Jamaican Dollar has changed by +8.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.20%, reaching a high of 14,119.07 JMD and a low of 13,400.42 JMD . One month ago, the value of 1 MRVLX was $14,174.96 JMD , which represents a -0.39% change from its current value. Over the last year, Marvell tokenized stock (xStock) has changed by
+$
1,343.08JMD
, resulting in a change of +2.48% in its value.
24 hours ago1 month ago1 year ago
Amount
08:14 am today
24 hours ago
24h change
0.5 MRVLX
$7,059.53
$6,710.59
+5.20%
1 MRVLX
$14,119.07
$13,421.18
+5.20%
5 MRVLX
$70,595.34
$67,105.9
+5.20%
10 MRVLX
$141,190.68
$134,211.8
+5.20%
50 MRVLX
$705,953.41
$671,058.98
+5.20%
100 MRVLX
$1,411,906.82
$1,342,117.96
+5.20%
500 MRVLX
$7,059,534.08
$6,710,589.8
+5.20%
1000 MRVLX
$14,119,068.16
$13,421,179.6
+5.20%
MRVLX to JMD FAQ
How much is 1 Marvell tokenized stock (xStock) in JMD?
Right now, the price of 1 Marvell tokenized stock (xStock) (MRVLX) in Jamaican Dollar (JMD) is $14,119.07.
How much MRVLX can I buy for 1 JMD?
Based on the current exchange rate, you can get 0.{4}7083 MRVLX for 1 JMD.
How do I calculate or convert MRVLX to JMD?
You can use our MRVLX to JMD calculator at the top of this page to convert any amount of MRVLX to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 0.0003541 MRVLX, while 5 MRVLX will cost around 70,595.34JMD.
What is the highest price of MRVLX/JMD in history?
The all-time high price of 1 MRVLX in JMD is $16,841.95. It remains to be seen if the value of 1 MRVLX/JMD will exceed the current all-time high.
What is the price trend of Marvell tokenized stock (xStock) in JMD?
Over the past 7 days, the exchange rate of Marvell tokenized stock (xStock) (MRVLX) has gone up by 8.67%.
Over the last month, the exchange rate of Marvell tokenized stock (xStock) (MRVLX) has gone down by 0.39% against Jamaican Dollar (JMD).
What factors influence the conversion rate of MRVLX to JMD?
There are many factors that affect the relationship between Marvell tokenized stock (xStock) 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 MRVLX/JMD. When there is positive news in the market about the widespread adoption of MRVLX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MRVLX/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MRVLX/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 MRVLX/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 Marvell tokenized stock (xStock) and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Marvell tokenized stock (xStock) currency pairs: MRVLX to US Dollar (USD), MRVLX to Euro (EUR), MRVLX to Pound Sterling (GBP), MRVLX to Canadian Dollar (CAD), MRVLX to Indian Rupee (INR), MRVLX to Pakistani Rupee (PKR), MRVLX to Brazilian Real (BRL), MRVLX to… The price of Marvell tokenized stock (xStock) in the US is $88.41 USD. Additionally, Marvell tokenized stock (xStock)’s price is €76.3 EUR in the eurozone, £66.81 GBP in the UK, C$124.09 CAD in Canada, ₹7,891.08 INR in India, ₨24,903.81 PKR in Pakistan, R$471.28 BRL in Brazil, and more. The most popular Marvell tokenized stock (xStock) currency pair is the MRVLX to Jamaican Dollar(JMD). The price of 1 Marvell tokenized stock (xStock) (MRVLX) in Jamaican Dollar (JMD) is $14,119.07.
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.