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NAFT to JMD Converter and calculator

NAFT/JMD: 1 NAFT = 0.04927 JMD. The price of converting 1 Nafter (NAFT) to Jamaican Dollar (JMD) is 0.04927 JMD today.
NAFT
NAFT
JMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NAFT to JMD real-time exchange rates, making it easy to convert Nafter (NAFT) to Jamaican Dollar (JMD). The conversion result is based on real-time data. The conversion result shows that 1 NAFT is currently valued at 0.04927 JMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NAFT is currently valued at 0.04927 JMD, which means buying 5 NAFT would cost 0.2464 JMD. Similarly, $1 JMD can be converted to 20.3 NAFT, and $50 JMD can be converted to 101.48 NAFT, excluding any platform or gas fees.

Convert NAFT to JMD

Convert JMD to NAFT

Nafter
Jamaican Dollar
5000 NAFT
246.36  JMD
10000 NAFT
492.72  JMD
In the table above, you'll find a comprehensive NAFT to JMD converter that shows the value of Nafter in Jamaican Dollar across commonly used conversion amounts. The list covers conversions from 1 NAFT to JMD, all the way up to 10000 NAFT, providing a clear view of their respective values.
Jamaican Dollar
Nafter
5000 JMD
101,477.49 NAFT
10000 JMD
202,954.98 NAFT
50000 JMD
1,014,774.9 NAFT
100000 JMD
2,029,549.79 NAFT
In the table above, you'll find a comprehensive JMD to NAFT converter that shows the value of Jamaican Dollar in Nafter across commonly used conversion amounts. The list covers conversions from 1 JMD to NAFT, all the way up to 100000 JMD, providing a clear view of their respective values.

NAFT to JMD chart

NAFT/JMD: 1 NAFT = 0.04927 JMD; 2025/06/21 12:31:36
In the past 1D, Nafter has changed -0.66% to JMD. Based on the trend and price charts, Nafter(NAFT) has changed -0.66% to JMD while Jamaican Dollar(JMD) has changed % to NAFT in the last 24 hours.
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NAFT to JMD conversion data: Volatility and price changes of Nafter in JMD

The highest Nafter price in JMD over the past 7 days was 0.05057 JMD while the lowest Nafter price in JMD over the past 7 days was 0.04850 JMD. The relative change between the highs and lows in Nafter price in JMD over the last 7 days indicates a volatility of %. You can view additional volatility data and NAFT 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
0.04962 JMD
0.05057 JMD
0.05327 JMD
0.05411 JMD
Low
0.04900 JMD
0.04850 JMD
0.04806 JMD
0.04318 JMD
Average
0 JMD
0 JMD
0 JMD
0 JMD
Volatility
%
%
%
%
Change
-0.66%
-1.70%
-5.37%
-6.62%

Nafter information

NAFT to JMD market statistics

NAFT/JMD:
$0.04927
NAFT 24h volume:
$4,712,148.44
NAFT market cap:
$49,156,392.62
NAFT circulating supply:
997.65M NAFT

Current NAFT to JMD exchange rate

Nafter to Jamaican Dollar is falling this week.
Nafter's current market price is $0.04927 per NAFT, with a total market cap of $49,156,392.62 JMD based on a circulating supply of 997,653,500 NAFT. The trading volume of Nafter has changed by -72.18% ($-12,223,161.73 JMD) in the last 24 hours. Last trading day, NAFT's trading volume was $16,935,310.18.

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

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How to convert NAFT to JMD

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NAFT to JMD Conversion tables

The exchange rate of Nafter is decreasing.
The exchange rate of 1 NAFT to Jamaican Dollar has changed by -1.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.66%, reaching a high of 0.04962 JMD and a low of 0.04900 JMD . One month ago, the value of 1 NAFT was $0.05207 JMD , which represents a -5.37% change from its current value. Over the last year, Nafter has changed by
-$
0.03972JMD
, resulting in a change of -44.65% in its value.
24 hours ago1 month ago1 year ago
Amount 12:31 today 24 hours ago 24h change
0.5 NAFT
$0.02464$0.02480
-0.66%
1 NAFT
$0.04927$0.04960
-0.66%
5 NAFT
$0.2464$0.2480
-0.66%
10 NAFT
$0.4927$0.4960
-0.66%
50 NAFT
$2.46$2.48
-0.66%
100 NAFT
$4.93$4.96
-0.66%
500 NAFT
$24.64$24.8
-0.66%
1000 NAFT
$49.27$49.6
-0.66%

NAFT to JMD FAQ

How much is 1 Nafter in JMD?
Right now, the price of 1 Nafter (NAFT) in Jamaican Dollar (JMD) is $0.04927.
How much NAFT can I buy for 1 JMD?
Based on the current exchange rate, you can get 20.3 NAFT for 1 JMD.
How do I calculate or convert NAFT to JMD?
You can use our NAFT to JMD calculator at the top of this page to convert any amount of NAFT to JMD. We've also included quick-reference tables for the most popular conversions. For example, 5 JMD is equivalent to 101.48 NAFT, while 5 NAFT will cost around 0.2464JMD.
What is the highest price of NAFT/JMD in history?
The all-time high price of 1 NAFT in JMD is $62.24. It remains to be seen if the value of 1 NAFT/JMD will exceed the current all-time high.
What is the price trend of Nafter in JMD?
Over the past 7 days, the exchange rate of Nafter (NAFT) has gone down by 1.70%.   Over the last month, the exchange rate of Nafter (NAFT) has gone down by 5.37% against Jamaican Dollar (JMD).

What factors influence the conversion rate of NAFT to JMD?

There are many factors that affect the relationship between Nafter 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 NAFT/JMD. When there is positive news in the market about the widespread adoption of NAFT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NAFT/JMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NAFT/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 NAFT/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 Nafter 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 Nafter currency pairs: NAFT to US Dollar (USD), NAFT to Euro (EUR), NAFT to Pound Sterling (GBP), NAFT to Canadian Dollar (CAD), NAFT to Indian Rupee (INR), NAFT to Pakistani Rupee (PKR), NAFT to Brazilian Real (BRL), NAFT to…
The price of Nafter in the US is $0.0003089 USD. Additionally, Nafter’s price is €0.0002680 EUR in the eurozone, £0.0002295 GBP in the UK, C$0.0004242 CAD in Canada, ₹0.02675 INR in India, ₨0.08770 PKR in Pakistan, R$0.001703 BRL in Brazil, and more.
The most popular Nafter currency pair is the NAFT to Jamaican Dollar(JMD). The price of 1 Nafter (NAFT) in Jamaican Dollar (JMD) is $0.04927.

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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.