Historic Brazilian Real Jamaican Dollar

Brazilian Real jamaican dollar history for February 2024. The highest quote for this month is 31.392 (21/02/2024) and the lowest 31.594 (03/02/2024). The difference between high and low is -0.64.

BRL JMD average rate for February 2024 is 31.19833, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 BRL = 31.02 JMD
02 February 20241 BRL = 31.31 JMD
03 February 20241 BRL = 31.20 JMD
04 February 20241 BRL = 31.19 JMD
05 February 20241 BRL = 31.58 JMD
06 February 20241 BRL = 31.22 JMD
07 February 20241 BRL = 31.15 JMD
08 February 20241 BRL = 31.08 JMD
09 February 20241 BRL = 30.83 JMD
12 February 20241 BRL = 31.23 JMD
13 February 20241 BRL = 31.26 JMD
14 February 20241 BRL = 31.23 JMD
15 February 20241 BRL = 31.22 JMD
16 February 20241 BRL = 31.23 JMD
17 February 20241 BRL = 31.38 JMD
18 February 20241 BRL = 31.37 JMD
19 February 20241 BRL = 31.19 JMD
20 February 20241 BRL = 31.27 JMD
21 February 20241 BRL = 31.46 JMD
22 February 20241 BRL = 31.39 JMD
23 February 20241 BRL = 31.24 JMD
24 February 20241 BRL = 30.83 JMD
25 February 20241 BRL = 31.13 JMD
26 February 20241 BRL = 30.96 JMD
27 February 20241 BRL = 31.09 JMD
28 February 20241 BRL = 31.26 JMD
29 February 20241 BRL = 31.05 JMD

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.
BRL JMD July 2023
BRL JMD August 2023
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BRL JMD January 2024
BRL JMD February 2024
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BRL JMD July 2024