Brazilian Real jamaican dollar exchange rate history (BRL JMD) November 2023

Brazilian Real jamaican dollar history for November 2023. The highest quote for this month is 31.685 (15/11/2023) and the lowest 31.898 (16/11/2023). The difference between high and low is -0.67.

BRL JMD average rate for November 2023 is 31.39462, the change between 01/11/2023 and 30/11/2023 is -3.45 %.

01 November 2023	1 BRL = 30.35 JMD
02 November 2023	1 BRL = 30.95 JMD
03 November 2023	1 BRL = 30.90 JMD
06 November 2023	1 BRL = 31.04 JMD
07 November 2023	1 BRL = 31.29 JMD
08 November 2023	1 BRL = 31.55 JMD
09 November 2023	1 BRL = 31.56 JMD
10 November 2023	1 BRL = 31.28 JMD
12 November 2023	1 BRL = 31.51 JMD
13 November 2023	1 BRL = 31.41 JMD
14 November 2023	1 BRL = 31.42 JMD
15 November 2023	1 BRL = 31.61 JMD
16 November 2023	1 BRL = 31.72 JMD
17 November 2023	1 BRL = 31.73 JMD
18 November 2023	1 BRL = 31.59 JMD
19 November 2023	1 BRL = 31.55 JMD
20 November 2023	1 BRL = 31.84 JMD
21 November 2023	1 BRL = 31.70 JMD
22 November 2023	1 BRL = 31.40 JMD
23 November 2023	1 BRL = 31.39 JMD
24 November 2023	1 BRL = 31.42 JMD
26 November 2023	1 BRL = 31.52 JMD
27 November 2023	1 BRL = 31.24 JMD
28 November 2023	1 BRL = 31.38 JMD
29 November 2023	1 BRL = 31.53 JMD
30 November 2023	1 BRL = 31.40 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.

Historic Brazilian Real Jamaican Dollar