Colombian Peso jamaican dollar exchange rate history (COP JMD) August 2023

Colombian Peso jamaican dollar history for August 2023. The highest quote for this month is 0.038651 (12/08/2023) and the lowest 0.039364 (02/08/2023). The difference between high and low is -1.84.

COP JMD average rate for August 2023 is 0.03766, the change between 01/08/2023 and 31/08/2023 is +4.65 %.

01 August 2023	1 COP = 0.0392 JMD
02 August 2023	1 COP = 0.0385 JMD
03 August 2023	1 COP = 0.0381 JMD
04 August 2023	1 COP = 0.0372 JMD
07 August 2023	1 COP = 0.0372 JMD
08 August 2023	1 COP = 0.0380 JMD
09 August 2023	1 COP = 0.0377 JMD
10 August 2023	1 COP = 0.0377 JMD
11 August 2023	1 COP = 0.0383 JMD
12 August 2023	1 COP = 0.0387 JMD
14 August 2023	1 COP = 0.0387 JMD
15 August 2023	1 COP = 0.0379 JMD
16 August 2023	1 COP = 0.0373 JMD
17 August 2023	1 COP = 0.0372 JMD
18 August 2023	1 COP = 0.0374 JMD
19 August 2023	1 COP = 0.0372 JMD
20 August 2023	1 COP = 0.0372 JMD
21 August 2023	1 COP = 0.0370 JMD
22 August 2023	1 COP = 0.0376 JMD
23 August 2023	1 COP = 0.0372 JMD
24 August 2023	1 COP = 0.0374 JMD
25 August 2023	1 COP = 0.0373 JMD
28 August 2023	1 COP = 0.0372 JMD
29 August 2023	1 COP = 0.0372 JMD
30 August 2023	1 COP = 0.0372 JMD
31 August 2023	1 COP = 0.0374 JMD

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

30/04/1994: Foreign exchange liberalization

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

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Colombian Peso Jamaican Dollar