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

Colombian Peso jamaican dollar history for December 2023. The highest quote for this month is 0.039902 (28/12/2023) and the lowest 0.040031 (27/12/2023). The difference between high and low is -0.32.

COP JMD average rate for December 2023 is 0.03896, the change between 01/12/2023 and 31/12/2023 is -3.32 %.

01 December 2023	1 COP = 0.0383 JMD
02 December 2023	1 COP = 0.0390 JMD
03 December 2023	1 COP = 0.0390 JMD
04 December 2023	1 COP = 0.0385 JMD
05 December 2023	1 COP = 0.0382 JMD
06 December 2023	1 COP = 0.0383 JMD
07 December 2023	1 COP = 0.0385 JMD
08 December 2023	1 COP = 0.0386 JMD
10 December 2023	1 COP = 0.0388 JMD
11 December 2023	1 COP = 0.0391 JMD
12 December 2023	1 COP = 0.0388 JMD
13 December 2023	1 COP = 0.0386 JMD
14 December 2023	1 COP = 0.0388 JMD
15 December 2023	1 COP = 0.0388 JMD
16 December 2023	1 COP = 0.0392 JMD
17 December 2023	1 COP = 0.0392 JMD
18 December 2023	1 COP = 0.0392 JMD
19 December 2023	1 COP = 0.0391 JMD
20 December 2023	1 COP = 0.0389 JMD
21 December 2023	1 COP = 0.0389 JMD
22 December 2023	1 COP = 0.0390 JMD
23 December 2023	1 COP = 0.0393 JMD
24 December 2023	1 COP = 0.0393 JMD
25 December 2023	1 COP = 0.0393 JMD
26 December 2023	1 COP = 0.0389 JMD
27 December 2023	1 COP = 0.0398 JMD
28 December 2023	1 COP = 0.0400 JMD
29 December 2023	1 COP = 0.0396 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