Historic Colombian Peso Jamaican Dollar

Colombian Peso jamaican dollar history for January 2024. The highest quote for this month is 0.039768 (28/01/2024) and the lowest 0.039927 (01/01/2024). The difference between high and low is -0.4.

COP JMD average rate for January 2024 is 0.03928, the change between 01/01/2024 and 31/01/2024 is +1.82 %.

01 January 20241 COP = 0.0399 JMD
02 January 20241 COP = 0.0395 JMD
03 January 20241 COP = 0.0393 JMD
04 January 20241 COP = 0.0391 JMD
05 January 20241 COP = 0.0389 JMD
06 January 20241 COP = 0.0395 JMD
07 January 20241 COP = 0.0395 JMD
08 January 20241 COP = 0.0393 JMD
09 January 20241 COP = 0.0393 JMD
10 January 20241 COP = 0.0388 JMD
11 January 20241 COP = 0.0389 JMD
12 January 20241 COP = 0.0392 JMD
14 January 20241 COP = 0.0395 JMD
15 January 20241 COP = 0.0397 JMD
16 January 20241 COP = 0.0393 JMD
17 January 20241 COP = 0.0390 JMD
18 January 20241 COP = 0.0388 JMD
19 January 20241 COP = 0.0392 JMD
22 January 20241 COP = 0.0397 JMD
23 January 20241 COP = 0.0393 JMD
24 January 20241 COP = 0.0389 JMD
25 January 20241 COP = 0.0393 JMD
26 January 20241 COP = 0.0391 JMD
28 January 20241 COP = 0.0395 JMD
29 January 20241 COP = 0.0396 JMD
30 January 20241 COP = 0.0392 JMD
31 January 20241 COP = 0.0392 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.
COP JMD December 2023
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