Historic Jamaican Dollar Barbadian dollar

Jamaican Dollar barbadian dollar history for January 2024. The highest quote for this month is 0.013013 (07/01/2024) and the lowest 0.013074 (06/01/2024). The difference between high and low is -0.47.

JMD BBD average rate for January 2024 is 0.01288, the change between 01/01/2024 and 31/01/2024 is +0.56 %.

01 January 20241 JMD = 0.0129 BBD
02 January 20241 JMD = 0.0129 BBD
03 January 20241 JMD = 0.0129 BBD
04 January 20241 JMD = 0.0129 BBD
05 January 20241 JMD = 0.0129 BBD
06 January 20241 JMD = 0.0130 BBD
07 January 20241 JMD = 0.0130 BBD
08 January 20241 JMD = 0.0129 BBD
09 January 20241 JMD = 0.0129 BBD
10 January 20241 JMD = 0.0129 BBD
11 January 20241 JMD = 0.0129 BBD
12 January 20241 JMD = 0.0129 BBD
14 January 20241 JMD = 0.0129 BBD
15 January 20241 JMD = 0.0128 BBD
16 January 20241 JMD = 0.0128 BBD
17 January 20241 JMD = 0.0128 BBD
18 January 20241 JMD = 0.0129 BBD
19 January 20241 JMD = 0.0129 BBD
22 January 20241 JMD = 0.0128 BBD
23 January 20241 JMD = 0.0129 BBD
24 January 20241 JMD = 0.0128 BBD
25 January 20241 JMD = 0.0128 BBD
26 January 20241 JMD = 0.0128 BBD
27 January 20241 JMD = 0.0129 BBD
28 January 20241 JMD = 0.0130 BBD
29 January 20241 JMD = 0.0128 BBD
30 January 20241 JMD = 0.0128 BBD
31 January 20241 JMD = 0.0128 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.