Historic Jamaican Dollar Bolivian boliviano

Jamaican Dollar bolivian boliviano history for March 2024. The highest quote for this month is 0.044491 (12/03/2024) and the lowest 0.044498 (12/03/2024). The difference between high and low is -0.02.

JMD BOB average rate for March 2024 is 0.0439, the change between 01/03/2024 and 31/03/2024 is -2.09 %.

01 March 20241 JMD = 0.0436 BOB
03 March 20241 JMD = 0.0442 BOB
04 March 20241 JMD = 0.0436 BOB
05 March 20241 JMD = 0.0436 BOB
06 March 20241 JMD = 0.0437 BOB
07 March 20241 JMD = 0.0437 BOB
08 March 20241 JMD = 0.0437 BOB
10 March 20241 JMD = 0.0445 BOB
11 March 20241 JMD = 0.0438 BOB
12 March 20241 JMD = 0.0445 BOB

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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

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.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.