Jamaican Dollar brazilian real exchange rate history (JMD BRL) December 2023

Jamaican Dollar brazilian real history for December 2023. The highest quote for this month is 0.032298 (13/12/2023) and the lowest 0.03214 (13/12/2023). The difference between high and low is 0.49.

JMD BRL average rate for December 2023 is 0.03183, the change between 01/12/2023 and 31/12/2023 is +1.34 %.

01 December 2023	1 JMD = 0.0320 BRL
02 December 2023	1 JMD = 0.0316 BRL
03 December 2023	1 JMD = 0.0316 BRL
04 December 2023	1 JMD = 0.0320 BRL
05 December 2023	1 JMD = 0.0322 BRL
06 December 2023	1 JMD = 0.0321 BRL
07 December 2023	1 JMD = 0.0319 BRL
08 December 2023	1 JMD = 0.0318 BRL
10 December 2023	1 JMD = 0.0319 BRL
11 December 2023	1 JMD = 0.0317 BRL
12 December 2023	1 JMD = 0.0320 BRL
13 December 2023	1 JMD = 0.0323 BRL
14 December 2023	1 JMD = 0.0319 BRL
15 December 2023	1 JMD = 0.0319 BRL
16 December 2023	1 JMD = 0.0320 BRL
17 December 2023	1 JMD = 0.0320 BRL
18 December 2023	1 JMD = 0.0318 BRL
19 December 2023	1 JMD = 0.0319 BRL
20 December 2023	1 JMD = 0.0317 BRL
21 December 2023	1 JMD = 0.0320 BRL
22 December 2023	1 JMD = 0.0317 BRL
23 December 2023	1 JMD = 0.0316 BRL
24 December 2023	1 JMD = 0.0316 BRL
25 December 2023	1 JMD = 0.0317 BRL
26 December 2023	1 JMD = 0.0317 BRL
27 December 2023	1 JMD = 0.0313 BRL
28 December 2023	1 JMD = 0.0315 BRL
29 December 2023	1 JMD = 0.0316 BRL

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

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.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

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.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.

05/08/1971: 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.

Historic Jamaican Dollar Brazilian Real