Historic Jamaican Dollar Brazilian Real

Jamaican Dollar brazilian real history for February 2024. The highest quote for this month is 0.0324 (08/02/2024) and the lowest 0.032431 (24/02/2024). The difference between high and low is -0.1.

JMD BRL average rate for February 2024 is 0.03205, the change between 01/02/2024 and 29/02/2024 is +0.07 %.

01 February 20241 JMD = 0.0322 BRL
02 February 20241 JMD = 0.0319 BRL
03 February 20241 JMD = 0.0321 BRL
04 February 20241 JMD = 0.0321 BRL
05 February 20241 JMD = 0.0317 BRL
06 February 20241 JMD = 0.0320 BRL
07 February 20241 JMD = 0.0321 BRL
08 February 20241 JMD = 0.0322 BRL
09 February 20241 JMD = 0.0324 BRL
12 February 20241 JMD = 0.0320 BRL
13 February 20241 JMD = 0.0320 BRL
14 February 20241 JMD = 0.0320 BRL
15 February 20241 JMD = 0.0320 BRL
16 February 20241 JMD = 0.0320 BRL
17 February 20241 JMD = 0.0319 BRL
18 February 20241 JMD = 0.0319 BRL
19 February 20241 JMD = 0.0321 BRL
20 February 20241 JMD = 0.0320 BRL
21 February 20241 JMD = 0.0318 BRL
22 February 20241 JMD = 0.0319 BRL
23 February 20241 JMD = 0.0320 BRL
24 February 20241 JMD = 0.0324 BRL
25 February 20241 JMD = 0.0321 BRL
26 February 20241 JMD = 0.0323 BRL
27 February 20241 JMD = 0.0322 BRL
28 February 20241 JMD = 0.0320 BRL
29 February 20241 JMD = 0.0322 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.
JMD BRL July 2023
JMD BRL August 2023
JMD BRL September 2023
JMD BRL October 2023
JMD BRL November 2023
JMD BRL December 2023
JMD BRL January 2024
JMD BRL February 2024
JMD BRL March 2024
JMD BRL April 2024
JMD BRL May 2024
JMD BRL June 2024
JMD BRL July 2024