Historic Jamaican Dollar Colombian Peso

Jamaican Dollar colombian peso history for December 2023. The highest quote for this month is 26.184 (05/12/2023) and the lowest 26.168 (05/12/2023). The difference between high and low is 0.06.

JMD COP average rate for December 2023 is 25.66964, the change between 01/12/2023 and 31/12/2023 is +3.22 %.

01 December 20231 JMD = 26.09 COP
02 December 20231 JMD = 25.67 COP
03 December 20231 JMD = 25.67 COP
04 December 20231 JMD = 25.97 COP
05 December 20231 JMD = 26.17 COP
06 December 20231 JMD = 26.14 COP
07 December 20231 JMD = 26.01 COP
08 December 20231 JMD = 25.93 COP
10 December 20231 JMD = 25.79 COP
11 December 20231 JMD = 25.60 COP
12 December 20231 JMD = 25.75 COP
13 December 20231 JMD = 25.92 COP
14 December 20231 JMD = 25.76 COP
15 December 20231 JMD = 25.77 COP
16 December 20231 JMD = 25.51 COP
17 December 20231 JMD = 25.51 COP
18 December 20231 JMD = 25.49 COP
19 December 20231 JMD = 25.59 COP
20 December 20231 JMD = 25.70 COP
21 December 20231 JMD = 25.68 COP
22 December 20231 JMD = 25.64 COP
23 December 20231 JMD = 25.43 COP
24 December 20231 JMD = 25.43 COP
25 December 20231 JMD = 25.43 COP
26 December 20231 JMD = 25.73 COP
27 December 20231 JMD = 25.11 COP
28 December 20231 JMD = 24.99 COP
29 December 20231 JMD = 25.25 COP

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.