Historic Jamaican Dollar Colombian Peso

Jamaican Dollar colombian peso history for January 2024. The highest quote for this month is 25.873 (17/01/2024) and the lowest 25.777 (10/01/2024). The difference between high and low is 0.37.

JMD COP average rate for January 2024 is 25.45848, the change between 01/01/2024 and 31/01/2024 is -1.85 %.

01 January 20241 JMD = 25.05 COP
02 January 20241 JMD = 25.33 COP
03 January 20241 JMD = 25.46 COP
04 January 20241 JMD = 25.55 COP
05 January 20241 JMD = 25.72 COP
06 January 20241 JMD = 25.29 COP
07 January 20241 JMD = 25.29 COP
08 January 20241 JMD = 25.41 COP
09 January 20241 JMD = 25.43 COP
10 January 20241 JMD = 25.79 COP
11 January 20241 JMD = 25.69 COP
12 January 20241 JMD = 25.54 COP
14 January 20241 JMD = 25.31 COP
15 January 20241 JMD = 25.20 COP
16 January 20241 JMD = 25.44 COP
17 January 20241 JMD = 25.65 COP
18 January 20241 JMD = 25.80 COP
19 January 20241 JMD = 25.53 COP
22 January 20241 JMD = 25.17 COP
23 January 20241 JMD = 25.42 COP
24 January 20241 JMD = 25.74 COP
25 January 20241 JMD = 25.42 COP
26 January 20241 JMD = 25.55 COP
28 January 20241 JMD = 25.34 COP
29 January 20241 JMD = 25.24 COP
30 January 20241 JMD = 25.54 COP
31 January 20241 JMD = 25.51 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.