Jamaican Dollar hong kong dollar exchange rate history (JMD HKD) October 2023

Jamaican Dollar hong kong dollar history for October 2023. The highest quote for this month is 0.051457 (28/10/2023) and the lowest 0.051508 (24/10/2023). The difference between high and low is -0.1.

JMD HKD average rate for October 2023 is 0.05105, the change between 01/10/2023 and 31/10/2023 is -0.77 %.

01 October 2023	1 JMD = 0.0508 HKD
02 October 2023	1 JMD = 0.0510 HKD
03 October 2023	1 JMD = 0.0511 HKD
04 October 2023	1 JMD = 0.0511 HKD
05 October 2023	1 JMD = 0.0512 HKD
06 October 2023	1 JMD = 0.0511 HKD
07 October 2023	1 JMD = 0.0509 HKD
09 October 2023	1 JMD = 0.0512 HKD
10 October 2023	1 JMD = 0.0512 HKD
11 October 2023	1 JMD = 0.0511 HKD
12 October 2023	1 JMD = 0.0510 HKD
13 October 2023	1 JMD = 0.0509 HKD
16 October 2023	1 JMD = 0.0509 HKD
17 October 2023	1 JMD = 0.0508 HKD
18 October 2023	1 JMD = 0.0509 HKD
19 October 2023	1 JMD = 0.0508 HKD
20 October 2023	1 JMD = 0.0508 HKD
21 October 2023	1 JMD = 0.0508 HKD
22 October 2023	1 JMD = 0.0508 HKD
23 October 2023	1 JMD = 0.0511 HKD
24 October 2023	1 JMD = 0.0512 HKD
25 October 2023	1 JMD = 0.0511 HKD
26 October 2023	1 JMD = 0.0511 HKD
27 October 2023	1 JMD = 0.0510 HKD
28 October 2023	1 JMD = 0.0515 HKD
29 October 2023	1 JMD = 0.0515 HKD
30 October 2023	1 JMD = 0.0512 HKD
31 October 2023	1 JMD = 0.0512 HKD

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

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.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.

Historic Jamaican Dollar Hong Kong dollar