Historic Jamaican Dollar Icelandic Krona

Jamaican Dollar icelandic krona history for January 2024. The highest quote for this month is 0.9031 (05/01/2024) and the lowest 0.89926 (08/01/2024). The difference between high and low is 0.43.

JMD ISK average rate for January 2024 is 0.89086, the change between 01/01/2024 and 31/01/2024 is -0.26 %.

01 January 20241 JMD = 0.8860 ISK
02 January 20241 JMD = 0.8852 ISK
03 January 20241 JMD = 0.9000 ISK
04 January 20241 JMD = 0.9024 ISK
05 January 20241 JMD = 0.8983 ISK
08 January 20241 JMD = 0.9019 ISK
09 January 20241 JMD = 0.8995 ISK
10 January 20241 JMD = 0.8982 ISK
11 January 20241 JMD = 0.8897 ISK
12 January 20241 JMD = 0.8895 ISK
15 January 20241 JMD = 0.8887 ISK
16 January 20241 JMD = 0.8852 ISK
17 January 20241 JMD = 0.8895 ISK
18 January 20241 JMD = 0.8935 ISK
19 January 20241 JMD = 0.8933 ISK
22 January 20241 JMD = 0.8870 ISK
23 January 20241 JMD = 0.8878 ISK
24 January 20241 JMD = 0.8866 ISK
25 January 20241 JMD = 0.8807 ISK
26 January 20241 JMD = 0.8840 ISK
29 January 20241 JMD = 0.8852 ISK
30 January 20241 JMD = 0.8895 ISK
31 January 20241 JMD = 0.8883 ISK

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

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.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

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.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.
JMD ISK July 2023
JMD ISK August 2023
JMD ISK September 2023
JMD ISK October 2023
JMD ISK November 2023
JMD ISK December 2023
JMD ISK January 2024
JMD ISK February 2024
JMD ISK March 2024
JMD ISK April 2024
JMD ISK May 2024
JMD ISK June 2024
JMD ISK July 2024