Jamaican Dollar icelandic krona exchange rate history (JMD ISK) September 2023

Jamaican Dollar icelandic krona history for September 2023. The highest quote for this month is 0.89794 (28/09/2023) and the lowest 0.89421 (27/09/2023). The difference between high and low is 0.42.

JMD ISK average rate for September 2023 is 0.88185, the change between 01/09/2023 and 30/09/2023 is -4.7 %.

01 September 2023	1 JMD = 0.8543 ISK
04 September 2023	1 JMD = 0.8631 ISK
05 September 2023	1 JMD = 0.8710 ISK
06 September 2023	1 JMD = 0.8730 ISK
07 September 2023	1 JMD = 0.8758 ISK
08 September 2023	1 JMD = 0.8764 ISK
11 September 2023	1 JMD = 0.8767 ISK
12 September 2023	1 JMD = 0.8750 ISK
13 September 2023	1 JMD = 0.8733 ISK
14 September 2023	1 JMD = 0.8778 ISK
15 September 2023	1 JMD = 0.8921 ISK
18 September 2023	1 JMD = 0.8890 ISK
19 September 2023	1 JMD = 0.8853 ISK
20 September 2023	1 JMD = 0.8871 ISK
21 September 2023	1 JMD = 0.8837 ISK
22 September 2023	1 JMD = 0.8876 ISK
25 September 2023	1 JMD = 0.8922 ISK
26 September 2023	1 JMD = 0.8954 ISK
27 September 2023	1 JMD = 0.8964 ISK
28 September 2023	1 JMD = 0.8992 ISK
29 September 2023	1 JMD = 0.8944 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.

Historic Jamaican Dollar Icelandic Krona