Jamaican Dollar moroccan dirham exchange rate history (JMD MAD) December 2023

Jamaican Dollar moroccan dirham history for December 2023. The highest quote for this month is 0.066233 (14/12/2023) and the lowest 0.065575 (10/12/2023). The difference between high and low is 0.99.

JMD MAD average rate for December 2023 is 0.06467, the change between 01/12/2023 and 31/12/2023 is -1.41 %.

01 December 2023	1 JMD = 0.0634 MAD
02 December 2023	1 JMD = 0.0653 MAD
03 December 2023	1 JMD = 0.0653 MAD
04 December 2023	1 JMD = 0.0638 MAD
05 December 2023	1 JMD = 0.0656 MAD
06 December 2023	1 JMD = 0.0658 MAD
07 December 2023	1 JMD = 0.0656 MAD
08 December 2023	1 JMD = 0.0656 MAD
10 December 2023	1 JMD = 0.0658 MAD
11 December 2023	1 JMD = 0.0637 MAD
12 December 2023	1 JMD = 0.0640 MAD
13 December 2023	1 JMD = 0.0640 MAD
14 December 2023	1 JMD = 0.0662 MAD
15 December 2023	1 JMD = 0.0655 MAD
16 December 2023	1 JMD = 0.0655 MAD
17 December 2023	1 JMD = 0.0655 MAD
18 December 2023	1 JMD = 0.0635 MAD
19 December 2023	1 JMD = 0.0638 MAD
20 December 2023	1 JMD = 0.0659 MAD
21 December 2023	1 JMD = 0.0654 MAD
22 December 2023	1 JMD = 0.0647 MAD
23 December 2023	1 JMD = 0.0645 MAD
24 December 2023	1 JMD = 0.0645 MAD
25 December 2023	1 JMD = 0.0625 MAD
26 December 2023	1 JMD = 0.0625 MAD
27 December 2023	1 JMD = 0.0645 MAD
28 December 2023	1 JMD = 0.0639 MAD
29 December 2023	1 JMD = 0.0643 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

Historic Jamaican Dollar Moroccan dirham