Historic Jamaican Dollar Pakistani rupee

Jamaican Dollar pakistani rupee history for February 2024. The highest quote for this month is 1.8086 (01/02/2024) and the lowest 1.8135 (24/02/2024). The difference between high and low is -0.27.

JMD PKR average rate for February 2024 is 1.79918, the change between 01/02/2024 and 29/02/2024 is +1.11 %.

01 February 20241 JMD = 1.817 PKR
02 February 20241 JMD = 1.814 PKR
03 February 20241 JMD = 1.804 PKR
04 February 20241 JMD = 1.802 PKR
05 February 20241 JMD = 1.784 PKR
06 February 20241 JMD = 1.785 PKR
07 February 20241 JMD = 1.807 PKR
08 February 20241 JMD = 1.807 PKR
09 February 20241 JMD = 1.813 PKR
12 February 20241 JMD = 1.778 PKR
13 February 20241 JMD = 1.802 PKR
14 February 20241 JMD = 1.803 PKR
15 February 20241 JMD = 1.799 PKR
16 February 20241 JMD = 1.798 PKR
17 February 20241 JMD = 1.792 PKR
18 February 20241 JMD = 1.792 PKR
19 February 20241 JMD = 1.794 PKR
20 February 20241 JMD = 1.776 PKR
21 February 20241 JMD = 1.803 PKR
22 February 20241 JMD = 1.801 PKR
23 February 20241 JMD = 1.801 PKR
24 February 20241 JMD = 1.814 PKR
25 February 20241 JMD = 1.796 PKR
26 February 20241 JMD = 1.796 PKR
27 February 20241 JMD = 1.794 PKR
28 February 20241 JMD = 1.810 PKR
29 February 20241 JMD = 1.797 PKR

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

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.

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

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.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

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.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

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.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.