Jamaican Dollar rwandan franc exchange rate history (JMD RWF) October 2023

Jamaican Dollar rwandan franc history for October 2023. The highest quote for this month is 8.0353 (31/10/2023) and the lowest 8.0061 (29/10/2023). The difference between high and low is 0.36.

JMD RWF average rate for October 2023 is 7.88642, the change between 01/10/2023 and 31/10/2023 is -2.08 %.

01 October 2023	1 JMD = 7.81 RWF
02 October 2023	1 JMD = 7.87 RWF
03 October 2023	1 JMD = 7.86 RWF
04 October 2023	1 JMD = 7.87 RWF
05 October 2023	1 JMD = 7.89 RWF
06 October 2023	1 JMD = 7.80 RWF
07 October 2023	1 JMD = 7.85 RWF
09 October 2023	1 JMD = 7.83 RWF
10 October 2023	1 JMD = 7.98 RWF
11 October 2023	1 JMD = 7.90 RWF
12 October 2023	1 JMD = 7.86 RWF
13 October 2023	1 JMD = 7.88 RWF
16 October 2023	1 JMD = 7.85 RWF
17 October 2023	1 JMD = 7.87 RWF
18 October 2023	1 JMD = 7.88 RWF
19 October 2023	1 JMD = 7.83 RWF
20 October 2023	1 JMD = 7.87 RWF
21 October 2023	1 JMD = 7.88 RWF
22 October 2023	1 JMD = 7.88 RWF
23 October 2023	1 JMD = 7.87 RWF
24 October 2023	1 JMD = 7.93 RWF
25 October 2023	1 JMD = 7.93 RWF
26 October 2023	1 JMD = 7.93 RWF
27 October 2023	1 JMD = 7.92 RWF
29 October 2023	1 JMD = 8.01 RWF
30 October 2023	1 JMD = 7.91 RWF
31 October 2023	1 JMD = 7.97 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

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.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

Historic Jamaican Dollar Rwandan franc