Jamaican Dollar syrian pound history for July 2023. The highest quote for this month is 16.415 (05/07/2023) and the lowest 16.503 (05/07/2023). The difference between high and low is -0.54.
JMD SYP average rate for July 2023 is 16.427, the change between 01/07/2023 and 31/07/2023 is -0.07 %.
| 05 July 2023 | 1 JMD = 16.42 SYP |
| 25 July 2023 | 1 JMD = 16.43 SYP |
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.
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.
05/08/1971: 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.