Historic Malaysian ringgit Jamaican Dollar

Malaysian ringgit jamaican dollar history for January 2024. The highest quote for this month is 33.399 (01/01/2024) and the lowest 33.381 (01/01/2024). The difference between high and low is 0.05.

MYR JMD average rate for January 2024 is 32.86196, the change between 01/01/2024 and 31/01/2024 is +2.52 %.

01 January 20241 MYR = 33.35 JMD
02 January 20241 MYR = 33.38 JMD
03 January 20241 MYR = 33.18 JMD
04 January 20241 MYR = 33.15 JMD
05 January 20241 MYR = 32.96 JMD
06 January 20241 MYR = 33.03 JMD
07 January 20241 MYR = 33.08 JMD
08 January 20241 MYR = 32.77 JMD
09 January 20241 MYR = 32.84 JMD
10 January 20241 MYR = 32.91 JMD
11 January 20241 MYR = 33.00 JMD
12 January 20241 MYR = 33.02 JMD
14 January 20241 MYR = 33.30 JMD
15 January 20241 MYR = 33.05 JMD
16 January 20241 MYR = 32.93 JMD
17 January 20241 MYR = 33.15 JMD
18 January 20241 MYR = 32.53 JMD
19 January 20241 MYR = 32.56 JMD
22 January 20241 MYR = 32.63 JMD
23 January 20241 MYR = 32.48 JMD
24 January 20241 MYR = 32.54 JMD
25 January 20241 MYR = 32.58 JMD
26 January 20241 MYR = 32.59 JMD
28 January 20241 MYR = 32.59 JMD
29 January 20241 MYR = 32.65 JMD
30 January 20241 MYR = 32.50 JMD
31 January 20241 MYR = 32.51 JMD

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

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.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.
MYR JMD August 2023
MYR JMD September 2023
MYR JMD October 2023
MYR JMD November 2023
MYR JMD December 2023
MYR JMD January 2024
MYR JMD February 2024
MYR JMD March 2024
MYR JMD April 2024
MYR JMD May 2024
MYR JMD June 2024
MYR JMD July 2024
MYR JMD August 2024