Maldivian rufiyaa jamaican dollar exchange rate history (MVR JMD) October 2023

Maldivian rufiyaa jamaican dollar history for October 2023. The highest quote for this month is 10.149 (13/10/2023) and the lowest 10.108 (18/10/2023). The difference between high and low is 0.4.

MVR JMD average rate for October 2023 is 10.03725, the change between 01/10/2023 and 31/10/2023 is -0.22 %.

01 October 2023	1 MVR = 9.99 JMD
02 October 2023	1 MVR = 10.07 JMD
03 October 2023	1 MVR = 10.08 JMD
04 October 2023	1 MVR = 10.04 JMD
05 October 2023	1 MVR = 10.03 JMD
06 October 2023	1 MVR = 10.05 JMD
07 October 2023	1 MVR = 9.99 JMD
09 October 2023	1 MVR = 10.03 JMD
10 October 2023	1 MVR = 10.03 JMD
11 October 2023	1 MVR = 10.04 JMD
12 October 2023	1 MVR = 10.05 JMD
13 October 2023	1 MVR = 10.07 JMD
16 October 2023	1 MVR = 10.10 JMD
17 October 2023	1 MVR = 10.12 JMD
18 October 2023	1 MVR = 10.10 JMD
19 October 2023	1 MVR = 10.10 JMD
20 October 2023	1 MVR = 10.09 JMD
21 October 2023	1 MVR = 9.99 JMD
22 October 2023	1 MVR = 9.99 JMD
23 October 2023	1 MVR = 10.04 JMD
24 October 2023	1 MVR = 10.03 JMD
25 October 2023	1 MVR = 10.04 JMD
26 October 2023	1 MVR = 10.04 JMD
27 October 2023	1 MVR = 10.06 JMD
28 October 2023	1 MVR = 10.00 JMD
29 October 2023	1 MVR = 9.86 JMD
30 October 2023	1 MVR = 10.01 JMD
31 October 2023	1 MVR = 10.01 JMD

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

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.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the 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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

Historic Maldivian rufiyaa Jamaican Dollar