Moroccan dirham jamaican dollar exchange rate history (MAD JMD) August 2023

Moroccan dirham jamaican dollar history for August 2023. The highest quote for this month is 16.234 (09/08/2023) and the lowest 16.279 (09/08/2023). The difference between high and low is -0.28.

MAD JMD average rate for August 2023 is 15.67754, the change between 01/08/2023 and 31/08/2023 is -0.54 %.

01 August 2023	1 MAD = 15.54 JMD
02 August 2023	1 MAD = 15.51 JMD
03 August 2023	1 MAD = 16.04 JMD
04 August 2023	1 MAD = 15.59 JMD
07 August 2023	1 MAD = 16.23 JMD
08 August 2023	1 MAD = 16.05 JMD
09 August 2023	1 MAD = 16.29 JMD
10 August 2023	1 MAD = 16.23 JMD
11 August 2023	1 MAD = 16.13 JMD
12 August 2023	1 MAD = 15.56 JMD
14 August 2023	1 MAD = 16.17 JMD
15 August 2023	1 MAD = 15.51 JMD
16 August 2023	1 MAD = 15.48 JMD
17 August 2023	1 MAD = 15.50 JMD
18 August 2023	1 MAD = 15.46 JMD
19 August 2023	1 MAD = 15.35 JMD
20 August 2023	1 MAD = 15.35 JMD
21 August 2023	1 MAD = 16.01 JMD
22 August 2023	1 MAD = 15.33 JMD
23 August 2023	1 MAD = 15.32 JMD
24 August 2023	1 MAD = 15.33 JMD
25 August 2023	1 MAD = 15.17 JMD
28 August 2023	1 MAD = 15.78 JMD
29 August 2023	1 MAD = 15.54 JMD
30 August 2023	1 MAD = 15.56 JMD
31 August 2023	1 MAD = 15.63 JMD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official 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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

Historic Moroccan dirham Jamaican Dollar