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

Moroccan dirham jamaican dollar history for December 2023. The highest quote for this month is 16.014 (25/12/2023) and the lowest 16.093 (27/12/2023). The difference between high and low is -0.49.

MAD JMD average rate for December 2023 is 15.46668, the change between 01/12/2023 and 31/12/2023 is +1.4 %.

01 December 2023	1 MAD = 15.76 JMD
02 December 2023	1 MAD = 15.31 JMD
03 December 2023	1 MAD = 15.31 JMD
04 December 2023	1 MAD = 15.67 JMD
05 December 2023	1 MAD = 15.24 JMD
06 December 2023	1 MAD = 15.20 JMD
07 December 2023	1 MAD = 15.24 JMD
08 December 2023	1 MAD = 15.25 JMD
10 December 2023	1 MAD = 15.20 JMD
11 December 2023	1 MAD = 15.69 JMD
12 December 2023	1 MAD = 15.62 JMD
13 December 2023	1 MAD = 15.63 JMD
14 December 2023	1 MAD = 15.12 JMD
15 December 2023	1 MAD = 15.26 JMD
16 December 2023	1 MAD = 15.27 JMD
17 December 2023	1 MAD = 15.27 JMD
18 December 2023	1 MAD = 15.74 JMD
19 December 2023	1 MAD = 15.68 JMD
20 December 2023	1 MAD = 15.18 JMD
21 December 2023	1 MAD = 15.28 JMD
22 December 2023	1 MAD = 15.45 JMD
23 December 2023	1 MAD = 15.50 JMD
24 December 2023	1 MAD = 15.50 JMD
25 December 2023	1 MAD = 16.01 JMD
26 December 2023	1 MAD = 16.00 JMD
27 December 2023	1 MAD = 15.50 JMD
28 December 2023	1 MAD = 15.66 JMD
29 December 2023	1 MAD = 15.54 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