Historic Moroccan dirham Jamaican Dollar

Moroccan dirham jamaican dollar history for January 2024. The highest quote for this month is 15.945 (24/01/2024) and the lowest 15.991 (25/01/2024). The difference between high and low is -0.29.

MAD JMD average rate for January 2024 is 15.58607, the change between 01/01/2024 and 31/01/2024 is +3.64 %.

01 January 20241 MAD = 15.94 JMD
02 January 20241 MAD = 15.94 JMD
03 January 20241 MAD = 15.38 JMD
04 January 20241 MAD = 15.36 JMD
05 January 20241 MAD = 15.43 JMD
06 January 20241 MAD = 15.45 JMD
07 January 20241 MAD = 15.50 JMD
08 January 20241 MAD = 15.87 JMD
09 January 20241 MAD = 15.38 JMD
10 January 20241 MAD = 15.84 JMD
11 January 20241 MAD = 15.40 JMD
12 January 20241 MAD = 15.42 JMD
14 January 20241 MAD = 15.55 JMD
15 January 20241 MAD = 15.93 JMD
16 January 20241 MAD = 15.95 JMD
17 January 20241 MAD = 15.91 JMD
18 January 20241 MAD = 15.36 JMD
19 January 20241 MAD = 15.37 JMD
22 January 20241 MAD = 15.97 JMD
23 January 20241 MAD = 15.44 JMD
24 January 20241 MAD = 15.40 JMD
25 January 20241 MAD = 15.47 JMD
26 January 20241 MAD = 15.44 JMD
27 January 20241 MAD = 15.59 JMD
28 January 20241 MAD = 15.44 JMD
29 January 20241 MAD = 15.98 JMD
30 January 20241 MAD = 15.35 JMD
31 January 20241 MAD = 15.36 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.
MAD JMD July 2023
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