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

Moroccan dirham jamaican dollar history for October 2023. The highest quote for this month is 15.513 (13/10/2023) and the lowest 15.535 (12/10/2023). The difference between high and low is -0.14.

MAD JMD average rate for October 2023 is 15.05157, the change between 01/10/2023 and 31/10/2023 is +0.85 %.

01 October 2023	1 MAD = 14.98 JMD
02 October 2023	1 MAD = 15.43 JMD
03 October 2023	1 MAD = 14.84 JMD
04 October 2023	1 MAD = 14.83 JMD
05 October 2023	1 MAD = 14.86 JMD
06 October 2023	1 MAD = 15.34 JMD
07 October 2023	1 MAD = 15.00 JMD
09 October 2023	1 MAD = 15.50 JMD
10 October 2023	1 MAD = 15.23 JMD
11 October 2023	1 MAD = 14.93 JMD
12 October 2023	1 MAD = 14.97 JMD
13 October 2023	1 MAD = 14.99 JMD
16 October 2023	1 MAD = 15.53 JMD
17 October 2023	1 MAD = 15.01 JMD
18 October 2023	1 MAD = 15.00 JMD
19 October 2023	1 MAD = 15.49 JMD
20 October 2023	1 MAD = 14.95 JMD
21 October 2023	1 MAD = 14.92 JMD
22 October 2023	1 MAD = 14.92 JMD
23 October 2023	1 MAD = 15.38 JMD
24 October 2023	1 MAD = 14.82 JMD
25 October 2023	1 MAD = 14.87 JMD
26 October 2023	1 MAD = 14.92 JMD
27 October 2023	1 MAD = 14.95 JMD
28 October 2023	1 MAD = 14.78 JMD
29 October 2023	1 MAD = 14.80 JMD
30 October 2023	1 MAD = 15.34 JMD
31 October 2023	1 MAD = 14.85 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