Historic Pakistani rupee Jamaican Dollar

Pakistani rupee jamaican dollar history for September 2023. The highest quote for this month is 0.53544 (30/09/2023) and the lowest 0.53718 (26/09/2023). The difference between high and low is -0.32.

PKR JMD average rate for September 2023 is 0.51572, the change between 01/09/2023 and 30/09/2023 is -6.79 %.

01 September 20231 PKR = 0.5017 JMD
04 September 20231 PKR = 0.5008 JMD
05 September 20231 PKR = 0.5007 JMD
06 September 20231 PKR = 0.4981 JMD
07 September 20231 PKR = 0.4979 JMD
08 September 20231 PKR = 0.5023 JMD
11 September 20231 PKR = 0.5011 JMD
12 September 20231 PKR = 0.5072 JMD
13 September 20231 PKR = 0.5103 JMD
14 September 20231 PKR = 0.5107 JMD
15 September 20231 PKR = 0.5137 JMD
18 September 20231 PKR = 0.5179 JMD
19 September 20231 PKR = 0.5172 JMD
20 September 20231 PKR = 0.5188 JMD
21 September 20231 PKR = 0.5215 JMD
22 September 20231 PKR = 0.5238 JMD
23 September 20231 PKR = 0.5239 JMD
24 September 20231 PKR = 0.5239 JMD
25 September 20231 PKR = 0.5341 JMD
26 September 20231 PKR = 0.5263 JMD
27 September 20231 PKR = 0.5265 JMD
28 September 20231 PKR = 0.5310 JMD
29 September 20231 PKR = 0.5323 JMD
30 September 20231 PKR = 0.5357 JMD

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

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.

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

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.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

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.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

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.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.