Historic Swiss franc Jamaican Dollar

Swiss franc jamaican dollar history for February 2024. The highest quote for this month is 179.08 (04/02/2024) and the lowest 179.42 (01/02/2024). The difference between high and low is -0.19.

CHF JMD average rate for February 2024 is 176.56583, the change between 01/02/2024 and 29/02/2024 is +1.49 %.

01 February 20241 CHF = 178.2 JMD
02 February 20241 CHF = 179.4 JMD
04 February 20241 CHF = 179.1 JMD
05 February 20241 CHF = 179.7 JMD
06 February 20241 CHF = 177.5 JMD
07 February 20241 CHF = 177.7 JMD
08 February 20241 CHF = 176.7 JMD
09 February 20241 CHF = 176.2 JMD
12 February 20241 CHF = 177.0 JMD
13 February 20241 CHF = 176.8 JMD
14 February 20241 CHF = 174.3 JMD
15 February 20241 CHF = 175.2 JMD
16 February 20241 CHF = 176.5 JMD
19 February 20241 CHF = 175.8 JMD
20 February 20241 CHF = 175.6 JMD
21 February 20241 CHF = 175.8 JMD
22 February 20241 CHF = 176.2 JMD
23 February 20241 CHF = 176.2 JMD
24 February 20241 CHF = 174.9 JMD
25 February 20241 CHF = 176.7 JMD
26 February 20241 CHF = 175.4 JMD
27 February 20241 CHF = 175.9 JMD
28 February 20241 CHF = 175.5 JMD
29 February 20241 CHF = 175.5 JMD

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.