Historic Swiss franc Jamaican Dollar

Swiss franc jamaican dollar history for October 2023. The highest quote for this month is 172.47 (22/10/2023) and the lowest 173.01 (22/10/2023). The difference between high and low is -0.31.

CHF JMD average rate for October 2023 is 169.6688, the change between 01/10/2023 and 31/10/2023 is -0.47 %.

01 October 20231 CHF = 168.5 JMD
02 October 20231 CHF = 167.8 JMD
03 October 20231 CHF = 166.9 JMD
04 October 20231 CHF = 166.3 JMD
05 October 20231 CHF = 167.0 JMD
06 October 20231 CHF = 168.1 JMD
09 October 20231 CHF = 168.3 JMD
10 October 20231 CHF = 169.1 JMD
11 October 20231 CHF = 169.3 JMD
12 October 20231 CHF = 170.1 JMD
13 October 20231 CHF = 169.2 JMD
16 October 20231 CHF = 170.2 JMD
17 October 20231 CHF = 170.9 JMD
18 October 20231 CHF = 170.7 JMD
19 October 20231 CHF = 171.5 JMD
20 October 20231 CHF = 172.6 JMD
22 October 20231 CHF = 172.5 JMD
23 October 20231 CHF = 171.3 JMD
24 October 20231 CHF = 171.7 JMD
25 October 20231 CHF = 171.5 JMD
26 October 20231 CHF = 170.7 JMD
27 October 20231 CHF = 170.6 JMD
29 October 20231 CHF = 168.7 JMD
30 October 20231 CHF = 169.2 JMD
31 October 20231 CHF = 169.3 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.