Historic United States dollar Jamaican Dollar

United States dollar jamaican dollar history for August 2023. The highest quote for this month is 154.03 (17/08/2023) and the lowest 153.4 (12/08/2023). The difference between high and low is 0.41.

USD JMD average rate for August 2023 is 153.005, the change between 01/08/2023 and 31/08/2023 is -0.19 %.

01 August 20231 USD = 153.1 JMD
04 August 20231 USD = 153.0 JMD
07 August 20231 USD = 152.0 JMD
08 August 20231 USD = 152.9 JMD
10 August 20231 USD = 152.8 JMD
12 August 20231 USD = 153.5 JMD
14 August 20231 USD = 153.5 JMD
15 August 20231 USD = 152.9 JMD
17 August 20231 USD = 153.4 JMD
20 August 20231 USD = 153.2 JMD
21 August 20231 USD = 152.4 JMD
28 August 20231 USD = 153.4 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.

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.

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.

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.