United States dollar jamaican dollar history for March 2024. The highest quote for this month is 154.91 (03/03/2024) and the lowest 154.89 (03/03/2024). The difference between high and low is 0.01.
USD JMD average rate for March 2024 is 153.973, the change between 01/03/2024 and 31/03/2024 is +0.28 %.
01 March 2024 | 1 USD = 154.4 JMD |
03 March 2024 | 1 USD = 154.9 JMD |
04 March 2024 | 1 USD = 153.8 JMD |
05 March 2024 | 1 USD = 154.2 JMD |
06 March 2024 | 1 USD = 153.9 JMD |
07 March 2024 | 1 USD = 153.8 JMD |
08 March 2024 | 1 USD = 153.2 JMD |
10 March 2024 | 1 USD = 154.2 JMD |
11 March 2024 | 1 USD = 153.4 JMD |
12 March 2024 | 1 USD = 154.0 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.