Historic Australian dollar Jamaican Dollar

Australian dollar jamaican dollar history for January 2024. The highest quote for this month is 104.51 (01/01/2024) and the lowest 104.48 (01/01/2024). The difference between high and low is 0.03.

AUD JMD average rate for January 2024 is 102.20321, the change between 01/01/2024 and 31/01/2024 is +3.02 %.

01 January 20241 AUD = 104.5 JMD
02 January 20241 AUD = 104.4 JMD
03 January 20241 AUD = 103.3 JMD
04 January 20241 AUD = 102.7 JMD
05 January 20241 AUD = 102.4 JMD
06 January 20241 AUD = 103.2 JMD
07 January 20241 AUD = 103.2 JMD
08 January 20241 AUD = 102.4 JMD
09 January 20241 AUD = 102.6 JMD
10 January 20241 AUD = 102.1 JMD
11 January 20241 AUD = 102.7 JMD
12 January 20241 AUD = 102.7 JMD
14 January 20241 AUD = 103.5 JMD
15 January 20241 AUD = 102.7 JMD
16 January 20241 AUD = 102.2 JMD
17 January 20241 AUD = 101.5 JMD
18 January 20241 AUD = 100.5 JMD
19 January 20241 AUD = 101.1 JMD
22 January 20241 AUD = 101.4 JMD
23 January 20241 AUD = 100.8 JMD
24 January 20241 AUD = 101.2 JMD
25 January 20241 AUD = 101.3 JMD
26 January 20241 AUD = 101.5 JMD
27 January 20241 AUD = 102.1 JMD
28 January 20241 AUD = 101.3 JMD
29 January 20241 AUD = 101.5 JMD
30 January 20241 AUD = 101.7 JMD
31 January 20241 AUD = 101.3 JMD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

28/11/2010: IMF agreement

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

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

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.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.
AUD JMD January 2024
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