Historic Bangladeshi Taka Jamaican Dollar

Bangladeshi Taka jamaican dollar history for October 2023. The highest quote for this month is 1.4195 (19/10/2023) and the lowest 1.4187 (19/10/2023). The difference between high and low is 0.06.

BDT JMD average rate for October 2023 is 1.40962, the change between 01/10/2023 and 31/10/2023 is -0.48 %.

01 October 20231 BDT = 1.401 JMD
02 October 20231 BDT = 1.412 JMD
03 October 20231 BDT = 1.410 JMD
04 October 20231 BDT = 1.411 JMD
05 October 20231 BDT = 1.412 JMD
06 October 20231 BDT = 1.417 JMD
07 October 20231 BDT = 1.400 JMD
09 October 20231 BDT = 1.415 JMD
10 October 20231 BDT = 1.410 JMD
11 October 20231 BDT = 1.410 JMD
12 October 20231 BDT = 1.412 JMD
13 October 20231 BDT = 1.415 JMD
16 October 20231 BDT = 1.414 JMD
17 October 20231 BDT = 1.417 JMD
18 October 20231 BDT = 1.417 JMD
19 October 20231 BDT = 1.419 JMD
20 October 20231 BDT = 1.419 JMD
21 October 20231 BDT = 1.398 JMD
22 October 20231 BDT = 1.398 JMD
23 October 20231 BDT = 1.412 JMD
24 October 20231 BDT = 1.409 JMD
25 October 20231 BDT = 1.410 JMD
26 October 20231 BDT = 1.410 JMD
27 October 20231 BDT = 1.413 JMD
29 October 20231 BDT = 1.382 JMD
30 October 20231 BDT = 1.410 JMD
31 October 20231 BDT = 1.408 JMD

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

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.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

28/11/2010: IMF agreement

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

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.