Historic Brazilian Real Jamaican Dollar

Brazilian Real jamaican dollar history for February 2024. The highest quote for this month is 31.392 (21/02/2024) and the lowest 31.594 (03/02/2024). The difference between high and low is -0.64.

BRL JMD average rate for February 2024 is 31.19833, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 BRL = 31.02 JMD
02 February 20241 BRL = 31.31 JMD
03 February 20241 BRL = 31.20 JMD
04 February 20241 BRL = 31.19 JMD
05 February 20241 BRL = 31.58 JMD
06 February 20241 BRL = 31.22 JMD
07 February 20241 BRL = 31.15 JMD
08 February 20241 BRL = 31.08 JMD
09 February 20241 BRL = 30.83 JMD
12 February 20241 BRL = 31.23 JMD
13 February 20241 BRL = 31.26 JMD
14 February 20241 BRL = 31.23 JMD
15 February 20241 BRL = 31.22 JMD
16 February 20241 BRL = 31.23 JMD
17 February 20241 BRL = 31.38 JMD
18 February 20241 BRL = 31.37 JMD
19 February 20241 BRL = 31.19 JMD
20 February 20241 BRL = 31.27 JMD
21 February 20241 BRL = 31.46 JMD
22 February 20241 BRL = 31.39 JMD
23 February 20241 BRL = 31.24 JMD
24 February 20241 BRL = 30.83 JMD
25 February 20241 BRL = 31.13 JMD
26 February 20241 BRL = 30.96 JMD
27 February 20241 BRL = 31.09 JMD
28 February 20241 BRL = 31.26 JMD
29 February 20241 BRL = 31.05 JMD

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

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.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

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.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.
BRL JMD January 2024
BRL JMD February 2024
BRL JMD March 2024
BRL JMD April 2024
BRL JMD May 2024
BRL JMD June 2024
BRL JMD July 2024
BRL JMD August 2024
BRL JMD September 2024
BRL JMD October 2024
BRL JMD November 2024
BRL JMD December 2024
BRL JMD January 2025