Pound sterling jamaican dollar exchange rate history (GBP JMD) October 2023

Pound sterling jamaican dollar history for October 2023. The highest quote for this month is 188.04 (11/10/2023) and the lowest 188.57 (12/10/2023). The difference between high and low is -0.28.

GBP JMD average rate for October 2023 is 186.622, the change between 01/10/2023 and 31/10/2023 is +1.12 %.

01 October 2023	1 GBP = 187.9 JMD
02 October 2023	1 GBP = 187.3 JMD
03 October 2023	1 GBP = 185.2 JMD
04 October 2023	1 GBP = 185.0 JMD
05 October 2023	1 GBP = 185.8 JMD
06 October 2023	1 GBP = 186.9 JMD
09 October 2023	1 GBP = 186.9 JMD
10 October 2023	1 GBP = 187.4 JMD
11 October 2023	1 GBP = 188.2 JMD
12 October 2023	1 GBP = 188.8 JMD
13 October 2023	1 GBP = 187.2 JMD
16 October 2023	1 GBP = 186.6 JMD
17 October 2023	1 GBP = 187.9 JMD
18 October 2023	1 GBP = 187.1 JMD
19 October 2023	1 GBP = 187.1 JMD
20 October 2023	1 GBP = 186.9 JMD
22 October 2023	1 GBP = 187.3 JMD
23 October 2023	1 GBP = 186.2 JMD
24 October 2023	1 GBP = 187.4 JMD
25 October 2023	1 GBP = 186.2 JMD
26 October 2023	1 GBP = 185.3 JMD
27 October 2023	1 GBP = 186.2 JMD
29 October 2023	1 GBP = 184.4 JMD
30 October 2023	1 GBP = 184.9 JMD
31 October 2023	1 GBP = 185.8 JMD

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

07/02/1969: Jamaican Dollar introduced

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Pound sterling Jamaican Dollar