Historic Danish Krone Jamaican Dollar

Danish Krone jamaican dollar history for January 2024. The highest quote for this month is 22.724 (14/01/2024) and the lowest 22.722 (14/01/2024). The difference between high and low is 0.01.

DKK JMD average rate for January 2024 is 22.47414, the change between 01/01/2024 and 31/01/2024 is +1.47 %.

01 January 20241 DKK = 22.68 JMD
02 January 20241 DKK = 22.70 JMD
03 January 20241 DKK = 22.41 JMD
04 January 20241 DKK = 22.34 JMD
05 January 20241 DKK = 22.42 JMD
06 January 20241 DKK = 22.55 JMD
07 January 20241 DKK = 22.55 JMD
08 January 20241 DKK = 22.37 JMD
09 January 20241 DKK = 22.42 JMD
10 January 20241 DKK = 22.39 JMD
11 January 20241 DKK = 22.54 JMD
12 January 20241 DKK = 22.58 JMD
14 January 20241 DKK = 22.72 JMD
15 January 20241 DKK = 22.53 JMD
16 January 20241 DKK = 22.55 JMD
17 January 20241 DKK = 22.46 JMD
18 January 20241 DKK = 22.39 JMD
19 January 20241 DKK = 22.40 JMD
22 January 20241 DKK = 22.45 JMD
23 January 20241 DKK = 22.38 JMD
24 January 20241 DKK = 22.39 JMD
25 January 20241 DKK = 22.48 JMD
26 January 20241 DKK = 22.43 JMD
27 January 20241 DKK = 22.60 JMD
28 January 20241 DKK = 22.41 JMD
29 January 20241 DKK = 22.44 JMD
30 January 20241 DKK = 22.35 JMD
31 January 20241 DKK = 22.35 JMD

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.