Historic Danish Krone Jamaican Dollar

Danish Krone jamaican dollar history for September 2023. The highest quote for this month is 22.216 (01/09/2023) and the lowest 22.283 (01/09/2023). The difference between high and low is -0.3.

DKK JMD average rate for September 2023 is 21.905, the change between 01/09/2023 and 30/09/2023 is +2.65 %.

01 September 20231 DKK = 22.27 JMD
04 September 20231 DKK = 22.17 JMD
05 September 20231 DKK = 22.12 JMD
06 September 20231 DKK = 21.97 JMD
07 September 20231 DKK = 21.98 JMD
08 September 20231 DKK = 21.94 JMD
11 September 20231 DKK = 21.93 JMD
12 September 20231 DKK = 21.97 JMD
13 September 20231 DKK = 22.01 JMD
14 September 20231 DKK = 21.99 JMD
15 September 20231 DKK = 21.79 JMD
18 September 20231 DKK = 21.85 JMD
19 September 20231 DKK = 21.94 JMD
20 September 20231 DKK = 21.90 JMD
21 September 20231 DKK = 21.88 JMD
22 September 20231 DKK = 21.91 JMD
23 September 20231 DKK = 21.91 JMD
25 September 20231 DKK = 21.80 JMD
26 September 20231 DKK = 21.68 JMD
27 September 20231 DKK = 21.66 JMD
28 September 20231 DKK = 21.57 JMD
29 September 20231 DKK = 21.68 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.