Historic Egyptian Pound Jamaican Dollar

Egyptian Pound jamaican dollar history for February 2024. The highest quote for this month is 5.0514 (17/02/2024) and the lowest 5.0509 (17/02/2024). The difference between high and low is 0.01.

EGP JMD average rate for February 2024 is 5.01384, the change between 01/02/2024 and 29/02/2024 is -0.27 %.

01 February 20241 EGP = 4.976 JMD
02 February 20241 EGP = 4.985 JMD
03 February 20241 EGP = 5.03 JMD
04 February 20241 EGP = 5.03 JMD
05 February 20241 EGP = 5.02 JMD
06 February 20241 EGP = 5.01 JMD
07 February 20241 EGP = 5.01 JMD
08 February 20241 EGP = 5.00 JMD
09 February 20241 EGP = 4.986 JMD
12 February 20241 EGP = 5.04 JMD
13 February 20241 EGP = 5.01 JMD
14 February 20241 EGP = 5.01 JMD
15 February 20241 EGP = 5.02 JMD
16 February 20241 EGP = 5.03 JMD
17 February 20241 EGP = 5.05 JMD
18 February 20241 EGP = 5.05 JMD
19 February 20241 EGP = 5.04 JMD
20 February 20241 EGP = 5.02 JMD
21 February 20241 EGP = 5.01 JMD
22 February 20241 EGP = 5.02 JMD
23 February 20241 EGP = 5.02 JMD
24 February 20241 EGP = 4.991 JMD
25 February 20241 EGP = 5.02 JMD
26 February 20241 EGP = 5.01 JMD
27 February 20241 EGP = 5.01 JMD
28 February 20241 EGP = 4.994 JMD
29 February 20241 EGP = 4.989 JMD

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.