Historic Georgian Lari Jamaican Dollar

Georgian Lari jamaican dollar history for January 2024. The highest quote for this month is 58.226 (27/01/2024) and the lowest 58.226 (27/01/2024). The difference between high and low is 0.

GEL JMD average rate for January 2024 is 57.5556, the change between 01/01/2024 and 31/01/2024 is -0.56 %.

01 January 20241 GEL = 57.16 JMD
02 January 20241 GEL = 57.22 JMD
03 January 20241 GEL = 56.98 JMD
04 January 20241 GEL = 56.93 JMD
05 January 20241 GEL = 57.05 JMD
06 January 20241 GEL = 57.42 JMD
08 January 20241 GEL = 56.96 JMD
09 January 20241 GEL = 57.02 JMD
10 January 20241 GEL = 57.04 JMD
11 January 20241 GEL = 57.20 JMD
12 January 20241 GEL = 57.38 JMD
15 January 20241 GEL = 57.62 JMD
16 January 20241 GEL = 58.04 JMD
17 January 20241 GEL = 58.16 JMD
18 January 20241 GEL = 57.89 JMD
19 January 20241 GEL = 57.98 JMD
22 January 20241 GEL = 58.06 JMD
23 January 20241 GEL = 57.93 JMD
24 January 20241 GEL = 57.94 JMD
25 January 20241 GEL = 57.91 JMD
26 January 20241 GEL = 57.79 JMD
27 January 20241 GEL = 58.23 JMD
29 January 20241 GEL = 57.88 JMD
30 January 20241 GEL = 57.65 JMD
31 January 20241 GEL = 57.48 JMD

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

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.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

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.