Historic Guinean franc Jamaican Dollar

Guinean franc jamaican dollar history for January 2024. The highest quote for this month is 0.01826 (28/01/2024) and the lowest 0.018207 (14/01/2024). The difference between high and low is 0.29.

GNF JMD average rate for January 2024 is 0.01801, the change between 01/01/2024 and 31/01/2024 is -0.41 %.

01 January 20241 GNF = 0.0179 JMD
02 January 20241 GNF = 0.0179 JMD
03 January 20241 GNF = 0.0179 JMD
04 January 20241 GNF = 0.0179 JMD
05 January 20241 GNF = 0.0179 JMD
06 January 20241 GNF = 0.0181 JMD
07 January 20241 GNF = 0.0181 JMD
08 January 20241 GNF = 0.0180 JMD
09 January 20241 GNF = 0.0179 JMD
10 January 20241 GNF = 0.0179 JMD
11 January 20241 GNF = 0.0180 JMD
12 January 20241 GNF = 0.0180 JMD
14 January 20241 GNF = 0.0182 JMD
15 January 20241 GNF = 0.0181 JMD
16 January 20241 GNF = 0.0181 JMD
17 January 20241 GNF = 0.0181 JMD
18 January 20241 GNF = 0.0180 JMD
19 January 20241 GNF = 0.0180 JMD
22 January 20241 GNF = 0.0181 JMD
23 January 20241 GNF = 0.0179 JMD
24 January 20241 GNF = 0.0179 JMD
25 January 20241 GNF = 0.0180 JMD
26 January 20241 GNF = 0.0181 JMD
28 January 20241 GNF = 0.0181 JMD
29 January 20241 GNF = 0.0181 JMD
30 January 20241 GNF = 0.0181 JMD
31 January 20241 GNF = 0.0180 JMD

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

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.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

28/11/2010: IMF agreement

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

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

07/02/1969: Jamaican Dollar introduced

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

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.