01/01/2019: Redenomination of the Surinamese dollar
The Surinamese dollar underwent a redenomination with 1 new dollar (SRD) being equal to 1,000 old dollars (SRG).
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.
01/01/2011: Introduction of new banknotes
New banknotes with updated designs and security features were introduced to replace the older series of Surinamese dollar banknotes.
28/11/2010: IMF agreement
Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.
01/01/2004: Replacement of banknotes
New banknotes were introduced with enhanced security features to replace the older series of Surinamese dollar banknotes.
30/04/1994: Foreign exchange liberalization
Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.
23/12/1991: Devaluation of the Surinamese dollar
The Surinamese dollar was devalued by 100%, resulting in an exchange rate of 1 dollar to 200 guilders.
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.
01/10/1985: Introduction of the Surinamese dollar
The Surinamese dollar was introduced as the new currency of Suriname at a rate of 1 dollar to 1,000 guilders.
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.
01/01/1962: Introduction of the Surinamese guilder
The Surinamese guilder was introduced as the official currency of Suriname, replacing the Dutch guilder.
31/12/1954: Independence of Suriname
Suriname gained independence from the Kingdom of the Netherlands, leading to the introduction of the Surinamese guilder as its official currency.