Historic Guyanese dollar Jamaican Dollar

Guyanese dollar jamaican dollar history for February 2024. The highest quote for this month is 0.77638 (15/02/2024) and the lowest 0.77632 (16/02/2024). The difference between high and low is 0.01.

GYD JMD average rate for February 2024 is 0.76701, the change between 01/02/2024 and 29/02/2024 is -0.42 %.

01 February 20241 GYD = 0.7695 JMD
02 February 20241 GYD = 0.7692 JMD
03 February 20241 GYD = 0.7456 JMD
04 February 20241 GYD = 0.7455 JMD
05 February 20241 GYD = 0.7717 JMD
06 February 20241 GYD = 0.7722 JMD
07 February 20241 GYD = 0.7726 JMD
08 February 20241 GYD = 0.7716 JMD
09 February 20241 GYD = 0.7694 JMD
12 February 20241 GYD = 0.7738 JMD
13 February 20241 GYD = 0.7744 JMD
14 February 20241 GYD = 0.7736 JMD
15 February 20241 GYD = 0.7754 JMD
16 February 20241 GYD = 0.7764 JMD
17 February 20241 GYD = 0.7482 JMD
18 February 20241 GYD = 0.7481 JMD
19 February 20241 GYD = 0.7744 JMD
20 February 20241 GYD = 0.7747 JMD
21 February 20241 GYD = 0.7751 JMD
22 February 20241 GYD = 0.7741 JMD
23 February 20241 GYD = 0.7742 JMD
24 February 20241 GYD = 0.7404 JMD
25 February 20241 GYD = 0.7475 JMD
26 February 20241 GYD = 0.7738 JMD
27 February 20241 GYD = 0.7742 JMD
28 February 20241 GYD = 0.7711 JMD
29 February 20241 GYD = 0.7728 JMD

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

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.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.