Historic Hong Kong dollar Jamaican Dollar

Hong Kong dollar jamaican dollar history for August 2023. The highest quote for this month is 19.776 (03/08/2023) and the lowest 19.624 (12/08/2023). The difference between high and low is 0.77.

HKD JMD average rate for August 2023 is 19.55516, the change between 01/08/2023 and 31/08/2023 is +0.61 %.

01 August 20231 HKD = 19.63 JMD
02 August 20231 HKD = 19.62 JMD
03 August 20231 HKD = 19.75 JMD
04 August 20231 HKD = 19.60 JMD
07 August 20231 HKD = 19.46 JMD
08 August 20231 HKD = 19.58 JMD
09 August 20231 HKD = 19.56 JMD
10 August 20231 HKD = 19.54 JMD
11 August 20231 HKD = 19.55 JMD
12 August 20231 HKD = 19.64 JMD
14 August 20231 HKD = 19.64 JMD
15 August 20231 HKD = 19.55 JMD
16 August 20231 HKD = 19.53 JMD
17 August 20231 HKD = 19.59 JMD
18 August 20231 HKD = 19.59 JMD
20 August 20231 HKD = 19.56 JMD
21 August 20231 HKD = 19.45 JMD
22 August 20231 HKD = 19.50 JMD
23 August 20231 HKD = 19.53 JMD
24 August 20231 HKD = 19.53 JMD
25 August 20231 HKD = 19.43 JMD
28 August 20231 HKD = 19.55 JMD
29 August 20231 HKD = 19.52 JMD
30 August 20231 HKD = 19.48 JMD
31 August 20231 HKD = 19.51 JMD

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

30/04/1994: Foreign exchange liberalization

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

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

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.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.