Historic Iraqi dinar Jamaican Dollar

Iraqi dinar jamaican dollar history for February 2024. The highest quote for this month is 0.1209 (19/02/2024) and the lowest 0.12115 (16/02/2024). The difference between high and low is -0.21.

IQD JMD average rate for February 2024 is 0.1189, the change between 01/02/2024 and 29/02/2024 is -2.61 %.

01 February 20241 IQD = 0.1175 JMD
02 February 20241 IQD = 0.1176 JMD
03 February 20241 IQD = 0.1185 JMD
04 February 20241 IQD = 0.1184 JMD
05 February 20241 IQD = 0.1204 JMD
06 February 20241 IQD = 0.1204 JMD
07 February 20241 IQD = 0.1182 JMD
08 February 20241 IQD = 0.1182 JMD
09 February 20241 IQD = 0.1177 JMD
12 February 20241 IQD = 0.1208 JMD
13 February 20241 IQD = 0.1184 JMD
14 February 20241 IQD = 0.1183 JMD
15 February 20241 IQD = 0.1186 JMD
16 February 20241 IQD = 0.1187 JMD
17 February 20241 IQD = 0.1191 JMD
18 February 20241 IQD = 0.1190 JMD
19 February 20241 IQD = 0.1208 JMD
20 February 20241 IQD = 0.1209 JMD
21 February 20241 IQD = 0.1185 JMD
22 February 20241 IQD = 0.1184 JMD
23 February 20241 IQD = 0.1185 JMD
24 February 20241 IQD = 0.1176 JMD
25 February 20241 IQD = 0.1188 JMD
26 February 20241 IQD = 0.1207 JMD
27 February 20241 IQD = 0.1184 JMD
28 February 20241 IQD = 0.1179 JMD
29 February 20241 IQD = 0.1205 JMD

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.