Historic Jamaican Dollar Australian dollar

Jamaican Dollar australian dollar history for February 2024. The highest quote for this month is 0.010005 (13/02/2024) and the lowest 0.009963 (09/02/2024). The difference between high and low is 0.42.

JMD AUD average rate for February 2024 is 0.00989, the change between 01/02/2024 and 29/02/2024 is -0.65 %.

01 February 20241 JMD = 0.0099 AUD
02 February 20241 JMD = 0.0099 AUD
03 February 20241 JMD = 0.0099 AUD
04 February 20241 JMD = 0.0099 AUD
05 February 20241 JMD = 0.0099 AUD
06 February 20241 JMD = 0.0100 AUD
07 February 20241 JMD = 0.0099 AUD
08 February 20241 JMD = 0.0099 AUD
09 February 20241 JMD = 0.0100 AUD
12 February 20241 JMD = 0.0099 AUD
13 February 20241 JMD = 0.0099 AUD
14 February 20241 JMD = 0.0100 AUD
15 February 20241 JMD = 0.0099 AUD
16 February 20241 JMD = 0.0099 AUD
17 February 20241 JMD = 0.0098 AUD
18 February 20241 JMD = 0.0098 AUD
19 February 20241 JMD = 0.0099 AUD
20 February 20241 JMD = 0.0099 AUD
21 February 20241 JMD = 0.0098 AUD
22 February 20241 JMD = 0.0099 AUD
23 February 20241 JMD = 0.0098 AUD
24 February 20241 JMD = 0.0099 AUD
25 February 20241 JMD = 0.0098 AUD
26 February 20241 JMD = 0.0099 AUD
27 February 20241 JMD = 0.0099 AUD
28 February 20241 JMD = 0.0099 AUD
29 February 20241 JMD = 0.0100 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

28/11/2010: IMF agreement

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

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

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.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.
JMD AUD January 2024
JMD AUD February 2024
JMD AUD March 2024
JMD AUD April 2024
JMD AUD May 2024
JMD AUD June 2024
JMD AUD July 2024
JMD AUD August 2024
JMD AUD September 2024
JMD AUD October 2024
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JMD AUD December 2024
JMD AUD January 2025