Jamaican Dollar bermudian dollar exchange rate history (JMD BMD) October 2023

Jamaican Dollar bermudian dollar history for October 2023. The highest quote for this month is 0.006579 (28/10/2023) and the lowest 0.006586 (24/10/2023). The difference between high and low is -0.11.

JMD BMD average rate for October 2023 is 0.00652, the change between 01/10/2023 and 31/10/2023 is -0.89 %.

01 October 2023	1 JMD = 0.0065 BMD
02 October 2023	1 JMD = 0.0065 BMD
03 October 2023	1 JMD = 0.0065 BMD
04 October 2023	1 JMD = 0.0065 BMD
05 October 2023	1 JMD = 0.0065 BMD
06 October 2023	1 JMD = 0.0065 BMD
07 October 2023	1 JMD = 0.0065 BMD
09 October 2023	1 JMD = 0.0065 BMD
10 October 2023	1 JMD = 0.0065 BMD
11 October 2023	1 JMD = 0.0065 BMD
12 October 2023	1 JMD = 0.0065 BMD
13 October 2023	1 JMD = 0.0065 BMD
16 October 2023	1 JMD = 0.0065 BMD
17 October 2023	1 JMD = 0.0065 BMD
18 October 2023	1 JMD = 0.0065 BMD
19 October 2023	1 JMD = 0.0065 BMD
20 October 2023	1 JMD = 0.0065 BMD
21 October 2023	1 JMD = 0.0065 BMD
22 October 2023	1 JMD = 0.0065 BMD
23 October 2023	1 JMD = 0.0065 BMD
24 October 2023	1 JMD = 0.0065 BMD
25 October 2023	1 JMD = 0.0065 BMD
26 October 2023	1 JMD = 0.0065 BMD
27 October 2023	1 JMD = 0.0065 BMD
28 October 2023	1 JMD = 0.0066 BMD
29 October 2023	1 JMD = 0.0066 BMD
30 October 2023	1 JMD = 0.0066 BMD
31 October 2023	1 JMD = 0.0065 BMD

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

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.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

28/11/2010: IMF agreement

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

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

Historic Jamaican Dollar Bermudian dollar