Historic Jamaican Dollar Bhutanese ngultrum

Jamaican Dollar bhutanese ngultrum history for December 2023. The highest quote for this month is 0.5452 (28/12/2023) and the lowest 0.54744 (14/12/2023). The difference between high and low is -0.41.

JMD BTN average rate for December 2023 is 0.54185, the change between 01/12/2023 and 31/12/2023 is +0.02 %.

01 December 20231 JMD = 0.5418 BTN
04 December 20231 JMD = 0.5446 BTN
05 December 20231 JMD = 0.5430 BTN
06 December 20231 JMD = 0.5436 BTN
07 December 20231 JMD = 0.5420 BTN
08 December 20231 JMD = 0.5409 BTN
11 December 20231 JMD = 0.5409 BTN
12 December 20231 JMD = 0.5416 BTN
13 December 20231 JMD = 0.5424 BTN
14 December 20231 JMD = 0.5417 BTN
15 December 20231 JMD = 0.5418 BTN
18 December 20231 JMD = 0.5364 BTN
19 December 20231 JMD = 0.5407 BTN
20 December 20231 JMD = 0.5427 BTN
21 December 20231 JMD = 0.5424 BTN
22 December 20231 JMD = 0.5416 BTN
25 December 20231 JMD = 0.5418 BTN
26 December 20231 JMD = 0.5419 BTN
27 December 20231 JMD = 0.5417 BTN
28 December 20231 JMD = 0.5437 BTN
29 December 20231 JMD = 0.5416 BTN

24/10/2018: 50 Ngultrum commemorative banknote issued

A special commemorative banknote of 50 Ngultrum was issued to celebrate the 50th Birth Anniversary of His Majesty Jigme Khesar Namgyel Wangchuck.

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.

28/10/2013: 1000 Ngultrum banknote issued

A new denomination of 1000 Ngultrum banknote was introduced, reflecting the growing economy and need for larger denomination currency.

12/02/2013: Currency devaluation

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

09/06/2011: Second series of Ngultrum banknotes issued

The second series of Bhutanese Ngultrum banknotes were issued, featuring improved security features and updated designs representing Bhutan's unique culture.

28/11/2010: IMF agreement

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

21/11/2006: Introduction of polymer banknotes

Polymer banknotes were introduced in Bhutan, replacing the older paper banknotes, to enhance durability and security of the currency.

30/04/1994: Foreign exchange liberalization

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

04/03/1992: First series of Ngultrum banknotes issued

The first series of Bhutanese Ngultrum banknotes were issued in denominations of 1, 5, 10, 20, 50, and 100 Ngultrum, showcasing Bhutanese culture and landmarks.

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.

31/12/1975: Establishment of the Royal Monetary Authority of Bhutan

The Royal Monetary Authority of Bhutan was established as the central bank of Bhutan, responsible for managing the Ngultrum currency.

31/05/1974: Introduction of the Bhutanese Ngultrum

The Bhutanese Ngultrum was introduced as the official currency of Bhutan to replace the Indian Rupee.

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.