Jamaican Dollar cayman islands dollar exchange rate history (JMD KYD) August 2023

Jamaican Dollar cayman islands dollar history for August 2023. The highest quote for this month is 0.005349 (24/08/2023) and the lowest 0.005351 (20/08/2023). The difference between high and low is -0.04.

JMD KYD average rate for August 2023 is 0.00533, the change between 01/08/2023 and 31/08/2023 is +0.02 %.

01 August 2023	1 JMD = 0.0053 KYD
02 August 2023	1 JMD = 0.0053 KYD
03 August 2023	1 JMD = 0.0053 KYD
04 August 2023	1 JMD = 0.0053 KYD
07 August 2023	1 JMD = 0.0053 KYD
08 August 2023	1 JMD = 0.0053 KYD
09 August 2023	1 JMD = 0.0053 KYD
10 August 2023	1 JMD = 0.0053 KYD
11 August 2023	1 JMD = 0.0053 KYD
12 August 2023	1 JMD = 0.0053 KYD
14 August 2023	1 JMD = 0.0053 KYD
15 August 2023	1 JMD = 0.0053 KYD
16 August 2023	1 JMD = 0.0053 KYD
17 August 2023	1 JMD = 0.0053 KYD
18 August 2023	1 JMD = 0.0053 KYD
20 August 2023	1 JMD = 0.0054 KYD
21 August 2023	1 JMD = 0.0053 KYD
22 August 2023	1 JMD = 0.0053 KYD
23 August 2023	1 JMD = 0.0053 KYD
24 August 2023	1 JMD = 0.0053 KYD
25 August 2023	1 JMD = 0.0053 KYD
28 August 2023	1 JMD = 0.0053 KYD
29 August 2023	1 JMD = 0.0053 KYD
30 August 2023	1 JMD = 0.0053 KYD
31 August 2023	1 JMD = 0.0053 KYD

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican 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.

Historic Jamaican Dollar Cayman Islands dollar