Historic Jamaican Dollar Colombian Peso

Jamaican Dollar colombian peso history for February 2024. The highest quote for this month is 25.678 (08/02/2024) and the lowest 25.746 (24/02/2024). The difference between high and low is -0.26.

JMD COP average rate for February 2024 is 25.33985, the change between 01/02/2024 and 29/02/2024 is +0.18 %.

01 February 20241 JMD = 25.49 COP
02 February 20241 JMD = 25.25 COP
03 February 20241 JMD = 25.40 COP
04 February 20241 JMD = 25.40 COP
05 February 20241 JMD = 24.89 COP
06 February 20241 JMD = 25.64 COP
07 February 20241 JMD = 25.56 COP
08 February 20241 JMD = 25.60 COP
09 February 20241 JMD = 25.63 COP
12 February 20241 JMD = 25.17 COP
13 February 20241 JMD = 25.27 COP
14 February 20241 JMD = 25.37 COP
15 February 20241 JMD = 25.23 COP
16 February 20241 JMD = 25.17 COP
17 February 20241 JMD = 25.07 COP
18 February 20241 JMD = 25.07 COP
19 February 20241 JMD = 24.95 COP
20 February 20241 JMD = 25.27 COP
21 February 20241 JMD = 25.27 COP
22 February 20241 JMD = 25.33 COP
23 February 20241 JMD = 25.33 COP
24 February 20241 JMD = 25.75 COP
25 February 20241 JMD = 25.50 COP
26 February 20241 JMD = 25.09 COP
27 February 20241 JMD = 25.58 COP
28 February 20241 JMD = 25.49 COP
29 February 20241 JMD = 25.44 COP

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

30/04/1994: Foreign exchange liberalization

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

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.