Jamaican Dollar costa rican colón exchange rate history (JMD CRC) February 2024

Jamaican Dollar costa rican colón history for February 2024. The highest quote for this month is 3.3132 (03/02/2024) and the lowest 3.3291 (24/02/2024). The difference between high and low is -0.48.

JMD CRC average rate for February 2024 is 3.26209, the change between 01/02/2024 and 29/02/2024 is +0.14 %.

01 February 2024	1 JMD = 3.249 CRC
02 February 2024	1 JMD = 3.248 CRC
03 February 2024	1 JMD = 3.306 CRC
04 February 2024	1 JMD = 3.306 CRC
05 February 2024	1 JMD = 3.261 CRC
06 February 2024	1 JMD = 3.264 CRC
07 February 2024	1 JMD = 3.262 CRC
08 February 2024	1 JMD = 3.263 CRC
09 February 2024	1 JMD = 3.276 CRC
12 February 2024	1 JMD = 3.254 CRC
13 February 2024	1 JMD = 3.254 CRC
14 February 2024	1 JMD = 3.257 CRC
15 February 2024	1 JMD = 3.251 CRC
16 February 2024	1 JMD = 3.249 CRC
17 February 2024	1 JMD = 3.295 CRC
18 February 2024	1 JMD = 3.295 CRC
19 February 2024	1 JMD = 3.251 CRC
20 February 2024	1 JMD = 3.234 CRC
21 February 2024	1 JMD = 3.234 CRC
22 February 2024	1 JMD = 3.231 CRC
23 February 2024	1 JMD = 3.238 CRC
24 February 2024	1 JMD = 3.329 CRC
25 February 2024	1 JMD = 3.297 CRC
26 February 2024	1 JMD = 3.242 CRC
27 February 2024	1 JMD = 3.236 CRC
28 February 2024	1 JMD = 3.252 CRC
29 February 2024	1 JMD = 3.244 CRC

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

30/04/1994: Foreign exchange liberalization

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

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.

Historic Jamaican Dollar Costa Rican colón