Historic Jamaican Dollar Guyanese dollar

Jamaican Dollar guyanese dollar history for January 2024. The highest quote for this month is 1.3532 (07/01/2024) and the lowest 1.3595 (06/01/2024). The difference between high and low is -0.47.

JMD GYD average rate for January 2024 is 1.31195, the change between 01/01/2024 and 31/01/2024 is +0.61 %.

01 January 20241 JMD = 1.311 GYD
02 January 20241 JMD = 1.311 GYD
03 January 20241 JMD = 1.311 GYD
04 January 20241 JMD = 1.312 GYD
05 January 20241 JMD = 1.310 GYD
06 January 20241 JMD = 1.353 GYD
07 January 20241 JMD = 1.353 GYD
08 January 20241 JMD = 1.309 GYD
09 January 20241 JMD = 1.310 GYD
10 January 20241 JMD = 1.309 GYD
11 January 20241 JMD = 1.307 GYD
12 January 20241 JMD = 1.305 GYD
14 January 20241 JMD = 1.347 GYD
15 January 20241 JMD = 1.303 GYD
16 January 20241 JMD = 1.302 GYD
17 January 20241 JMD = 1.301 GYD
18 January 20241 JMD = 1.305 GYD
19 January 20241 JMD = 1.304 GYD
22 January 20241 JMD = 1.301 GYD
23 January 20241 JMD = 1.304 GYD
24 January 20241 JMD = 1.302 GYD
25 January 20241 JMD = 1.300 GYD
26 January 20241 JMD = 1.300 GYD
28 January 20241 JMD = 1.353 GYD
29 January 20241 JMD = 1.298 GYD
30 January 20241 JMD = 1.301 GYD
31 January 20241 JMD = 1.303 GYD

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

30/04/1994: Foreign exchange liberalization

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

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

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.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.