Historic Jamaican Dollar Hungarian forint

Jamaican Dollar hungarian forint history for February 2024. The highest quote for this month is 2.3555 (29/02/2024) and the lowest 2.3413 (29/02/2024). The difference between high and low is 0.6.

JMD HUF average rate for February 2024 is 2.31858, the change between 01/02/2024 and 29/02/2024 is -1.83 %.

01 February 20241 JMD = 2.311 HUF
02 February 20241 JMD = 2.287 HUF
03 February 20241 JMD = 2.294 HUF
04 February 20241 JMD = 2.294 HUF
05 February 20241 JMD = 2.283 HUF
06 February 20241 JMD = 2.328 HUF
07 February 20241 JMD = 2.324 HUF
08 February 20241 JMD = 2.333 HUF
09 February 20241 JMD = 2.342 HUF
12 February 20241 JMD = 2.316 HUF
13 February 20241 JMD = 2.319 HUF
14 February 20241 JMD = 2.337 HUF
15 February 20241 JMD = 2.334 HUF
16 February 20241 JMD = 2.325 HUF
17 February 20241 JMD = 2.315 HUF
18 February 20241 JMD = 2.314 HUF
19 February 20241 JMD = 2.325 HUF
20 February 20241 JMD = 2.326 HUF
21 February 20241 JMD = 2.312 HUF
22 February 20241 JMD = 2.309 HUF
23 February 20241 JMD = 2.306 HUF
24 February 20241 JMD = 2.332 HUF
25 February 20241 JMD = 2.309 HUF
26 February 20241 JMD = 2.323 HUF
27 February 20241 JMD = 2.317 HUF
28 February 20241 JMD = 2.338 HUF
29 February 20241 JMD = 2.353 HUF

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.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

28/11/2010: IMF agreement

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

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and 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.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.
JMD HUF July 2023
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