Historic Jamaican Dollar Iraqi dinar

Jamaican Dollar iraqi dinar history for February 2024. The highest quote for this month is 8.4754 (01/02/2024) and the lowest 8.5011 (24/02/2024). The difference between high and low is -0.3.

JMD IQD average rate for February 2024 is 8.41089, the change between 01/02/2024 and 29/02/2024 is +2.55 %.

01 February 20241 JMD = 8.51 IQD
02 February 20241 JMD = 8.50 IQD
03 February 20241 JMD = 8.44 IQD
04 February 20241 JMD = 8.44 IQD
05 February 20241 JMD = 8.31 IQD
06 February 20241 JMD = 8.31 IQD
07 February 20241 JMD = 8.46 IQD
08 February 20241 JMD = 8.46 IQD
09 February 20241 JMD = 8.50 IQD
12 February 20241 JMD = 8.28 IQD
13 February 20241 JMD = 8.45 IQD
14 February 20241 JMD = 8.46 IQD
15 February 20241 JMD = 8.43 IQD
16 February 20241 JMD = 8.42 IQD
17 February 20241 JMD = 8.40 IQD
18 February 20241 JMD = 8.40 IQD
19 February 20241 JMD = 8.28 IQD
20 February 20241 JMD = 8.27 IQD
21 February 20241 JMD = 8.44 IQD
22 February 20241 JMD = 8.44 IQD
23 February 20241 JMD = 8.44 IQD
24 February 20241 JMD = 8.50 IQD
25 February 20241 JMD = 8.42 IQD
26 February 20241 JMD = 8.29 IQD
27 February 20241 JMD = 8.45 IQD
28 February 20241 JMD = 8.48 IQD
29 February 20241 JMD = 8.30 IQD

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
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