Historic Jamaican Dollar Iraqi dinar

Jamaican Dollar iraqi dinar history for January 2024. The highest quote for this month is 8.5672 (02/01/2024) and the lowest 8.5436 (06/01/2024). The difference between high and low is 0.28.

JMD IQD average rate for January 2024 is 8.4631, the change between 01/01/2024 and 31/01/2024 is -1.53 %.

01 January 20241 JMD = 8.39 IQD
02 January 20241 JMD = 8.39 IQD
03 January 20241 JMD = 8.57 IQD
04 January 20241 JMD = 8.58 IQD
05 January 20241 JMD = 8.57 IQD
06 January 20241 JMD = 8.52 IQD
07 January 20241 JMD = 8.52 IQD
08 January 20241 JMD = 8.39 IQD
09 January 20241 JMD = 8.57 IQD
10 January 20241 JMD = 8.39 IQD
11 January 20241 JMD = 8.54 IQD
12 January 20241 JMD = 8.37 IQD
14 January 20241 JMD = 8.46 IQD
15 January 20241 JMD = 8.34 IQD
16 January 20241 JMD = 8.34 IQD
17 January 20241 JMD = 8.34 IQD
18 January 20241 JMD = 8.53 IQD
19 January 20241 JMD = 8.52 IQD
22 January 20241 JMD = 8.34 IQD
23 January 20241 JMD = 8.52 IQD
24 January 20241 JMD = 8.51 IQD
25 January 20241 JMD = 8.49 IQD
26 January 20241 JMD = 8.49 IQD
28 January 20241 JMD = 8.50 IQD
29 January 20241 JMD = 8.32 IQD
30 January 20241 JMD = 8.51 IQD
31 January 20241 JMD = 8.51 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.
JMD IQD November 2023
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