Jamaican Dollar japanese yen exchange rate history (JMD JPY) November 2023

Jamaican Dollar japanese yen history for November 2023. The highest quote for this month is 0.9878 (01/11/2023) and the lowest 0.9908 (15/11/2023). The difference between high and low is -0.3.

JMD JPY average rate for November 2023 is 0.9754, the change between 01/11/2023 and 30/11/2023 is +3.56 %.

01 November 2023	1 JMD = 0.9903 JPY
02 November 2023	1 JMD = 0.9823 JPY
03 November 2023	1 JMD = 0.9833 JPY
06 November 2023	1 JMD = 0.9829 JPY
07 November 2023	1 JMD = 0.9814 JPY
08 November 2023	1 JMD = 0.9786 JPY
09 November 2023	1 JMD = 0.9738 JPY
10 November 2023	1 JMD = 0.9807 JPY
12 November 2023	1 JMD = 0.9797 JPY
13 November 2023	1 JMD = 0.9856 JPY
14 November 2023	1 JMD = 0.9838 JPY
15 November 2023	1 JMD = 0.9787 JPY
16 November 2023	1 JMD = 0.9807 JPY
17 November 2023	1 JMD = 0.9769 JPY
20 November 2023	1 JMD = 0.9773 JPY
21 November 2023	1 JMD = 0.9645 JPY
22 November 2023	1 JMD = 0.9629 JPY
23 November 2023	1 JMD = 0.9705 JPY
24 November 2023	1 JMD = 0.9715 JPY
26 November 2023	1 JMD = 0.9682 JPY
27 November 2023	1 JMD = 0.9768 JPY
28 November 2023	1 JMD = 0.9665 JPY
29 November 2023	1 JMD = 0.9578 JPY
30 November 2023	1 JMD = 0.9550 JPY

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

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.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

28/11/2010: IMF agreement

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

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

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.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

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.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

Historic Jamaican Dollar Japanese Yen