Historic Jamaican Dollar Kazakhstani tenge

Jamaican Dollar kazakhstani tenge history for February 2024. The highest quote for this month is 2.9318 (06/02/2024) and the lowest 2.9325 (05/02/2024). The difference between high and low is -0.02.

JMD KZT average rate for February 2024 is 2.89707, the change between 01/02/2024 and 29/02/2024 is +0.32 %.

01 February 20241 JMD = 2.906 KZT
02 February 20241 JMD = 2.907 KZT
03 February 20241 JMD = 2.913 KZT
04 February 20241 JMD = 2.914 KZT
05 February 20241 JMD = 2.911 KZT
06 February 20241 JMD = 2.933 KZT
07 February 20241 JMD = 2.917 KZT
08 February 20241 JMD = 2.919 KZT
09 February 20241 JMD = 2.909 KZT
12 February 20241 JMD = 2.867 KZT
13 February 20241 JMD = 2.879 KZT
14 February 20241 JMD = 2.882 KZT
15 February 20241 JMD = 2.873 KZT
16 February 20241 JMD = 2.872 KZT
17 February 20241 JMD = 2.884 KZT
18 February 20241 JMD = 2.884 KZT
19 February 20241 JMD = 2.888 KZT
20 February 20241 JMD = 2.893 KZT
21 February 20241 JMD = 2.907 KZT
22 February 20241 JMD = 2.893 KZT
23 February 20241 JMD = 2.897 KZT
24 February 20241 JMD = 2.917 KZT
25 February 20241 JMD = 2.889 KZT
26 February 20241 JMD = 2.897 KZT
27 February 20241 JMD = 2.876 KZT
28 February 20241 JMD = 2.901 KZT
29 February 20241 JMD = 2.897 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

30/04/1994: Foreign exchange liberalization

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

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.