Jamaican Dollar kazakhstani tenge exchange rate history (JMD KZT) November 2023

Jamaican Dollar kazakhstani tenge history for November 2023. The highest quote for this month is 3.0464 (01/11/2023) and the lowest 3.0464 (01/11/2023). The difference between high and low is 0.

JMD KZT average rate for November 2023 is 2.99659, the change between 01/11/2023 and 30/11/2023 is +2.83 %.

01 November 2023	1 JMD = 3.051 KZT
02 November 2023	1 JMD = 3.046 KZT
03 November 2023	1 JMD = 3.028 KZT
06 November 2023	1 JMD = 3.015 KZT
07 November 2023	1 JMD = 3.016 KZT
08 November 2023	1 JMD = 3.009 KZT
09 November 2023	1 JMD = 3.008 KZT
10 November 2023	1 JMD = 3.019 KZT
12 November 2023	1 JMD = 3.023 KZT
13 November 2023	1 JMD = 3.013 KZT
14 November 2023	1 JMD = 3.004 KZT
15 November 2023	1 JMD = 2.997 KZT
16 November 2023	1 JMD = 2.989 KZT
17 November 2023	1 JMD = 2.977 KZT
18 November 2023	1 JMD = 2.981 KZT
19 November 2023	1 JMD = 2.981 KZT
20 November 2023	1 JMD = 2.992 KZT
21 November 2023	1 JMD = 2.990 KZT
22 November 2023	1 JMD = 2.963 KZT
23 November 2023	1 JMD = 2.952 KZT
24 November 2023	1 JMD = 2.980 KZT
26 November 2023	1 JMD = 2.976 KZT
27 November 2023	1 JMD = 2.987 KZT
28 November 2023	1 JMD = 2.974 KZT
29 November 2023	1 JMD = 2.979 KZT
30 November 2023	1 JMD = 2.965 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.

Historic Jamaican Dollar Kazakhstani tenge