Historic Jamaican Dollar Kazakhstani tenge

Jamaican Dollar kazakhstani tenge history for October 2023. The highest quote for this month is 3.1092 (23/10/2023) and the lowest 3.1175 (07/10/2023). The difference between high and low is -0.27.

JMD KZT average rate for October 2023 is 3.09345, the change between 01/10/2023 and 31/10/2023 is +0.96 %.

01 October 20231 JMD = 3.099 KZT
02 October 20231 JMD = 3.098 KZT
03 October 20231 JMD = 3.099 KZT
04 October 20231 JMD = 3.096 KZT
05 October 20231 JMD = 3.101 KZT
06 October 20231 JMD = 3.092 KZT
07 October 20231 JMD = 3.099 KZT
09 October 20231 JMD = 3.090 KZT
10 October 20231 JMD = 3.106 KZT
11 October 20231 JMD = 3.099 KZT
12 October 20231 JMD = 3.100 KZT
13 October 20231 JMD = 3.083 KZT
16 October 20231 JMD = 3.088 KZT
17 October 20231 JMD = 3.084 KZT
18 October 20231 JMD = 3.090 KZT
19 October 20231 JMD = 3.091 KZT
20 October 20231 JMD = 3.098 KZT
21 October 20231 JMD = 3.105 KZT
22 October 20231 JMD = 3.105 KZT
23 October 20231 JMD = 3.109 KZT
24 October 20231 JMD = 3.104 KZT
25 October 20231 JMD = 3.097 KZT
26 October 20231 JMD = 3.096 KZT
27 October 20231 JMD = 3.076 KZT
28 October 20231 JMD = 3.094 KZT
29 October 20231 JMD = 3.094 KZT
30 October 20231 JMD = 3.056 KZT
31 October 20231 JMD = 3.069 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.