Historic Jamaican Dollar Kuwaiti Dinar

Jamaican Dollar kuwaiti dinar history for January 2024. The highest quote for this month is 0.002014 (08/01/2024) and the lowest 0.002013 (03/01/2024). The difference between high and low is 0.05.

JMD KWD average rate for January 2024 is 0.002, the change between 01/01/2024 and 31/01/2024 is +0.2 %.

01 January 20241 JMD = 0.0020 KWD
02 January 20241 JMD = 0.0020 KWD
03 January 20241 JMD = 0.0020 KWD
04 January 20241 JMD = 0.0020 KWD
05 January 20241 JMD = 0.0020 KWD
06 January 20241 JMD = 0.0020 KWD
07 January 20241 JMD = 0.0020 KWD
08 January 20241 JMD = 0.0020 KWD
09 January 20241 JMD = 0.0020 KWD
10 January 20241 JMD = 0.0020 KWD
11 January 20241 JMD = 0.0020 KWD
12 January 20241 JMD = 0.0020 KWD
14 January 20241 JMD = 0.0020 KWD
15 January 20241 JMD = 0.0020 KWD
16 January 20241 JMD = 0.0020 KWD
17 January 20241 JMD = 0.0020 KWD
18 January 20241 JMD = 0.0020 KWD
19 January 20241 JMD = 0.0020 KWD
22 January 20241 JMD = 0.0020 KWD
23 January 20241 JMD = 0.0020 KWD
24 January 20241 JMD = 0.0020 KWD
25 January 20241 JMD = 0.0020 KWD
26 January 20241 JMD = 0.0020 KWD
28 January 20241 JMD = 0.0020 KWD
29 January 20241 JMD = 0.0020 KWD
30 January 20241 JMD = 0.0020 KWD
31 January 20241 JMD = 0.0020 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
JMD KWD January 2024
JMD KWD February 2024
JMD KWD March 2024
JMD KWD April 2024
JMD KWD May 2024
JMD KWD June 2024
JMD KWD July 2024
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JMD KWD November 2024
JMD KWD December 2024
JMD KWD January 2025