Historic Jamaican Dollar Malaysian ringgit

Jamaican Dollar malaysian ringgit history for January 2024. The highest quote for this month is 0.03082 (23/01/2024) and the lowest 0.030762 (18/01/2024). The difference between high and low is 0.19.

JMD MYR average rate for January 2024 is 0.03043, the change between 01/01/2024 and 31/01/2024 is -2.58 %.

01 January 20241 JMD = 0.0300 MYR
02 January 20241 JMD = 0.0300 MYR
03 January 20241 JMD = 0.0301 MYR
04 January 20241 JMD = 0.0302 MYR
05 January 20241 JMD = 0.0303 MYR
06 January 20241 JMD = 0.0303 MYR
07 January 20241 JMD = 0.0302 MYR
08 January 20241 JMD = 0.0305 MYR
09 January 20241 JMD = 0.0304 MYR
10 January 20241 JMD = 0.0304 MYR
11 January 20241 JMD = 0.0303 MYR
12 January 20241 JMD = 0.0303 MYR
14 January 20241 JMD = 0.0300 MYR
15 January 20241 JMD = 0.0303 MYR
16 January 20241 JMD = 0.0304 MYR
17 January 20241 JMD = 0.0302 MYR
18 January 20241 JMD = 0.0307 MYR
19 January 20241 JMD = 0.0307 MYR
22 January 20241 JMD = 0.0307 MYR
23 January 20241 JMD = 0.0308 MYR
24 January 20241 JMD = 0.0307 MYR
25 January 20241 JMD = 0.0307 MYR
26 January 20241 JMD = 0.0307 MYR
28 January 20241 JMD = 0.0307 MYR
29 January 20241 JMD = 0.0306 MYR
30 January 20241 JMD = 0.0308 MYR
31 January 20241 JMD = 0.0308 MYR

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

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.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.
JMD MYR January 2024
JMD MYR February 2024
JMD MYR March 2024
JMD MYR April 2024
JMD MYR May 2024
JMD MYR June 2024
JMD MYR July 2024
JMD MYR August 2024
JMD MYR September 2024
JMD MYR October 2024
JMD MYR November 2024
JMD MYR December 2024
JMD MYR January 2025