Historic Jamaican Dollar Maldivian rufiyaa

Jamaican Dollar maldivian rufiyaa history for February 2024. The highest quote for this month is 0.09944 (04/02/2024) and the lowest 0.10014 (24/02/2024). The difference between high and low is -0.7.

JMD MVR average rate for February 2024 is 0.0986, the change between 01/02/2024 and 29/02/2024 is +0.7 %.

01 February 20241 JMD = 0.0993 MVR
02 February 20241 JMD = 0.0991 MVR
03 February 20241 JMD = 0.0994 MVR
04 February 20241 JMD = 0.0995 MVR
05 February 20241 JMD = 0.0979 MVR
06 February 20241 JMD = 0.0987 MVR
07 February 20241 JMD = 0.0986 MVR
08 February 20241 JMD = 0.0988 MVR
09 February 20241 JMD = 0.0988 MVR
12 February 20241 JMD = 0.0979 MVR
13 February 20241 JMD = 0.0979 MVR
14 February 20241 JMD = 0.0980 MVR
15 February 20241 JMD = 0.0980 MVR
16 February 20241 JMD = 0.0982 MVR
17 February 20241 JMD = 0.0990 MVR
18 February 20241 JMD = 0.0990 MVR
19 February 20241 JMD = 0.0985 MVR
20 February 20241 JMD = 0.0984 MVR
21 February 20241 JMD = 0.0981 MVR
22 February 20241 JMD = 0.0981 MVR
23 February 20241 JMD = 0.0980 MVR
24 February 20241 JMD = 0.1001 MVR
25 February 20241 JMD = 0.0992 MVR
26 February 20241 JMD = 0.0983 MVR
27 February 20241 JMD = 0.0983 MVR
28 February 20241 JMD = 0.0987 MVR
29 February 20241 JMD = 0.0986 MVR

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

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.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.
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