Historic Jamaican Dollar Mexican peso

Jamaican Dollar mexican peso history for January 2024. The highest quote for this month is 0.11303 (23/01/2024) and the lowest 0.11213 (17/01/2024). The difference between high and low is 0.8.

JMD MXN average rate for January 2024 is 0.11102, the change between 01/01/2024 and 31/01/2024 is -0.8 %.

01 January 20241 JMD = 0.1108 MXN
02 January 20241 JMD = 0.1107 MXN
03 January 20241 JMD = 0.1115 MXN
04 January 20241 JMD = 0.1115 MXN
05 January 20241 JMD = 0.1114 MXN
06 January 20241 JMD = 0.1097 MXN
07 January 20241 JMD = 0.1096 MXN
08 January 20241 JMD = 0.1107 MXN
09 January 20241 JMD = 0.1103 MXN
10 January 20241 JMD = 0.1111 MXN
11 January 20241 JMD = 0.1109 MXN
12 January 20241 JMD = 0.1102 MXN
14 January 20241 JMD = 0.1091 MXN
15 January 20241 JMD = 0.1099 MXN
16 January 20241 JMD = 0.1099 MXN
17 January 20241 JMD = 0.1117 MXN
18 January 20241 JMD = 0.1121 MXN
19 January 20241 JMD = 0.1118 MXN
22 January 20241 JMD = 0.1112 MXN
23 January 20241 JMD = 0.1119 MXN
24 January 20241 JMD = 0.1126 MXN
25 January 20241 JMD = 0.1119 MXN
26 January 20241 JMD = 0.1115 MXN
27 January 20241 JMD = 0.1104 MXN
28 January 20241 JMD = 0.1114 MXN
29 January 20241 JMD = 0.1113 MXN
30 January 20241 JMD = 0.1120 MXN
31 January 20241 JMD = 0.1116 MXN

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.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

28/11/2010: IMF agreement

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

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

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.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.
JMD MXN July 2023
JMD MXN August 2023
JMD MXN September 2023
JMD MXN October 2023
JMD MXN November 2023
JMD MXN December 2023
JMD MXN January 2024
JMD MXN February 2024
JMD MXN March 2024
JMD MXN April 2024
JMD MXN May 2024
JMD MXN June 2024
JMD MXN July 2024