Historic Jamaican Dollar Burmese kyat

Jamaican Dollar burmese kyat history for February 2024. The highest quote for this month is 13.514 (01/02/2024) and the lowest 13.597 (24/02/2024). The difference between high and low is -0.61.

JMD MMK average rate for February 2024 is 13.459, the change between 01/02/2024 and 29/02/2024 is +0.41 %.

01 February 20241 JMD = 13.51 MMK
02 February 20241 JMD = 13.51 MMK
03 February 20241 JMD = 13.50 MMK
04 February 20241 JMD = 13.50 MMK
05 February 20241 JMD = 13.48 MMK
06 February 20241 JMD = 13.47 MMK
07 February 20241 JMD = 13.46 MMK
08 February 20241 JMD = 13.47 MMK
09 February 20241 JMD = 13.52 MMK
12 February 20241 JMD = 13.43 MMK
13 February 20241 JMD = 13.43 MMK
14 February 20241 JMD = 13.45 MMK
15 February 20241 JMD = 13.41 MMK
16 February 20241 JMD = 13.39 MMK
17 February 20241 JMD = 13.44 MMK
18 February 20241 JMD = 13.44 MMK
19 February 20241 JMD = 13.43 MMK
20 February 20241 JMD = 13.42 MMK
21 February 20241 JMD = 13.42 MMK
22 February 20241 JMD = 13.43 MMK
23 February 20241 JMD = 13.42 MMK
24 February 20241 JMD = 13.60 MMK
25 February 20241 JMD = 13.47 MMK
26 February 20241 JMD = 13.44 MMK
27 February 20241 JMD = 13.43 MMK
28 February 20241 JMD = 13.48 MMK
29 February 20241 JMD = 13.46 MMK

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

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.

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

28/11/2010: IMF agreement

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

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.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

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.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.
JMD MMK January 2024
JMD MMK February 2024
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