Historic Jamaican Dollar Burmese kyat

Jamaican Dollar burmese kyat history for January 2024. The highest quote for this month is 13.627 (02/01/2024) and the lowest 13.686 (06/01/2024). The difference between high and low is -0.43.

JMD MMK average rate for January 2024 is 13.56548, the change between 01/01/2024 and 31/01/2024 is +0.53 %.

01 January 20241 JMD = 13.61 MMK
02 January 20241 JMD = 13.61 MMK
03 January 20241 JMD = 13.63 MMK
04 January 20241 JMD = 13.62 MMK
05 January 20241 JMD = 13.62 MMK
06 January 20241 JMD = 13.62 MMK
07 January 20241 JMD = 13.62 MMK
08 January 20241 JMD = 13.61 MMK
09 January 20241 JMD = 13.62 MMK
10 January 20241 JMD = 13.61 MMK
11 January 20241 JMD = 13.58 MMK
12 January 20241 JMD = 13.57 MMK
14 January 20241 JMD = 13.54 MMK
15 January 20241 JMD = 13.53 MMK
16 January 20241 JMD = 13.52 MMK
17 January 20241 JMD = 13.53 MMK
18 January 20241 JMD = 13.56 MMK
19 January 20241 JMD = 13.55 MMK
22 January 20241 JMD = 13.52 MMK
23 January 20241 JMD = 13.55 MMK
24 January 20241 JMD = 13.52 MMK
25 January 20241 JMD = 13.50 MMK
26 January 20241 JMD = 13.50 MMK
28 January 20241 JMD = 13.60 MMK
29 January 20241 JMD = 13.50 MMK
30 January 20241 JMD = 13.52 MMK
31 January 20241 JMD = 13.54 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.