Jamaican Dollar nepalese rupee exchange rate history (JMD NPR) October 2023

Jamaican Dollar nepalese rupee history for October 2023. The highest quote for this month is 0.86116 (31/10/2023) and the lowest 0.8689 (07/10/2023). The difference between high and low is -0.9.

JMD NPR average rate for October 2023 is 0.85786, the change between 01/10/2023 and 31/10/2023 is -0.57 %.

02 October 2023	1 JMD = 0.8563 NPR
03 October 2023	1 JMD = 0.8590 NPR
04 October 2023	1 JMD = 0.8590 NPR
05 October 2023	1 JMD = 0.8583 NPR
06 October 2023	1 JMD = 0.8555 NPR
07 October 2023	1 JMD = 0.8634 NPR
09 October 2023	1 JMD = 0.8566 NPR
10 October 2023	1 JMD = 0.8602 NPR
11 October 2023	1 JMD = 0.8596 NPR
12 October 2023	1 JMD = 0.8583 NPR
13 October 2023	1 JMD = 0.8559 NPR
16 October 2023	1 JMD = 0.8572 NPR
17 October 2023	1 JMD = 0.8556 NPR
18 October 2023	1 JMD = 0.8555 NPR
19 October 2023	1 JMD = 0.8543 NPR
20 October 2023	1 JMD = 0.8547 NPR
23 October 2023	1 JMD = 0.8570 NPR
24 October 2023	1 JMD = 0.8593 NPR
25 October 2023	1 JMD = 0.8579 NPR
26 October 2023	1 JMD = 0.8588 NPR
27 October 2023	1 JMD = 0.8577 NPR
30 October 2023	1 JMD = 0.8598 NPR
31 October 2023	1 JMD = 0.8612 NPR

20/09/2015: Adoption of New Constitution

Nepal adopted a new constitution, resulting in political unrest and affecting the Nepalese Rupee's stability.

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.

26/10/1999: Maoist Insurgency Begins

The start of the Maoist insurgency in Nepal led to political instability and economic challenges, impacting the value of the Nepalese Rupee.

30/04/1994: Foreign exchange liberalization

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

08/04/1993: Nepalese Rupee's Peg to Indian Rupee

The Nepalese Rupee was pegged to the Indian Rupee at a fixed exchange rate.

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.

30/12/1972: Reintroduction of Nepalese Rupee

Nepal reintroduced the Nepalese Rupee as the official currency, separating it from the Indian Rupee.

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.

12/03/1960: Replacement of Nepalese Rupee

The Nepalese Rupee was replaced by the Indian Rupee as the legal tender in Nepal.

15/12/1959: Nepal Rastra Bank Established

Nepal Rastra Bank, the central bank of Nepal, was established to oversee the monetary system and issue the Nepalese Rupee.

07/04/1932: Introduction of Nepalese Rupee

The Nepalese Rupee was officially introduced as the currency of Nepal, replacing the silver mohar.

Historic Jamaican Dollar Nepalese rupee