Jamaican Dollar north korean won exchange rate history (JMD KPW) December 2023

Jamaican Dollar north korean won history for December 2023. The highest quote for this month is 5.8849 (28/12/2023) and the lowest 5.9048 (14/12/2023). The difference between high and low is -0.34.

JMD KPW average rate for December 2023 is 5.84956, the change between 01/12/2023 and 31/12/2023 is -0.14 %.

01 December 2023	1 JMD = 5.85 KPW
02 December 2023	1 JMD = 5.83 KPW
03 December 2023	1 JMD = 5.83 KPW
04 December 2023	1 JMD = 5.88 KPW
05 December 2023	1 JMD = 5.86 KPW
06 December 2023	1 JMD = 5.87 KPW
07 December 2023	1 JMD = 5.85 KPW
08 December 2023	1 JMD = 5.84 KPW
10 December 2023	1 JMD = 5.83 KPW
11 December 2023	1 JMD = 5.84 KPW
12 December 2023	1 JMD = 5.84 KPW
13 December 2023	1 JMD = 5.85 KPW
14 December 2023	1 JMD = 5.84 KPW
15 December 2023	1 JMD = 5.85 KPW
16 December 2023	1 JMD = 5.82 KPW
17 December 2023	1 JMD = 5.82 KPW
18 December 2023	1 JMD = 5.81 KPW
19 December 2023	1 JMD = 5.86 KPW
20 December 2023	1 JMD = 5.87 KPW
21 December 2023	1 JMD = 5.87 KPW
22 December 2023	1 JMD = 5.85 KPW
23 December 2023	1 JMD = 5.86 KPW
24 December 2023	1 JMD = 5.86 KPW
25 December 2023	1 JMD = 5.86 KPW
26 December 2023	1 JMD = 5.86 KPW
27 December 2023	1 JMD = 5.86 KPW
28 December 2023	1 JMD = 5.87 KPW
29 December 2023	1 JMD = 5.86 KPW

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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

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.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

30/04/1994: Foreign exchange liberalization

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

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its 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.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

Historic Jamaican Dollar North Korean won