Historic Jamaican Dollar North Korean won

Jamaican Dollar north korean won history for February 2024. The highest quote for this month is 5.8337 (08/02/2024) and the lowest 5.8819 (02/02/2024). The difference between high and low is -0.83.

JMD KPW average rate for February 2024 is 5.81489, the change between 01/02/2024 and 29/02/2024 is +0.38 %.

01 February 20241 JMD = 5.86 KPW
02 February 20241 JMD = 5.85 KPW
03 February 20241 JMD = 5.80 KPW
04 February 20241 JMD = 5.81 KPW
05 February 20241 JMD = 5.78 KPW
06 February 20241 JMD = 5.82 KPW
07 February 20241 JMD = 5.82 KPW
08 February 20241 JMD = 5.83 KPW
09 February 20241 JMD = 5.85 KPW
12 February 20241 JMD = 5.82 KPW
13 February 20241 JMD = 5.81 KPW
14 February 20241 JMD = 5.82 KPW
15 February 20241 JMD = 5.80 KPW
16 February 20241 JMD = 5.80 KPW
17 February 20241 JMD = 5.78 KPW
18 February 20241 JMD = 5.78 KPW
19 February 20241 JMD = 5.81 KPW
20 February 20241 JMD = 5.81 KPW
21 February 20241 JMD = 5.81 KPW
22 February 20241 JMD = 5.81 KPW
23 February 20241 JMD = 5.81 KPW
24 February 20241 JMD = 5.84 KPW
25 February 20241 JMD = 5.79 KPW
26 February 20241 JMD = 5.82 KPW
27 February 20241 JMD = 5.81 KPW
28 February 20241 JMD = 5.84 KPW
29 February 20241 JMD = 5.84 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.
JMD KPW December 2023
JMD KPW January 2024
JMD KPW February 2024
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