Jamaican Dollar qatari rial exchange rate history (JMD QAR) August 2023

Jamaican Dollar qatari rial history for August 2023. The highest quote for this month is 0.023888 (24/08/2023) and the lowest 0.023938 (30/08/2023). The difference between high and low is -0.21.

JMD QAR average rate for August 2023 is 0.02378, the change between 01/08/2023 and 31/08/2023 is -0.01 %.

01 August 2023	1 JMD = 0.0238 QAR
02 August 2023	1 JMD = 0.0238 QAR
03 August 2023	1 JMD = 0.0236 QAR
04 August 2023	1 JMD = 0.0238 QAR
07 August 2023	1 JMD = 0.0239 QAR
08 August 2023	1 JMD = 0.0238 QAR
09 August 2023	1 JMD = 0.0238 QAR
10 August 2023	1 JMD = 0.0238 QAR
11 August 2023	1 JMD = 0.0238 QAR
12 August 2023	1 JMD = 0.0237 QAR
14 August 2023	1 JMD = 0.0237 QAR
15 August 2023	1 JMD = 0.0238 QAR
16 August 2023	1 JMD = 0.0238 QAR
17 August 2023	1 JMD = 0.0237 QAR
18 August 2023	1 JMD = 0.0237 QAR
19 August 2023	1 JMD = 0.0238 QAR
20 August 2023	1 JMD = 0.0238 QAR
21 August 2023	1 JMD = 0.0239 QAR
22 August 2023	1 JMD = 0.0238 QAR
23 August 2023	1 JMD = 0.0238 QAR
24 August 2023	1 JMD = 0.0238 QAR
25 August 2023	1 JMD = 0.0239 QAR
28 August 2023	1 JMD = 0.0237 QAR
29 August 2023	1 JMD = 0.0238 QAR
30 August 2023	1 JMD = 0.0238 QAR
31 August 2023	1 JMD = 0.0238 QAR

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

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.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

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.

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

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.

Historic Jamaican Dollar Qatari Rial