Historic Jamaican Dollar Qatari Rial

Jamaican Dollar qatari rial history for January 2024. The highest quote for this month is 0.023835 (02/01/2024) and the lowest 0.023876 (08/01/2024). The difference between high and low is -0.17.

JMD QAR average rate for January 2024 is 0.02371, the change between 01/01/2024 and 31/01/2024 is +0.3 %.

01 January 20241 JMD = 0.0238 QAR
02 January 20241 JMD = 0.0237 QAR
03 January 20241 JMD = 0.0238 QAR
04 January 20241 JMD = 0.0239 QAR
05 January 20241 JMD = 0.0238 QAR
06 January 20241 JMD = 0.0237 QAR
07 January 20241 JMD = 0.0237 QAR
08 January 20241 JMD = 0.0239 QAR
09 January 20241 JMD = 0.0238 QAR
10 January 20241 JMD = 0.0238 QAR
11 January 20241 JMD = 0.0238 QAR
12 January 20241 JMD = 0.0237 QAR
14 January 20241 JMD = 0.0235 QAR
15 January 20241 JMD = 0.0237 QAR
16 January 20241 JMD = 0.0237 QAR
17 January 20241 JMD = 0.0236 QAR
18 January 20241 JMD = 0.0237 QAR
19 January 20241 JMD = 0.0237 QAR
22 January 20241 JMD = 0.0237 QAR
23 January 20241 JMD = 0.0237 QAR
24 January 20241 JMD = 0.0237 QAR
25 January 20241 JMD = 0.0236 QAR
26 January 20241 JMD = 0.0236 QAR
28 January 20241 JMD = 0.0236 QAR
29 January 20241 JMD = 0.0236 QAR
30 January 20241 JMD = 0.0237 QAR
31 January 20241 JMD = 0.0237 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.