Historic Jamaican Dollar Saudi riyal

Jamaican Dollar saudi riyal history for January 2024. The highest quote for this month is 0.02456 (08/01/2024) and the lowest 0.024574 (08/01/2024). The difference between high and low is -0.06.

JMD SAR average rate for January 2024 is 0.02441, the change between 01/01/2024 and 31/01/2024 is +0.31 %.

01 January 20241 JMD = 0.0245 SAR
02 January 20241 JMD = 0.0245 SAR
03 January 20241 JMD = 0.0245 SAR
04 January 20241 JMD = 0.0246 SAR
05 January 20241 JMD = 0.0245 SAR
06 January 20241 JMD = 0.0244 SAR
07 January 20241 JMD = 0.0244 SAR
08 January 20241 JMD = 0.0246 SAR
09 January 20241 JMD = 0.0245 SAR
10 January 20241 JMD = 0.0245 SAR
11 January 20241 JMD = 0.0245 SAR
12 January 20241 JMD = 0.0244 SAR
14 January 20241 JMD = 0.0242 SAR
15 January 20241 JMD = 0.0244 SAR
16 January 20241 JMD = 0.0244 SAR
17 January 20241 JMD = 0.0243 SAR
18 January 20241 JMD = 0.0244 SAR
19 January 20241 JMD = 0.0244 SAR
22 January 20241 JMD = 0.0244 SAR
23 January 20241 JMD = 0.0244 SAR
24 January 20241 JMD = 0.0244 SAR
25 January 20241 JMD = 0.0243 SAR
26 January 20241 JMD = 0.0243 SAR
28 January 20241 JMD = 0.0243 SAR
29 January 20241 JMD = 0.0243 SAR
30 January 20241 JMD = 0.0244 SAR
31 January 20241 JMD = 0.0244 SAR

20/05/2018: SAMA grants licenses for full-fledged digital banks

SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.

21/12/2016: Saudi Arabia introduces the SAR 200 note

A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.

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.

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series

SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD

Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.

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.

01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)

SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.

23/09/1932: Establishment of the Kingdom of Saudi Arabia

The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.