Jamaican Dollar singapore dollar exchange rate history (JMD SGD) August 2023

Jamaican Dollar singapore dollar history for August 2023. The highest quote for this month is 0.008899 (24/08/2023) and the lowest 0.008886 (21/08/2023). The difference between high and low is 0.15.

JMD SGD average rate for August 2023 is 0.00882, the change between 01/08/2023 and 31/08/2023 is -1.5 %.

01 August 2023	1 JMD = 0.0087 SGD
02 August 2023	1 JMD = 0.0087 SGD
03 August 2023	1 JMD = 0.0087 SGD
04 August 2023	1 JMD = 0.0088 SGD
07 August 2023	1 JMD = 0.0088 SGD
08 August 2023	1 JMD = 0.0088 SGD
09 August 2023	1 JMD = 0.0088 SGD
10 August 2023	1 JMD = 0.0088 SGD
11 August 2023	1 JMD = 0.0088 SGD
12 August 2023	1 JMD = 0.0088 SGD
14 August 2023	1 JMD = 0.0088 SGD
15 August 2023	1 JMD = 0.0089 SGD
16 August 2023	1 JMD = 0.0089 SGD
17 August 2023	1 JMD = 0.0089 SGD
18 August 2023	1 JMD = 0.0089 SGD
20 August 2023	1 JMD = 0.0089 SGD
21 August 2023	1 JMD = 0.0089 SGD
22 August 2023	1 JMD = 0.0089 SGD
23 August 2023	1 JMD = 0.0089 SGD
24 August 2023	1 JMD = 0.0088 SGD
25 August 2023	1 JMD = 0.0089 SGD
28 August 2023	1 JMD = 0.0088 SGD
29 August 2023	1 JMD = 0.0088 SGD
30 August 2023	1 JMD = 0.0088 SGD
31 August 2023	1 JMD = 0.0088 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

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.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

Historic Jamaican Dollar Singapore dollar