Historic Jamaican Dollar Somali shilling

Jamaican Dollar somali shilling history for March 2024. The highest quote for this month is 3.7011 (11/03/2024) and the lowest 3.7085 (08/03/2024). The difference between high and low is -0.2.

JMD SOS average rate for March 2024 is 3.6924, the change between 01/03/2024 and 31/03/2024 is -0.29 %.

01 March 20241 JMD = 3.679 SOS
04 March 20241 JMD = 3.693 SOS
05 March 20241 JMD = 3.685 SOS
06 March 20241 JMD = 3.692 SOS
07 March 20241 JMD = 3.693 SOS
08 March 20241 JMD = 3.707 SOS
11 March 20241 JMD = 3.703 SOS
12 March 20241 JMD = 3.689 SOS

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.

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.

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.