Historic Jamaican Dollar South African rand

Jamaican Dollar south african rand history for January 2024. The highest quote for this month is 0.12497 (22/01/2024) and the lowest 0.12377 (22/01/2024). The difference between high and low is 0.96.

JMD ZAR average rate for January 2024 is 0.12203, the change between 01/01/2024 and 31/01/2024 is -2.47 %.

01 January 20241 JMD = 0.1193 ZAR
02 January 20241 JMD = 0.1194 ZAR
03 January 20241 JMD = 0.1215 ZAR
04 January 20241 JMD = 0.1224 ZAR
05 January 20241 JMD = 0.1224 ZAR
06 January 20241 JMD = 0.1215 ZAR
07 January 20241 JMD = 0.1215 ZAR
08 January 20241 JMD = 0.1225 ZAR
09 January 20241 JMD = 0.1216 ZAR
10 January 20241 JMD = 0.1220 ZAR
11 January 20241 JMD = 0.1216 ZAR
12 January 20241 JMD = 0.1216 ZAR
14 January 20241 JMD = 0.1203 ZAR
15 January 20241 JMD = 0.1212 ZAR
16 January 20241 JMD = 0.1213 ZAR
17 January 20241 JMD = 0.1231 ZAR
18 January 20241 JMD = 0.1244 ZAR
19 January 20241 JMD = 0.1233 ZAR
22 January 20241 JMD = 0.1237 ZAR
23 January 20241 JMD = 0.1251 ZAR
24 January 20241 JMD = 0.1230 ZAR
25 January 20241 JMD = 0.1226 ZAR
26 January 20241 JMD = 0.1225 ZAR
27 January 20241 JMD = 0.1210 ZAR
28 January 20241 JMD = 0.1220 ZAR
29 January 20241 JMD = 0.1216 ZAR
30 January 20241 JMD = 0.1221 ZAR
31 January 20241 JMD = 0.1222 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
JMD ZAR July 2023
JMD ZAR August 2023
JMD ZAR September 2023
JMD ZAR October 2023
JMD ZAR November 2023
JMD ZAR December 2023
JMD ZAR January 2024
JMD ZAR February 2024
JMD ZAR March 2024
JMD ZAR April 2024
JMD ZAR May 2024
JMD ZAR June 2024
JMD ZAR July 2024