Historic Jamaican Dollar United States dollar

Jamaican Dollar united states dollar history for January 2024. The highest quote for this month is 0.00655 (02/01/2024) and the lowest 0.006561 (08/01/2024). The difference between high and low is -0.17.

JMD USD average rate for January 2024 is 0.00651, the change between 01/01/2024 and 31/01/2024 is +0.31 %.

01 January 20241 JMD = 0.0065 USD
02 January 20241 JMD = 0.0065 USD
03 January 20241 JMD = 0.0066 USD
04 January 20241 JMD = 0.0066 USD
05 January 20241 JMD = 0.0065 USD
06 January 20241 JMD = 0.0065 USD
07 January 20241 JMD = 0.0065 USD
08 January 20241 JMD = 0.0066 USD
09 January 20241 JMD = 0.0066 USD
10 January 20241 JMD = 0.0065 USD
11 January 20241 JMD = 0.0065 USD
12 January 20241 JMD = 0.0065 USD
14 January 20241 JMD = 0.0065 USD
15 January 20241 JMD = 0.0065 USD
16 January 20241 JMD = 0.0065 USD
17 January 20241 JMD = 0.0065 USD
18 January 20241 JMD = 0.0065 USD
19 January 20241 JMD = 0.0065 USD
22 January 20241 JMD = 0.0065 USD
23 January 20241 JMD = 0.0065 USD
24 January 20241 JMD = 0.0065 USD
25 January 20241 JMD = 0.0065 USD
26 January 20241 JMD = 0.0065 USD
27 January 20241 JMD = 0.0064 USD
28 January 20241 JMD = 0.0065 USD
29 January 20241 JMD = 0.0065 USD
30 January 20241 JMD = 0.0065 USD
31 January 20241 JMD = 0.0065 USD

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.