Jamaican Dollar united states dollar history for March 2024. The highest quote for this month is 0.006516 (11/03/2024) and the lowest 0.006529 (08/03/2024). The difference between high and low is -0.2.
JMD USD average rate for March 2024 is 0.00649, the change between 01/03/2024 and 31/03/2024 is -0.28 %.
| 01 March 2024 | 1 JMD = 0.0065 USD |
| 03 March 2024 | 1 JMD = 0.0065 USD |
| 04 March 2024 | 1 JMD = 0.0065 USD |
| 05 March 2024 | 1 JMD = 0.0065 USD |
| 06 March 2024 | 1 JMD = 0.0065 USD |
| 07 March 2024 | 1 JMD = 0.0065 USD |
| 08 March 2024 | 1 JMD = 0.0065 USD |
| 10 March 2024 | 1 JMD = 0.0065 USD |
| 11 March 2024 | 1 JMD = 0.0065 USD |
| 12 March 2024 | 1 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.