Jamaican Dollar yemeni rial exchange rate history (JMD YER) February 2024

Jamaican Dollar yemeni rial history for February 2024. The highest quote for this month is 1.6189 (01/02/2024) and the lowest 1.6326 (02/02/2024). The difference between high and low is -0.85.

JMD YER average rate for February 2024 is 1.61437, the change between 01/02/2024 and 29/02/2024 is +0.4 %.

01 February 2024	1 JMD = 1.626 YER
02 February 2024	1 JMD = 1.624 YER
03 February 2024	1 JMD = 1.612 YER
04 February 2024	1 JMD = 1.612 YER
05 February 2024	1 JMD = 1.604 YER
06 February 2024	1 JMD = 1.617 YER
07 February 2024	1 JMD = 1.616 YER
08 February 2024	1 JMD = 1.617 YER
09 February 2024	1 JMD = 1.623 YER
12 February 2024	1 JMD = 1.615 YER
13 February 2024	1 JMD = 1.614 YER
14 February 2024	1 JMD = 1.615 YER
15 February 2024	1 JMD = 1.611 YER
16 February 2024	1 JMD = 1.609 YER
17 February 2024	1 JMD = 1.604 YER
18 February 2024	1 JMD = 1.604 YER
19 February 2024	1 JMD = 1.614 YER
20 February 2024	1 JMD = 1.612 YER
21 February 2024	1 JMD = 1.612 YER
22 February 2024	1 JMD = 1.613 YER
23 February 2024	1 JMD = 1.612 YER
24 February 2024	1 JMD = 1.624 YER
25 February 2024	1 JMD = 1.608 YER
26 February 2024	1 JMD = 1.616 YER
27 February 2024	1 JMD = 1.614 YER
28 February 2024	1 JMD = 1.620 YER
29 February 2024	1 JMD = 1.620 YER

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

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.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

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.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

Historic Jamaican Dollar Yemeni Rial