Historic Japanese Yen Jamaican Dollar

Japanese Yen jamaican dollar history for February 2024. The highest quote for this month is 1.0491 (01/02/2024) and the lowest 1.0542 (01/02/2024). The difference between high and low is -0.49.

JPY JMD average rate for February 2024 is 1.03494, the change between 01/02/2024 and 29/02/2024 is +2.06 %.

01 February 20241 JPY = 1.045 JMD
02 February 20241 JPY = 1.051 JMD
04 February 20241 JPY = 1.046 JMD
05 February 20241 JPY = 1.049 JMD
06 February 20241 JPY = 1.040 JMD
07 February 20241 JPY = 1.046 JMD
08 February 20241 JPY = 1.043 JMD
09 February 20241 JPY = 1.031 JMD
12 February 20241 JPY = 1.037 JMD
13 February 20241 JPY = 1.036 JMD
14 February 20241 JPY = 1.026 JMD
15 February 20241 JPY = 1.030 JMD
16 February 20241 JPY = 1.035 JMD
17 February 20241 JPY = 1.038 JMD
18 February 20241 JPY = 1.038 JMD
19 February 20241 JPY = 1.032 JMD
20 February 20241 JPY = 1.031 JMD
21 February 20241 JPY = 1.034 JMD
22 February 20241 JPY = 1.030 JMD
23 February 20241 JPY = 1.030 JMD
24 February 20241 JPY = 1.024 JMD
25 February 20241 JPY = 1.034 JMD
26 February 20241 JPY = 1.027 JMD
27 February 20241 JPY = 1.028 JMD
28 February 20241 JPY = 1.025 JMD
29 February 20241 JPY = 1.024 JMD

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

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.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

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.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

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.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.
JPY JMD January 2024
JPY JMD February 2024
JPY JMD March 2024
JPY JMD April 2024
JPY JMD May 2024
JPY JMD June 2024
JPY JMD July 2024
JPY JMD August 2024
JPY JMD September 2024
JPY JMD October 2024
JPY JMD November 2024
JPY JMD December 2024
JPY JMD January 2025