Historic Japanese Yen Jamaican Dollar

Japanese Yen jamaican dollar history for January 2024. The highest quote for this month is 1.0876 (01/01/2024) and the lowest 1.0876 (01/01/2024). The difference between high and low is 0.

JPY JMD average rate for January 2024 is 1.05143, the change between 01/01/2024 and 31/01/2024 is +4.06 %.

01 January 20241 JPY = 1.087 JMD
02 January 20241 JPY = 1.086 JMD
03 January 20241 JPY = 1.074 JMD
04 January 20241 JPY = 1.067 JMD
05 January 20241 JPY = 1.055 JMD
08 January 20241 JPY = 1.053 JMD
09 January 20241 JPY = 1.059 JMD
10 January 20241 JPY = 1.058 JMD
11 January 20241 JPY = 1.051 JMD
12 January 20241 JPY = 1.057 JMD
15 January 20241 JPY = 1.058 JMD
16 January 20241 JPY = 1.054 JMD
17 January 20241 JPY = 1.046 JMD
18 January 20241 JPY = 1.036 JMD
19 January 20241 JPY = 1.036 JMD
22 January 20241 JPY = 1.038 JMD
23 January 20241 JPY = 1.036 JMD
24 January 20241 JPY = 1.037 JMD
25 January 20241 JPY = 1.043 JMD
26 January 20241 JPY = 1.043 JMD
27 January 20241 JPY = 1.048 JMD
28 January 20241 JPY = 1.039 JMD
29 January 20241 JPY = 1.041 JMD
30 January 20241 JPY = 1.043 JMD
31 January 20241 JPY = 1.043 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.