Kazakhstani tenge jamaican dollar exchange rate history (KZT JMD) December 2023

Kazakhstani tenge jamaican dollar history for December 2023. The highest quote for this month is 0.33899 (14/12/2023) and the lowest 0.339 (15/12/2023). The difference between high and low is 0.

KZT JMD average rate for December 2023 is 0.33669, the change between 01/12/2023 and 31/12/2023 is -0.58 %.

01 December 2023	1 KZT = 0.3369 JMD
02 December 2023	1 KZT = 0.3348 JMD
03 December 2023	1 KZT = 0.3348 JMD
04 December 2023	1 KZT = 0.3333 JMD
05 December 2023	1 KZT = 0.3341 JMD
06 December 2023	1 KZT = 0.3347 JMD
07 December 2023	1 KZT = 0.3352 JMD
08 December 2023	1 KZT = 0.3376 JMD
10 December 2023	1 KZT = 0.3370 JMD
11 December 2023	1 KZT = 0.3376 JMD
12 December 2023	1 KZT = 0.3374 JMD
13 December 2023	1 KZT = 0.3385 JMD
14 December 2023	1 KZT = 0.3378 JMD
15 December 2023	1 KZT = 0.3390 JMD
16 December 2023	1 KZT = 0.3372 JMD
17 December 2023	1 KZT = 0.3372 JMD
18 December 2023	1 KZT = 0.3375 JMD
19 December 2023	1 KZT = 0.3369 JMD
20 December 2023	1 KZT = 0.3373 JMD
21 December 2023	1 KZT = 0.3383 JMD
22 December 2023	1 KZT = 0.3362 JMD
23 December 2023	1 KZT = 0.3361 JMD
24 December 2023	1 KZT = 0.3361 JMD
25 December 2023	1 KZT = 0.3363 JMD
26 December 2023	1 KZT = 0.3363 JMD
27 December 2023	1 KZT = 0.3363 JMD
28 December 2023	1 KZT = 0.3382 JMD
29 December 2023	1 KZT = 0.3388 JMD

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

Historic Kazakhstani tenge Jamaican Dollar