Historic Kazakhstani tenge Jamaican Dollar

Kazakhstani tenge jamaican dollar history for January 2024. The highest quote for this month is 0.3467 (24/01/2024) and the lowest 0.34768 (24/01/2024). The difference between high and low is -0.28.

KZT JMD average rate for January 2024 is 0.34132, the change between 01/01/2024 and 31/01/2024 is -2.39 %.

01 January 20241 KZT = 0.3366 JMD
02 January 20241 KZT = 0.3366 JMD
03 January 20241 KZT = 0.3371 JMD
04 January 20241 KZT = 0.3356 JMD
05 January 20241 KZT = 0.3380 JMD
06 January 20241 KZT = 0.3396 JMD
07 January 20241 KZT = 0.3396 JMD
08 January 20241 KZT = 0.3391 JMD
09 January 20241 KZT = 0.3387 JMD
10 January 20241 KZT = 0.3381 JMD
11 January 20241 KZT = 0.3392 JMD
12 January 20241 KZT = 0.3413 JMD
14 January 20241 KZT = 0.3427 JMD
15 January 20241 KZT = 0.3423 JMD
16 January 20241 KZT = 0.3426 JMD
17 January 20241 KZT = 0.3419 JMD
18 January 20241 KZT = 0.3404 JMD
19 January 20241 KZT = 0.3419 JMD
22 January 20241 KZT = 0.3442 JMD
23 January 20241 KZT = 0.3450 JMD
24 January 20241 KZT = 0.3476 JMD
25 January 20241 KZT = 0.3467 JMD
26 January 20241 KZT = 0.3457 JMD
28 January 20241 KZT = 0.3423 JMD
29 January 20241 KZT = 0.3442 JMD
30 January 20241 KZT = 0.3443 JMD
31 January 20241 KZT = 0.3446 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.