Historic Kuwaiti Dinar Jamaican Dollar

Kuwaiti Dinar jamaican dollar history for February 2024. The highest quote for this month is 507.21 (05/02/2024) and the lowest 505.91 (17/02/2024). The difference between high and low is 0.26.

KWD JMD average rate for February 2024 is 503.5337, the change between 01/02/2024 and 29/02/2024 is -0.33 %.

01 February 20241 KWD = 500.4 JMD
02 February 20241 KWD = 501.2 JMD
03 February 20241 KWD = 504.8 JMD
04 February 20241 KWD = 504.7 JMD
05 February 20241 KWD = 507.2 JMD
06 February 20241 KWD = 502.9 JMD
07 February 20241 KWD = 502.9 JMD
08 February 20241 KWD = 502.4 JMD
09 February 20241 KWD = 500.5 JMD
12 February 20241 KWD = 503.2 JMD
13 February 20241 KWD = 503.6 JMD
14 February 20241 KWD = 502.7 JMD
15 February 20241 KWD = 504.0 JMD
16 February 20241 KWD = 505.0 JMD
17 February 20241 KWD = 506.0 JMD
18 February 20241 KWD = 505.9 JMD
19 February 20241 KWD = 503.6 JMD
20 February 20241 KWD = 504.1 JMD
21 February 20241 KWD = 504.4 JMD
22 February 20241 KWD = 504.2 JMD
23 February 20241 KWD = 504.6 JMD
24 February 20241 KWD = 500.8 JMD
25 February 20241 KWD = 505.6 JMD
26 February 20241 KWD = 503.2 JMD
27 February 20241 KWD = 503.9 JMD
28 February 20241 KWD = 501.9 JMD
29 February 20241 KWD = 502.0 JMD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
KWD JMD August 2023
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