Qatari Rial jamaican dollar exchange rate history (QAR JMD) December 2023

Qatari Rial jamaican dollar history for December 2023. The highest quote for this month is 42.586 (18/12/2023) and the lowest 42.453 (16/12/2023). The difference between high and low is 0.31.

QAR JMD average rate for December 2023 is 42.27729, the change between 01/12/2023 and 31/12/2023 is +0.13 %.

01 December 2023	1 QAR = 42.28 JMD
02 December 2023	1 QAR = 42.40 JMD
03 December 2023	1 QAR = 42.40 JMD
04 December 2023	1 QAR = 42.05 JMD
05 December 2023	1 QAR = 42.20 JMD
06 December 2023	1 QAR = 42.16 JMD
07 December 2023	1 QAR = 42.27 JMD
08 December 2023	1 QAR = 42.37 JMD
10 December 2023	1 QAR = 42.42 JMD
11 December 2023	1 QAR = 42.38 JMD
12 December 2023	1 QAR = 42.32 JMD
13 December 2023	1 QAR = 42.26 JMD
14 December 2023	1 QAR = 42.33 JMD
15 December 2023	1 QAR = 42.27 JMD
16 December 2023	1 QAR = 42.45 JMD
17 December 2023	1 QAR = 42.45 JMD
18 December 2023	1 QAR = 42.53 JMD
19 December 2023	1 QAR = 42.23 JMD
20 December 2023	1 QAR = 42.13 JMD
21 December 2023	1 QAR = 42.17 JMD
22 December 2023	1 QAR = 42.28 JMD
23 December 2023	1 QAR = 42.21 JMD
24 December 2023	1 QAR = 42.21 JMD
25 December 2023	1 QAR = 42.19 JMD
26 December 2023	1 QAR = 42.19 JMD
27 December 2023	1 QAR = 42.22 JMD
28 December 2023	1 QAR = 42.15 JMD
29 December 2023	1 QAR = 42.23 JMD

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

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.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

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.

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

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 Qatari Rial Jamaican Dollar