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

Qatari Rial jamaican dollar history for October 2023. The highest quote for this month is 42.523 (13/10/2023) and the lowest 42.324 (01/10/2023). The difference between high and low is 0.47.

QAR JMD average rate for October 2023 is 42.13593, the change between 01/10/2023 and 31/10/2023 is +0.87 %.

01 October 2023	1 QAR = 42.32 JMD
02 October 2023	1 QAR = 42.22 JMD
03 October 2023	1 QAR = 42.08 JMD
04 October 2023	1 QAR = 42.09 JMD
05 October 2023	1 QAR = 42.07 JMD
06 October 2023	1 QAR = 42.15 JMD
07 October 2023	1 QAR = 42.30 JMD
09 October 2023	1 QAR = 42.02 JMD
10 October 2023	1 QAR = 42.04 JMD
11 October 2023	1 QAR = 42.08 JMD
12 October 2023	1 QAR = 42.11 JMD
13 October 2023	1 QAR = 42.21 JMD
16 October 2023	1 QAR = 42.20 JMD
17 October 2023	1 QAR = 42.28 JMD
18 October 2023	1 QAR = 42.21 JMD
19 October 2023	1 QAR = 42.35 JMD
20 October 2023	1 QAR = 42.31 JMD
21 October 2023	1 QAR = 42.32 JMD
22 October 2023	1 QAR = 42.32 JMD
23 October 2023	1 QAR = 42.05 JMD
24 October 2023	1 QAR = 42.02 JMD
25 October 2023	1 QAR = 42.07 JMD
26 October 2023	1 QAR = 42.06 JMD
27 October 2023	1 QAR = 42.14 JMD
29 October 2023	1 QAR = 41.76 JMD
30 October 2023	1 QAR = 41.95 JMD
31 October 2023	1 QAR = 41.95 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