Historic Barbadian dollar Malaysian ringgit

Barbadian dollar malaysian ringgit history for February 2024. The highest quote for this month is 2.4338 (21/02/2024) and the lowest 2.4309 (21/02/2024). The difference between high and low is 0.12.

BBD MYR average rate for February 2024 is 2.40547, the change between 01/02/2024 and 29/02/2024 is -0.86 %.

01 February 20241 BBD = 2.400 MYR
02 February 20241 BBD = 2.396 MYR
03 February 20241 BBD = 2.358 MYR
04 February 20241 BBD = 2.358 MYR
05 February 20241 BBD = 2.368 MYR
06 February 20241 BBD = 2.404 MYR
07 February 20241 BBD = 2.413 MYR
08 February 20241 BBD = 2.412 MYR
09 February 20241 BBD = 2.415 MYR
10 February 20241 BBD = 2.379 MYR
12 February 20241 BBD = 2.416 MYR
13 February 20241 BBD = 2.415 MYR
14 February 20241 BBD = 2.415 MYR
15 February 20241 BBD = 2.425 MYR
16 February 20241 BBD = 2.423 MYR
17 February 20241 BBD = 2.389 MYR
18 February 20241 BBD = 2.389 MYR
19 February 20241 BBD = 2.422 MYR
20 February 20241 BBD = 2.426 MYR
21 February 20241 BBD = 2.431 MYR
22 February 20241 BBD = 2.430 MYR
23 February 20241 BBD = 2.419 MYR
24 February 20241 BBD = 2.388 MYR
25 February 20241 BBD = 2.388 MYR
26 February 20241 BBD = 2.421 MYR
27 February 20241 BBD = 2.421 MYR
28 February 20241 BBD = 2.413 MYR
29 February 20241 BBD = 2.421 MYR

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
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