Barbadian dollar malaysian ringgit exchange rate history (BBD MYR) October 2023

Barbadian dollar malaysian ringgit history for October 2023. The highest quote for this month is 2.4298 (23/10/2023) and the lowest 2.4398 (24/10/2023). The difference between high and low is -0.41.

BBD MYR average rate for October 2023 is 2.39832, the change between 01/10/2023 and 31/10/2023 is -2.94 %.

01 October 2023	1 BBD = 2.347 MYR
02 October 2023	1 BBD = 2.375 MYR
03 October 2023	1 BBD = 2.388 MYR
04 October 2023	1 BBD = 2.392 MYR
05 October 2023	1 BBD = 2.401 MYR
06 October 2023	1 BBD = 2.403 MYR
07 October 2023	1 BBD = 2.355 MYR
09 October 2023	1 BBD = 2.400 MYR
10 October 2023	1 BBD = 2.399 MYR
11 October 2023	1 BBD = 2.394 MYR
12 October 2023	1 BBD = 2.391 MYR
13 October 2023	1 BBD = 2.388 MYR
16 October 2023	1 BBD = 2.396 MYR
17 October 2023	1 BBD = 2.400 MYR
18 October 2023	1 BBD = 2.404 MYR
19 October 2023	1 BBD = 2.405 MYR
20 October 2023	1 BBD = 2.416 MYR
21 October 2023	1 BBD = 2.383 MYR
22 October 2023	1 BBD = 2.383 MYR
23 October 2023	1 BBD = 2.421 MYR
24 October 2023	1 BBD = 2.417 MYR
25 October 2023	1 BBD = 2.428 MYR
26 October 2023	1 BBD = 2.422 MYR
27 October 2023	1 BBD = 2.426 MYR
28 October 2023	1 BBD = 2.388 MYR
29 October 2023	1 BBD = 2.388 MYR
30 October 2023	1 BBD = 2.428 MYR
31 October 2023	1 BBD = 2.416 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.

Historic Barbadian dollar Malaysian ringgit