Bermudian dollar malaysian ringgit exchange rate history (BMD MYR) August 2023

Bermudian dollar malaysian ringgit history for August 2023. The highest quote for this month is 4.656 (23/08/2023) and the lowest 4.649 (23/08/2023). The difference between high and low is 0.15.

BMD MYR average rate for August 2023 is 4.60229, the change between 01/08/2023 and 31/08/2023 is -2.42 %.

01 August 2023	1 BMD = 4.528 MYR
02 August 2023	1 BMD = 4.520 MYR
03 August 2023	1 BMD = 4.555 MYR
04 August 2023	1 BMD = 4.542 MYR
05 August 2023	1 BMD = 4.552 MYR
07 August 2023	1 BMD = 4.553 MYR
08 August 2023	1 BMD = 4.557 MYR
09 August 2023	1 BMD = 4.580 MYR
10 August 2023	1 BMD = 4.569 MYR
11 August 2023	1 BMD = 4.570 MYR
12 August 2023	1 BMD = 4.585 MYR
14 August 2023	1 BMD = 4.585 MYR
15 August 2023	1 BMD = 4.617 MYR
16 August 2023	1 BMD = 4.633 MYR
17 August 2023	1 BMD = 4.627 MYR
18 August 2023	1 BMD = 4.650 MYR
20 August 2023	1 BMD = 4.645 MYR
21 August 2023	1 BMD = 4.645 MYR
22 August 2023	1 BMD = 4.647 MYR
23 August 2023	1 BMD = 4.646 MYR
24 August 2023	1 BMD = 4.646 MYR
25 August 2023	1 BMD = 4.643 MYR
28 August 2023	1 BMD = 4.638 MYR
29 August 2023	1 BMD = 4.652 MYR
30 August 2023	1 BMD = 4.643 MYR
31 August 2023	1 BMD = 4.638 MYR

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.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

12/08/2015: Ringgit Depreciation

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

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

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.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

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.

Historic Bermudian dollar Malaysian ringgit