Historic Brunei dollar Malaysian ringgit

Brunei dollar malaysian ringgit history for August 2023. The highest quote for this month is 3.4998 (24/08/2023) and the lowest 3.4991 (31/08/2023). The difference between high and low is 0.02.

BND MYR average rate for August 2023 is 3.46278, the change between 01/08/2023 and 31/08/2023 is -0.6 %.

01 August 20231 BND = 3.462 MYR
02 August 20231 BND = 3.447 MYR
03 August 20231 BND = 3.460 MYR
04 August 20231 BND = 3.443 MYR
07 August 20231 BND = 3.469 MYR
08 August 20231 BND = 3.456 MYR
09 August 20231 BND = 3.456 MYR
10 August 20231 BND = 3.454 MYR
11 August 20231 BND = 3.454 MYR
12 August 20231 BND = 3.392 MYR
14 August 20231 BND = 3.440 MYR
15 August 20231 BND = 3.466 MYR
16 August 20231 BND = 3.473 MYR
17 August 20231 BND = 3.465 MYR
18 August 20231 BND = 3.483 MYR
19 August 20231 BND = 3.425 MYR
20 August 20231 BND = 3.425 MYR
21 August 20231 BND = 3.488 MYR
22 August 20231 BND = 3.484 MYR
23 August 20231 BND = 3.487 MYR
24 August 20231 BND = 3.479 MYR
25 August 20231 BND = 3.492 MYR
28 August 20231 BND = 3.478 MYR
29 August 20231 BND = 3.486 MYR
30 August 20231 BND = 3.486 MYR
31 August 20231 BND = 3.483 MYR

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

12/08/2015: Ringgit Depreciation

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

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

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.