Historic Brunei dollar Malaysian ringgit

Brunei dollar malaysian ringgit history for January 2024. The highest quote for this month is 3.5934 (23/01/2024) and the lowest 3.5929 (31/01/2024). The difference between high and low is 0.01.

BND MYR average rate for January 2024 is 3.55279, the change between 01/01/2024 and 31/01/2024 is -1.53 %.

01 January 20241 BND = 3.535 MYR
02 January 20241 BND = 3.532 MYR
03 January 20241 BND = 3.532 MYR
04 January 20241 BND = 3.528 MYR
05 January 20241 BND = 3.548 MYR
06 January 20241 BND = 3.501 MYR
07 January 20241 BND = 3.496 MYR
08 January 20241 BND = 3.565 MYR
09 January 20241 BND = 3.555 MYR
10 January 20241 BND = 3.548 MYR
11 January 20241 BND = 3.548 MYR
12 January 20241 BND = 3.553 MYR
14 January 20241 BND = 3.490 MYR
15 January 20241 BND = 3.552 MYR
16 January 20241 BND = 3.565 MYR
17 January 20241 BND = 3.520 MYR
18 January 20241 BND = 3.570 MYR
19 January 20241 BND = 3.570 MYR
22 January 20241 BND = 3.578 MYR
23 January 20241 BND = 3.585 MYR
24 January 20241 BND = 3.586 MYR
25 January 20241 BND = 3.594 MYR
26 January 20241 BND = 3.591 MYR
28 January 20241 BND = 3.524 MYR
29 January 20241 BND = 3.585 MYR
30 January 20241 BND = 3.590 MYR
31 January 20241 BND = 3.589 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.