Historic Chilean Peso Malaysian ringgit

Chilean Peso malaysian ringgit history for August 2023. The highest quote for this month is 0.005494 (28/08/2023) and the lowest 0.005569 (25/08/2023). The difference between high and low is -1.37.

CLP MYR average rate for August 2023 is 0.00537, the change between 01/08/2023 and 31/08/2023 is -1.02 %.

01 August 20231 CLP = 0.0054 MYR
02 August 20231 CLP = 0.0054 MYR
03 August 20231 CLP = 0.0054 MYR
04 August 20231 CLP = 0.0053 MYR
05 August 20231 CLP = 0.0053 MYR
07 August 20231 CLP = 0.0054 MYR
08 August 20231 CLP = 0.0053 MYR
09 August 20231 CLP = 0.0053 MYR
10 August 20231 CLP = 0.0053 MYR
11 August 20231 CLP = 0.0054 MYR
12 August 20231 CLP = 0.0053 MYR
14 August 20231 CLP = 0.0053 MYR
15 August 20231 CLP = 0.0054 MYR
16 August 20231 CLP = 0.0054 MYR
17 August 20231 CLP = 0.0053 MYR
18 August 20231 CLP = 0.0054 MYR
20 August 20231 CLP = 0.0054 MYR
21 August 20231 CLP = 0.0053 MYR
22 August 20231 CLP = 0.0053 MYR
23 August 20231 CLP = 0.0053 MYR
24 August 20231 CLP = 0.0053 MYR
25 August 20231 CLP = 0.0055 MYR
28 August 20231 CLP = 0.0055 MYR
29 August 20231 CLP = 0.0055 MYR
30 August 20231 CLP = 0.0054 MYR
31 August 20231 CLP = 0.0054 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.

12/08/2015: Ringgit Depreciation

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

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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

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.

12/06/1967: Introduction of the Malaysian Dollar

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

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.