Historic Comorian Franc Malaysian ringgit

Comorian Franc malaysian ringgit history for December 2023. The highest quote for this month is 0.010503 (18/12/2023) and the lowest 0.010436 (18/12/2023). The difference between high and low is 0.64.

KMF MYR average rate for December 2023 is 0.01033, the change between 01/12/2023 and 31/12/2023 is -0.01 %.

01 December 20231 KMF = 0.0104 MYR
02 December 20231 KMF = 0.0103 MYR
03 December 20231 KMF = 0.0103 MYR
04 December 20231 KMF = 0.0103 MYR
05 December 20231 KMF = 0.0103 MYR
06 December 20231 KMF = 0.0102 MYR
07 December 20231 KMF = 0.0102 MYR
08 December 20231 KMF = 0.0103 MYR
10 December 20231 KMF = 0.0102 MYR
11 December 20231 KMF = 0.0102 MYR
12 December 20231 KMF = 0.0102 MYR
13 December 20231 KMF = 0.0102 MYR
14 December 20231 KMF = 0.0103 MYR
15 December 20231 KMF = 0.0102 MYR
16 December 20231 KMF = 0.0104 MYR
17 December 20231 KMF = 0.0104 MYR
18 December 20231 KMF = 0.0102 MYR
19 December 20231 KMF = 0.0105 MYR
20 December 20231 KMF = 0.0104 MYR
21 December 20231 KMF = 0.0104 MYR
22 December 20231 KMF = 0.0104 MYR
23 December 20231 KMF = 0.0104 MYR
24 December 20231 KMF = 0.0104 MYR
25 December 20231 KMF = 0.0104 MYR
26 December 20231 KMF = 0.0104 MYR
27 December 20231 KMF = 0.0104 MYR
28 December 20231 KMF = 0.0104 MYR
29 December 20231 KMF = 0.0104 MYR

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

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: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

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.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.
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