Salvadoran Colón malaysian ringgit history for August 2023. The highest quote for this month is 0.54571 (21/08/2023) and the lowest 0.54703 (24/08/2023). The difference between high and low is -0.24.
SVC MYR average rate for August 2023 is 0.53803, the change between 01/08/2023 and 31/08/2023 is -2.44 %.
| 01 August 2023 | 1 SVC = 0.5304 MYR |
| 02 August 2023 | 1 SVC = 0.5296 MYR |
| 03 August 2023 | 1 SVC = 0.5331 MYR |
| 04 August 2023 | 1 SVC = 0.5326 MYR |
| 05 August 2023 | 1 SVC = 0.5202 MYR |
| 07 August 2023 | 1 SVC = 0.5371 MYR |
| 08 August 2023 | 1 SVC = 0.5344 MYR |
| 09 August 2023 | 1 SVC = 0.5370 MYR |
| 10 August 2023 | 1 SVC = 0.5355 MYR |
| 11 August 2023 | 1 SVC = 0.5356 MYR |
| 12 August 2023 | 1 SVC = 0.5239 MYR |
| 14 August 2023 | 1 SVC = 0.5354 MYR |
| 15 August 2023 | 1 SVC = 0.5409 MYR |
| 16 August 2023 | 1 SVC = 0.5430 MYR |
| 17 August 2023 | 1 SVC = 0.5424 MYR |
| 18 August 2023 | 1 SVC = 0.5451 MYR |
| 20 August 2023 | 1 SVC = 0.5309 MYR |
| 21 August 2023 | 1 SVC = 0.5460 MYR |
| 22 August 2023 | 1 SVC = 0.5451 MYR |
| 23 August 2023 | 1 SVC = 0.5447 MYR |
| 24 August 2023 | 1 SVC = 0.5448 MYR |
| 25 August 2023 | 1 SVC = 0.5444 MYR |
| 28 August 2023 | 1 SVC = 0.5435 MYR |
| 29 August 2023 | 1 SVC = 0.5455 MYR |
| 30 August 2023 | 1 SVC = 0.5446 MYR |
| 31 August 2023 | 1 SVC = 0.5433 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.
29/08/1975: 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.