Historic Salvadoran Colón Malaysian ringgit

Salvadoran Colón malaysian ringgit history for February 2024. The highest quote for this month is 0.56303 (21/02/2024) and the lowest 0.56233 (21/02/2024). The difference between high and low is 0.12.

SVC MYR average rate for February 2024 is 0.55483, the change between 01/02/2024 and 29/02/2024 is -0.86 %.

01 February 20241 SVC = 0.5553 MYR
02 February 20241 SVC = 0.5543 MYR
03 February 20241 SVC = 0.5389 MYR
04 February 20241 SVC = 0.5389 MYR
05 February 20241 SVC = 0.5478 MYR
06 February 20241 SVC = 0.5562 MYR
07 February 20241 SVC = 0.5583 MYR
08 February 20241 SVC = 0.5580 MYR
09 February 20241 SVC = 0.5588 MYR
10 February 20241 SVC = 0.5437 MYR
12 February 20241 SVC = 0.5590 MYR
13 February 20241 SVC = 0.5586 MYR
14 February 20241 SVC = 0.5586 MYR
15 February 20241 SVC = 0.5610 MYR
16 February 20241 SVC = 0.5606 MYR
17 February 20241 SVC = 0.5460 MYR
18 February 20241 SVC = 0.5460 MYR
19 February 20241 SVC = 0.5602 MYR
20 February 20241 SVC = 0.5612 MYR
21 February 20241 SVC = 0.5624 MYR
22 February 20241 SVC = 0.5620 MYR
23 February 20241 SVC = 0.5597 MYR
24 February 20241 SVC = 0.5457 MYR
25 February 20241 SVC = 0.5457 MYR
26 February 20241 SVC = 0.5601 MYR
27 February 20241 SVC = 0.5600 MYR
28 February 20241 SVC = 0.5583 MYR
29 February 20241 SVC = 0.5601 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.