Salvadoran Colón malaysian ringgit exchange rate history (SVC MYR) October 2023

Salvadoran Colón malaysian ringgit history for October 2023. The highest quote for this month is 0.56215 (23/10/2023) and the lowest 0.56446 (24/10/2023). The difference between high and low is -0.41.

SVC MYR average rate for October 2023 is 0.55349, the change between 01/10/2023 and 31/10/2023 is -4.19 %.

01 October 2023	1 SVC = 0.5364 MYR
02 October 2023	1 SVC = 0.5494 MYR
03 October 2023	1 SVC = 0.5529 MYR
04 October 2023	1 SVC = 0.5540 MYR
05 October 2023	1 SVC = 0.5555 MYR
06 October 2023	1 SVC = 0.5560 MYR
07 October 2023	1 SVC = 0.5383 MYR
09 October 2023	1 SVC = 0.5552 MYR
10 October 2023	1 SVC = 0.5551 MYR
11 October 2023	1 SVC = 0.5540 MYR
12 October 2023	1 SVC = 0.5532 MYR
13 October 2023	1 SVC = 0.5526 MYR
16 October 2023	1 SVC = 0.5544 MYR
17 October 2023	1 SVC = 0.5553 MYR
18 October 2023	1 SVC = 0.5562 MYR
19 October 2023	1 SVC = 0.5564 MYR
20 October 2023	1 SVC = 0.5590 MYR
21 October 2023	1 SVC = 0.5446 MYR
22 October 2023	1 SVC = 0.5446 MYR
23 October 2023	1 SVC = 0.5601 MYR
24 October 2023	1 SVC = 0.5592 MYR
25 October 2023	1 SVC = 0.5616 MYR
26 October 2023	1 SVC = 0.5605 MYR
27 October 2023	1 SVC = 0.5613 MYR
28 October 2023	1 SVC = 0.5458 MYR
29 October 2023	1 SVC = 0.5458 MYR
30 October 2023	1 SVC = 0.5617 MYR
31 October 2023	1 SVC = 0.5589 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.