Historic Guinean franc Malaysian ringgit

Guinean franc malaysian ringgit history for January 2024. The highest quote for this month is 0.000556 (24/01/2024) and the lowest 0.000556 (28/01/2024). The difference between high and low is 0.

GNF MYR average rate for January 2024 is 0.00055, the change between 01/01/2024 and 31/01/2024 is -2.97 %.

01 January 20241 GNF = 0.0005 MYR
02 January 20241 GNF = 0.0005 MYR
03 January 20241 GNF = 0.0005 MYR
04 January 20241 GNF = 0.0005 MYR
05 January 20241 GNF = 0.0005 MYR
06 January 20241 GNF = 0.0005 MYR
07 January 20241 GNF = 0.0005 MYR
08 January 20241 GNF = 0.0005 MYR
09 January 20241 GNF = 0.0005 MYR
10 January 20241 GNF = 0.0005 MYR
11 January 20241 GNF = 0.0005 MYR
12 January 20241 GNF = 0.0005 MYR
14 January 20241 GNF = 0.0005 MYR
15 January 20241 GNF = 0.0005 MYR
16 January 20241 GNF = 0.0005 MYR
17 January 20241 GNF = 0.0005 MYR
18 January 20241 GNF = 0.0006 MYR
19 January 20241 GNF = 0.0006 MYR
22 January 20241 GNF = 0.0006 MYR
23 January 20241 GNF = 0.0006 MYR
24 January 20241 GNF = 0.0006 MYR
25 January 20241 GNF = 0.0006 MYR
26 January 20241 GNF = 0.0006 MYR
28 January 20241 GNF = 0.0006 MYR
29 January 20241 GNF = 0.0006 MYR
30 January 20241 GNF = 0.0006 MYR
31 January 20241 GNF = 0.0006 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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

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.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

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.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.
GNF MYR August 2023
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