Historic Guyanese dollar Malaysian ringgit

Guyanese dollar malaysian ringgit history for January 2024. The highest quote for this month is 0.023662 (23/01/2024) and the lowest 0.023663 (31/01/2024). The difference between high and low is 0.

GYD MYR average rate for January 2024 is 0.0232, the change between 01/01/2024 and 31/01/2024 is -3.2 %.

01 January 20241 GYD = 0.0229 MYR
02 January 20241 GYD = 0.0229 MYR
03 January 20241 GYD = 0.0230 MYR
04 January 20241 GYD = 0.0230 MYR
05 January 20241 GYD = 0.0232 MYR
06 January 20241 GYD = 0.0224 MYR
07 January 20241 GYD = 0.0223 MYR
08 January 20241 GYD = 0.0233 MYR
09 January 20241 GYD = 0.0232 MYR
10 January 20241 GYD = 0.0232 MYR
11 January 20241 GYD = 0.0232 MYR
12 January 20241 GYD = 0.0232 MYR
14 January 20241 GYD = 0.0223 MYR
15 January 20241 GYD = 0.0232 MYR
16 January 20241 GYD = 0.0233 MYR
17 January 20241 GYD = 0.0232 MYR
18 January 20241 GYD = 0.0236 MYR
19 January 20241 GYD = 0.0236 MYR
22 January 20241 GYD = 0.0236 MYR
23 January 20241 GYD = 0.0236 MYR
24 January 20241 GYD = 0.0236 MYR
25 January 20241 GYD = 0.0236 MYR
26 January 20241 GYD = 0.0236 MYR
28 January 20241 GYD = 0.0227 MYR
29 January 20241 GYD = 0.0236 MYR
30 January 20241 GYD = 0.0237 MYR
31 January 20241 GYD = 0.0236 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.

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

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.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

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.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.
GYD MYR June 2023
GYD MYR July 2023
GYD MYR August 2023
GYD MYR September 2023
GYD MYR October 2023
GYD MYR November 2023
GYD MYR December 2023
GYD MYR January 2024
GYD MYR February 2024
GYD MYR March 2024
GYD MYR April 2024
GYD MYR May 2024
GYD MYR June 2024