Historic Iranian Rial Malaysian ringgit

Iranian Rial malaysian ringgit history for October 2023. The highest quote for this month is 0.000114 (20/10/2023) and the lowest 0.000114 (24/10/2023). The difference between high and low is 0.

IRR MYR average rate for October 2023 is 0.00011, the change between 01/10/2023 and 31/10/2023 is -0.89 %.

01 October 20231 IRR = 0.0001 MYR
02 October 20231 IRR = 0.0001 MYR
03 October 20231 IRR = 0.0001 MYR
04 October 20231 IRR = 0.0001 MYR
05 October 20231 IRR = 0.0001 MYR
06 October 20231 IRR = 0.0001 MYR
07 October 20231 IRR = 0.0001 MYR
09 October 20231 IRR = 0.0001 MYR
10 October 20231 IRR = 0.0001 MYR
11 October 20231 IRR = 0.0001 MYR
12 October 20231 IRR = 0.0001 MYR
13 October 20231 IRR = 0.0001 MYR
16 October 20231 IRR = 0.0001 MYR
17 October 20231 IRR = 0.0001 MYR
18 October 20231 IRR = 0.0001 MYR
19 October 20231 IRR = 0.0001 MYR
20 October 20231 IRR = 0.0001 MYR
21 October 20231 IRR = 0.0001 MYR
22 October 20231 IRR = 0.0001 MYR
23 October 20231 IRR = 0.0001 MYR
24 October 20231 IRR = 0.0001 MYR
25 October 20231 IRR = 0.0001 MYR
26 October 20231 IRR = 0.0001 MYR
27 October 20231 IRR = 0.0001 MYR
29 October 20231 IRR = 0.0001 MYR
30 October 20231 IRR = 0.0001 MYR
31 October 20231 IRR = 0.0001 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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.