Historic Kenyan shilling Malaysian ringgit

Kenyan shilling malaysian ringgit history for December 2023. The highest quote for this month is 0.030863 (13/12/2023) and the lowest 0.030809 (06/12/2023). The difference between high and low is 0.17.

KES MYR average rate for December 2023 is 0.03036, the change between 01/12/2023 and 31/12/2023 is +3.49 %.

01 December 20231 KES = 0.0306 MYR
02 December 20231 KES = 0.0305 MYR
03 December 20231 KES = 0.0305 MYR
04 December 20231 KES = 0.0309 MYR
05 December 20231 KES = 0.0307 MYR
06 December 20231 KES = 0.0306 MYR
07 December 20231 KES = 0.0306 MYR
08 December 20231 KES = 0.0305 MYR
10 December 20231 KES = 0.0304 MYR
11 December 20231 KES = 0.0304 MYR
12 December 20231 KES = 0.0307 MYR
13 December 20231 KES = 0.0307 MYR
14 December 20231 KES = 0.0308 MYR
15 December 20231 KES = 0.0306 MYR
16 December 20231 KES = 0.0304 MYR
17 December 20231 KES = 0.0304 MYR
18 December 20231 KES = 0.0303 MYR
19 December 20231 KES = 0.0306 MYR
20 December 20231 KES = 0.0305 MYR
21 December 20231 KES = 0.0302 MYR
22 December 20231 KES = 0.0301 MYR
23 December 20231 KES = 0.0298 MYR
24 December 20231 KES = 0.0298 MYR
25 December 20231 KES = 0.0303 MYR
26 December 20231 KES = 0.0301 MYR
27 December 20231 KES = 0.0299 MYR
28 December 20231 KES = 0.0297 MYR
29 December 20231 KES = 0.0295 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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

12/08/2015: Ringgit Depreciation

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

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

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.

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

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.

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

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.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

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.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.