Historic Malaysian ringgit Aruban florin

Malaysian ringgit aruban florin history for January 2024. The highest quote for this month is 0.39031 (01/01/2024) and the lowest 0.39002 (02/01/2024). The difference between high and low is 0.07.

MYR AWG average rate for January 2024 is 0.38306, the change between 01/01/2024 and 31/01/2024 is +2.95 %.

01 January 20241 MYR = 0.3903 AWG
02 January 20241 MYR = 0.3898 AWG
03 January 20241 MYR = 0.3891 AWG
04 January 20241 MYR = 0.3896 AWG
05 January 20241 MYR = 0.3869 AWG
06 January 20241 MYR = 0.3847 AWG
07 January 20241 MYR = 0.3853 AWG
08 January 20241 MYR = 0.3848 AWG
09 January 20241 MYR = 0.3850 AWG
10 January 20241 MYR = 0.3857 AWG
11 January 20241 MYR = 0.3862 AWG
12 January 20241 MYR = 0.3855 AWG
14 January 20241 MYR = 0.3854 AWG
15 January 20241 MYR = 0.3854 AWG
16 January 20241 MYR = 0.3835 AWG
17 January 20241 MYR = 0.3860 AWG
18 January 20241 MYR = 0.3796 AWG
19 January 20241 MYR = 0.3802 AWG
22 January 20241 MYR = 0.3799 AWG
23 January 20241 MYR = 0.3795 AWG
24 January 20241 MYR = 0.3795 AWG
25 January 20241 MYR = 0.3650 AWG
26 January 20241 MYR = 0.3796 AWG
28 January 20241 MYR = 0.3788 AWG
29 January 20241 MYR = 0.3799 AWG
30 January 20241 MYR = 0.3788 AWG
31 January 20241 MYR = 0.3788 AWG

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.

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

12/08/2015: Ringgit Depreciation

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

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

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.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

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.

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

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.