Historic Malaysian ringgit Bahamian dollar

Malaysian ringgit bahamian dollar history for August 2023. The highest quote for this month is 0.22041 (01/08/2023) and the lowest 0.22067 (01/08/2023). The difference between high and low is -0.12.

MYR BSD average rate for August 2023 is 0.21588, the change between 01/08/2023 and 31/08/2023 is +2.36 %.

01 August 20231 MYR = 0.2196 BSD
02 August 20231 MYR = 0.2199 BSD
03 August 20231 MYR = 0.2185 BSD
04 August 20231 MYR = 0.2187 BSD
07 August 20231 MYR = 0.2169 BSD
08 August 20231 MYR = 0.2179 BSD
09 August 20231 MYR = 0.2169 BSD
10 August 20231 MYR = 0.2175 BSD
11 August 20231 MYR = 0.2175 BSD
12 August 20231 MYR = 0.2181 BSD
14 August 20231 MYR = 0.2175 BSD
15 August 20231 MYR = 0.2153 BSD
16 August 20231 MYR = 0.2145 BSD
17 August 20231 MYR = 0.2148 BSD
18 August 20231 MYR = 0.2137 BSD
19 August 20231 MYR = 0.2153 BSD
20 August 20231 MYR = 0.2153 BSD
21 August 20231 MYR = 0.2133 BSD
22 August 20231 MYR = 0.2137 BSD
23 August 20231 MYR = 0.2139 BSD
24 August 20231 MYR = 0.2138 BSD
25 August 20231 MYR = 0.2140 BSD
28 August 20231 MYR = 0.2144 BSD
29 August 20231 MYR = 0.2136 BSD
30 August 20231 MYR = 0.2139 BSD
31 August 20231 MYR = 0.2144 BSD

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.

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

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.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

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.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.