Historic Malaysian ringgit Barbadian dollar

Malaysian ringgit barbadian dollar history for August 2023. The highest quote for this month is 0.43942 (05/08/2023) and the lowest 0.43942 (05/08/2023). The difference between high and low is 0.

MYR BBD average rate for August 2023 is 0.42943, the change between 01/08/2023 and 31/08/2023 is +2.38 %.

01 August 20231 MYR = 0.4362 BBD
02 August 20231 MYR = 0.4368 BBD
03 August 20231 MYR = 0.4339 BBD
04 August 20231 MYR = 0.4343 BBD
05 August 20231 MYR = 0.4394 BBD
07 August 20231 MYR = 0.4307 BBD
08 August 20231 MYR = 0.4329 BBD
09 August 20231 MYR = 0.4308 BBD
10 August 20231 MYR = 0.4320 BBD
11 August 20231 MYR = 0.4319 BBD
12 August 20231 MYR = 0.4363 BBD
14 August 20231 MYR = 0.4321 BBD
15 August 20231 MYR = 0.4277 BBD
16 August 20231 MYR = 0.4260 BBD
17 August 20231 MYR = 0.4265 BBD
18 August 20231 MYR = 0.4244 BBD
20 August 20231 MYR = 0.4306 BBD
21 August 20231 MYR = 0.4237 BBD
22 August 20231 MYR = 0.4244 BBD
23 August 20231 MYR = 0.4247 BBD
24 August 20231 MYR = 0.4246 BBD
25 August 20231 MYR = 0.4249 BBD
28 August 20231 MYR = 0.4257 BBD
29 August 20231 MYR = 0.4241 BBD
30 August 20231 MYR = 0.4248 BBD
31 August 20231 MYR = 0.4258 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.