Malaysian ringgit bermudian dollar exchange rate history (MYR BMD) August 2023

Malaysian ringgit bermudian dollar history for August 2023. The highest quote for this month is 0.22085 (01/08/2023) and the lowest 0.222 (01/08/2023). The difference between high and low is -0.52.

MYR BMD average rate for August 2023 is 0.2173, the change between 01/08/2023 and 31/08/2023 is +2.36 %.

01 August 2023	1 MYR = 0.2209 BMD
02 August 2023	1 MYR = 0.2213 BMD
03 August 2023	1 MYR = 0.2196 BMD
04 August 2023	1 MYR = 0.2202 BMD
05 August 2023	1 MYR = 0.2197 BMD
07 August 2023	1 MYR = 0.2197 BMD
08 August 2023	1 MYR = 0.2195 BMD
09 August 2023	1 MYR = 0.2183 BMD
10 August 2023	1 MYR = 0.2189 BMD
11 August 2023	1 MYR = 0.2188 BMD
12 August 2023	1 MYR = 0.2181 BMD
14 August 2023	1 MYR = 0.2181 BMD
15 August 2023	1 MYR = 0.2166 BMD
16 August 2023	1 MYR = 0.2158 BMD
17 August 2023	1 MYR = 0.2161 BMD
18 August 2023	1 MYR = 0.2151 BMD
20 August 2023	1 MYR = 0.2153 BMD
21 August 2023	1 MYR = 0.2153 BMD
22 August 2023	1 MYR = 0.2152 BMD
23 August 2023	1 MYR = 0.2152 BMD
24 August 2023	1 MYR = 0.2152 BMD
25 August 2023	1 MYR = 0.2154 BMD
28 August 2023	1 MYR = 0.2156 BMD
29 August 2023	1 MYR = 0.2150 BMD
30 August 2023	1 MYR = 0.2154 BMD
31 August 2023	1 MYR = 0.2156 BMD

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.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

12/08/2015: Ringgit Depreciation

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

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

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.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

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.

Historic Malaysian ringgit Bermudian dollar