Historic Malaysian ringgit Brunei dollar

Malaysian ringgit brunei dollar history for January 2024. The highest quote for this month is 0.28694 (06/01/2024) and the lowest 0.28657 (14/01/2024). The difference between high and low is 0.13.

MYR BND average rate for January 2024 is 0.28149, the change between 01/01/2024 and 31/01/2024 is +1.51 %.

01 January 20241 MYR = 0.2829 BND
02 January 20241 MYR = 0.2832 BND
03 January 20241 MYR = 0.2831 BND
04 January 20241 MYR = 0.2835 BND
05 January 20241 MYR = 0.2819 BND
06 January 20241 MYR = 0.2856 BND
07 January 20241 MYR = 0.2861 BND
08 January 20241 MYR = 0.2805 BND
09 January 20241 MYR = 0.2813 BND
10 January 20241 MYR = 0.2818 BND
11 January 20241 MYR = 0.2819 BND
12 January 20241 MYR = 0.2815 BND
14 January 20241 MYR = 0.2866 BND
15 January 20241 MYR = 0.2816 BND
16 January 20241 MYR = 0.2805 BND
17 January 20241 MYR = 0.2841 BND
18 January 20241 MYR = 0.2802 BND
19 January 20241 MYR = 0.2801 BND
22 January 20241 MYR = 0.2795 BND
23 January 20241 MYR = 0.2790 BND
24 January 20241 MYR = 0.2789 BND
25 January 20241 MYR = 0.2782 BND
26 January 20241 MYR = 0.2785 BND
28 January 20241 MYR = 0.2838 BND
29 January 20241 MYR = 0.2790 BND
30 January 20241 MYR = 0.2786 BND
31 January 20241 MYR = 0.2786 BND

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

12/08/2015: Ringgit Depreciation

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

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

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.