Historic Malaysian ringgit Comorian Franc

Malaysian ringgit comorian franc history for January 2024. The highest quote for this month is 97.055 (06/01/2024) and the lowest 97.202 (07/01/2024). The difference between high and low is -0.15.

MYR KMF average rate for January 2024 is 96.416, the change between 01/01/2024 and 31/01/2024 is +0.49 %.

01 January 20241 MYR = 96.51 KMF
02 January 20241 MYR = 96.83 KMF
03 January 20241 MYR = 96.65 KMF
04 January 20241 MYR = 97.81 KMF
05 January 20241 MYR = 97.02 KMF
06 January 20241 MYR = 97.06 KMF
07 January 20241 MYR = 97.20 KMF
08 January 20241 MYR = 96.64 KMF
09 January 20241 MYR = 96.70 KMF
10 January 20241 MYR = 96.87 KMF
11 January 20241 MYR = 96.63 KMF
12 January 20241 MYR = 96.58 KMF
14 January 20241 MYR = 96.66 KMF
15 January 20241 MYR = 96.56 KMF
16 January 20241 MYR = 96.09 KMF
17 January 20241 MYR = 96.73 KMF
18 January 20241 MYR = 95.99 KMF
19 January 20241 MYR = 95.98 KMF
22 January 20241 MYR = 96.04 KMF
23 January 20241 MYR = 95.58 KMF
24 January 20241 MYR = 95.58 KMF
25 January 20241 MYR = 95.53 KMF
26 January 20241 MYR = 95.94 KMF
28 January 20241 MYR = 95.89 KMF
29 January 20241 MYR = 96.02 KMF
30 January 20241 MYR = 96.15 KMF
31 January 20241 MYR = 96.03 KMF

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

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: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

12/08/2015: Ringgit Depreciation

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

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

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.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.