Historic Malaysian ringgit Czech koruna

Malaysian ringgit czech koruna history for January 2024. The highest quote for this month is 4.8906 (02/01/2024) and the lowest 4.8662 (02/01/2024). The difference between high and low is 0.5.

MYR CZK average rate for January 2024 is 4.84051, the change between 01/01/2024 and 31/01/2024 is +0.64 %.

01 January 20241 MYR = 4.863 CZK
02 January 20241 MYR = 4.866 CZK
03 January 20241 MYR = 4.894 CZK
04 January 20241 MYR = 4.901 CZK
05 January 20241 MYR = 4.860 CZK
06 January 20241 MYR = 4.836 CZK
07 January 20241 MYR = 4.843 CZK
08 January 20241 MYR = 4.819 CZK
09 January 20241 MYR = 4.813 CZK
10 January 20241 MYR = 4.841 CZK
11 January 20241 MYR = 4.819 CZK
12 January 20241 MYR = 4.836 CZK
14 January 20241 MYR = 4.838 CZK
15 January 20241 MYR = 4.847 CZK
16 January 20241 MYR = 4.829 CZK
17 January 20241 MYR = 4.889 CZK
18 January 20241 MYR = 4.817 CZK
19 January 20241 MYR = 4.828 CZK
22 January 20241 MYR = 4.827 CZK
23 January 20241 MYR = 4.818 CZK
24 January 20241 MYR = 4.847 CZK
25 January 20241 MYR = 4.821 CZK
26 January 20241 MYR = 4.821 CZK
28 January 20241 MYR = 4.822 CZK
29 January 20241 MYR = 4.828 CZK
30 January 20241 MYR = 4.838 CZK
31 January 20241 MYR = 4.832 CZK

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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

12/08/2015: Ringgit Depreciation

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

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

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.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.