Malaysian ringgit dominican peso exchange rate history (MYR DOP) December 2023

Malaysian ringgit dominican peso history for December 2023. The highest quote for this month is 12.437 (24/12/2023) and the lowest 12.518 (29/12/2023). The difference between high and low is -0.65.

MYR DOP average rate for December 2023 is 12.21032, the change between 01/12/2023 and 31/12/2023 is -2.92 %.

01 December 2023	1 MYR = 12.14 DOP
02 December 2023	1 MYR = 12.13 DOP
03 December 2023	1 MYR = 12.13 DOP
04 December 2023	1 MYR = 12.04 DOP
05 December 2023	1 MYR = 12.11 DOP
06 December 2023	1 MYR = 12.14 DOP
07 December 2023	1 MYR = 12.03 DOP
08 December 2023	1 MYR = 12.14 DOP
10 December 2023	1 MYR = 12.19 DOP
11 December 2023	1 MYR = 12.08 DOP
12 December 2023	1 MYR = 12.12 DOP
13 December 2023	1 MYR = 12.14 DOP
14 December 2023	1 MYR = 11.96 DOP
15 December 2023	1 MYR = 12.20 DOP
16 December 2023	1 MYR = 12.24 DOP
17 December 2023	1 MYR = 12.24 DOP
18 December 2023	1 MYR = 12.16 DOP
19 December 2023	1 MYR = 12.15 DOP
20 December 2023	1 MYR = 12.19 DOP
21 December 2023	1 MYR = 12.31 DOP
22 December 2023	1 MYR = 12.33 DOP
23 December 2023	1 MYR = 12.44 DOP
24 December 2023	1 MYR = 12.44 DOP
25 December 2023	1 MYR = 12.24 DOP
26 December 2023	1 MYR = 12.31 DOP
27 December 2023	1 MYR = 12.40 DOP
28 December 2023	1 MYR = 12.43 DOP
29 December 2023	1 MYR = 12.50 DOP

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.

01/10/2018: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

12/08/2015: Ringgit Depreciation

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

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

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.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary stability.

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.

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.

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.

Historic Malaysian ringgit Dominican Peso