Historic Malaysian ringgit Egyptian Pound

Malaysian ringgit egyptian pound history for December 2023. The highest quote for this month is 6.7066 (29/12/2023) and the lowest 6.7517 (29/12/2023). The difference between high and low is -0.67.

MYR EGP average rate for December 2023 is 6.62212, the change between 01/12/2023 and 31/12/2023 is -1.18 %.

01 December 20231 MYR = 6.63 EGP
02 December 20231 MYR = 6.60 EGP
03 December 20231 MYR = 6.60 EGP
04 December 20231 MYR = 6.59 EGP
05 December 20231 MYR = 6.62 EGP
06 December 20231 MYR = 6.60 EGP
07 December 20231 MYR = 6.63 EGP
08 December 20231 MYR = 6.61 EGP
10 December 20231 MYR = 6.62 EGP
11 December 20231 MYR = 6.61 EGP
12 December 20231 MYR = 6.60 EGP
13 December 20231 MYR = 6.60 EGP
14 December 20231 MYR = 6.57 EGP
15 December 20231 MYR = 6.62 EGP
16 December 20231 MYR = 6.62 EGP
17 December 20231 MYR = 6.62 EGP
18 December 20231 MYR = 6.62 EGP
19 December 20231 MYR = 6.58 EGP
20 December 20231 MYR = 6.60 EGP
21 December 20231 MYR = 6.63 EGP
22 December 20231 MYR = 6.64 EGP
23 December 20231 MYR = 6.66 EGP
24 December 20231 MYR = 6.66 EGP
25 December 20231 MYR = 6.63 EGP
26 December 20231 MYR = 6.66 EGP
27 December 20231 MYR = 6.64 EGP
28 December 20231 MYR = 6.65 EGP
29 December 20231 MYR = 6.71 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate 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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.