Historic Malaysian ringgit Indonesian Rupiah

Malaysian ringgit indonesian rupiah history for December 2023. The highest quote for this month is 3370.9 (29/12/2023) and the lowest 3351.17 (23/12/2023). The difference between high and low is 0.59.

MYR IDR average rate for December 2023 is 3319.03724, the change between 01/12/2023 and 31/12/2023 is -0.32 %.

01 December 20231 MYR = 3338.91 IDR
02 December 20231 MYR = 3314.07 IDR
03 December 20231 MYR = 3313.85 IDR
04 December 20231 MYR = 3305.30 IDR
05 December 20231 MYR = 3323.32 IDR
06 December 20231 MYR = 3315.53 IDR
07 December 20231 MYR = 3317.26 IDR
08 December 20231 MYR = 3317.64 IDR
09 December 20231 MYR = 3325.11 IDR
10 December 20231 MYR = 3323.68 IDR
11 December 20231 MYR = 3337.31 IDR
12 December 20231 MYR = 3343.38 IDR
13 December 20231 MYR = 3325.29 IDR
14 December 20231 MYR = 3251.73 IDR
15 December 20231 MYR = 3312.21 IDR
16 December 20231 MYR = 3318.12 IDR
17 December 20231 MYR = 3318.12 IDR
18 December 20231 MYR = 3272.55 IDR
19 December 20231 MYR = 3294.13 IDR
20 December 20231 MYR = 3300.94 IDR
21 December 20231 MYR = 3332.90 IDR
22 December 20231 MYR = 3318.29 IDR
23 December 20231 MYR = 3343.92 IDR
24 December 20231 MYR = 3343.49 IDR
25 December 20231 MYR = 3311.67 IDR
26 December 20231 MYR = 3339.45 IDR
27 December 20231 MYR = 3321.83 IDR
28 December 20231 MYR = 3322.46 IDR
29 December 20231 MYR = 3349.62 IDR

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.

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

12/08/2015: Ringgit Depreciation

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

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

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.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

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: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

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.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.
MYR IDR June 2023
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