Historic Malaysian ringgit Iranian Rial

Malaysian ringgit iranian rial history for December 2023. The highest quote for this month is 9118.03 (29/12/2023) and the lowest 9182.33 (29/12/2023). The difference between high and low is -0.71.

MYR IRR average rate for December 2023 is 9013.83821, the change between 01/12/2023 and 31/12/2023 is -1.19 %.

01 December 20231 MYR = 9018.68 IRR
02 December 20231 MYR = 8991.65 IRR
03 December 20231 MYR = 8991.65 IRR
04 December 20231 MYR = 8992.61 IRR
05 December 20231 MYR = 8993.58 IRR
06 December 20231 MYR = 9014.37 IRR
07 December 20231 MYR = 9005.68 IRR
08 December 20231 MYR = 8989.73 IRR
10 December 20231 MYR = 9009.01 IRR
11 December 20231 MYR = 9013.40 IRR
12 December 20231 MYR = 8974.36 IRR
13 December 20231 MYR = 8970.53 IRR
14 December 20231 MYR = 8940.93 IRR
15 December 20231 MYR = 8993.58 IRR
16 December 20231 MYR = 8997.43 IRR
17 December 20231 MYR = 8997.43 IRR
18 December 20231 MYR = 8993.58 IRR
19 December 20231 MYR = 8952.36 IRR
20 December 20231 MYR = 8970.53 IRR
21 December 20231 MYR = 9025.99 IRR
22 December 20231 MYR = 9031.81 IRR
23 December 20231 MYR = 9073.23 IRR
24 December 20231 MYR = 9073.23 IRR
25 December 20231 MYR = 9026.43 IRR
26 December 20231 MYR = 9077.65 IRR
27 December 20231 MYR = 9059.53 IRR
28 December 20231 MYR = 9082.56 IRR
29 December 20231 MYR = 9125.95 IRR

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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

12/08/2015: Ringgit Depreciation

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

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.