Historic Malaysian ringgit Iraqi dinar

Malaysian ringgit iraqi dinar history for February 2024. The highest quote for this month is 277.6 (03/02/2024) and the lowest 277.62 (04/02/2024). The difference between high and low is -0.01.

MYR IQD average rate for February 2024 is 273.3437, the change between 01/02/2024 and 29/02/2024 is +2.99 %.

01 February 20241 MYR = 276.7 IQD
02 February 20241 MYR = 276.8 IQD
03 February 20241 MYR = 277.6 IQD
04 February 20241 MYR = 277.6 IQD
05 February 20241 MYR = 274.5 IQD
06 February 20241 MYR = 270.4 IQD
07 February 20241 MYR = 274.6 IQD
08 February 20241 MYR = 274.6 IQD
09 February 20241 MYR = 274.4 IQD
12 February 20241 MYR = 269.0 IQD
13 February 20241 MYR = 274.7 IQD
14 February 20241 MYR = 274.6 IQD
15 February 20241 MYR = 273.5 IQD
16 February 20241 MYR = 273.8 IQD
17 February 20241 MYR = 274.0 IQD
18 February 20241 MYR = 274.0 IQD
19 February 20241 MYR = 268.4 IQD
20 February 20241 MYR = 267.9 IQD
21 February 20241 MYR = 272.7 IQD
22 February 20241 MYR = 272.9 IQD
23 February 20241 MYR = 273.9 IQD
24 February 20241 MYR = 274.1 IQD
25 February 20241 MYR = 274.1 IQD
26 February 20241 MYR = 268.4 IQD
27 February 20241 MYR = 273.9 IQD
28 February 20241 MYR = 274.8 IQD
29 February 20241 MYR = 268.5 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

12/08/2015: Ringgit Depreciation

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

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
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