Historic Malaysian ringgit Romanian leu

Malaysian ringgit romanian leu history for December 2023. The highest quote for this month is 0.9909 (10/12/2023) and the lowest 0.9897 (09/12/2023). The difference between high and low is 0.12.

MYR RON average rate for December 2023 is 0.97724, the change between 01/12/2023 and 31/12/2023 is +0.47 %.

01 December 20231 MYR = 0.9788 RON
03 December 20231 MYR = 0.9762 RON
04 December 20231 MYR = 0.9815 RON
05 December 20231 MYR = 0.9805 RON
06 December 20231 MYR = 0.9856 RON
07 December 20231 MYR = 0.9878 RON
08 December 20231 MYR = 0.9847 RON
09 December 20231 MYR = 0.9897 RON
10 December 20231 MYR = 0.9898 RON
11 December 20231 MYR = 0.9893 RON
12 December 20231 MYR = 0.9857 RON
13 December 20231 MYR = 0.9826 RON
14 December 20231 MYR = 0.9706 RON
15 December 20231 MYR = 0.9680 RON
16 December 20231 MYR = 0.9764 RON
17 December 20231 MYR = 0.9756 RON
18 December 20231 MYR = 0.9748 RON
19 December 20231 MYR = 0.9690 RON
20 December 20231 MYR = 0.9660 RON
21 December 20231 MYR = 0.9744 RON
22 December 20231 MYR = 0.9694 RON
24 December 20231 MYR = 0.9756 RON
25 December 20231 MYR = 0.9696 RON
26 December 20231 MYR = 0.9733 RON
27 December 20231 MYR = 0.9697 RON
28 December 20231 MYR = 0.9668 RON
29 December 20231 MYR = 0.9742 RON

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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.