Historic Malaysian ringgit Romanian leu

Malaysian ringgit romanian leu history for January 2024. The highest quote for this month is 0.9855 (02/01/2024) and the lowest 0.9812 (03/01/2024). The difference between high and low is 0.44.

MYR RON average rate for January 2024 is 0.97465, the change between 01/01/2024 and 31/01/2024 is +1.07 %.

01 January 20241 MYR = 0.9805 RON
02 January 20241 MYR = 0.9798 RON
03 January 20241 MYR = 0.9863 RON
04 January 20241 MYR = 0.9879 RON
05 January 20241 MYR = 0.9797 RON
07 January 20241 MYR = 0.9751 RON
08 January 20241 MYR = 0.9737 RON
09 January 20241 MYR = 0.9756 RON
10 January 20241 MYR = 0.9790 RON
11 January 20241 MYR = 0.9752 RON
12 January 20241 MYR = 0.9740 RON
13 January 20241 MYR = 0.9780 RON
14 January 20241 MYR = 0.9774 RON
15 January 20241 MYR = 0.9763 RON
16 January 20241 MYR = 0.9727 RON
17 January 20241 MYR = 0.9841 RON
18 January 20241 MYR = 0.9685 RON
19 January 20241 MYR = 0.9692 RON
22 January 20241 MYR = 0.9703 RON
23 January 20241 MYR = 0.9674 RON
24 January 20241 MYR = 0.9692 RON
25 January 20241 MYR = 0.9666 RON
26 January 20241 MYR = 0.9692 RON
28 January 20241 MYR = 0.9707 RON
29 January 20241 MYR = 0.9694 RON
30 January 20241 MYR = 0.9697 RON
31 January 20241 MYR = 0.9700 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.