Historic Malaysian ringgit United States dollar

Malaysian ringgit united states dollar history for February 2024. The highest quote for this month is 0.21207 (03/02/2024) and the lowest 0.21227 (02/02/2024). The difference between high and low is -0.09.

MYR USD average rate for February 2024 is 0.20998, the change between 01/02/2024 and 29/02/2024 is +0.83 %.

01 February 20241 MYR = 0.2116 USD
02 February 20241 MYR = 0.2116 USD
03 February 20241 MYR = 0.2121 USD
04 February 20241 MYR = 0.2121 USD
05 February 20241 MYR = 0.2121 USD
06 February 20241 MYR = 0.2106 USD
07 February 20241 MYR = 0.2100 USD
08 February 20241 MYR = 0.2101 USD
09 February 20241 MYR = 0.2098 USD
10 February 20241 MYR = 0.2102 USD
12 February 20241 MYR = 0.2100 USD
13 February 20241 MYR = 0.2100 USD
14 February 20241 MYR = 0.2099 USD
15 February 20241 MYR = 0.2091 USD
16 February 20241 MYR = 0.2093 USD
17 February 20241 MYR = 0.2093 USD
18 February 20241 MYR = 0.2093 USD
19 February 20241 MYR = 0.2093 USD
20 February 20241 MYR = 0.2090 USD
21 February 20241 MYR = 0.2085 USD
22 February 20241 MYR = 0.2087 USD
23 February 20241 MYR = 0.2094 USD
24 February 20241 MYR = 0.2094 USD
25 February 20241 MYR = 0.2094 USD
26 February 20241 MYR = 0.2095 USD
27 February 20241 MYR = 0.2094 USD
28 February 20241 MYR = 0.2101 USD
29 February 20241 MYR = 0.2098 USD

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.

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.

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.

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.