Historic Malaysian ringgit United States dollar

Malaysian ringgit united states dollar history for January 2024. The highest quote for this month is 0.21775 (01/01/2024) and the lowest 0.21789 (02/01/2024). The difference between high and low is -0.06.

MYR USD average rate for January 2024 is 0.21418, the change between 01/01/2024 and 31/01/2024 is +2.82 %.

01 January 20241 MYR = 0.2178 USD
02 January 20241 MYR = 0.2178 USD
03 January 20241 MYR = 0.2173 USD
04 January 20241 MYR = 0.2173 USD
05 January 20241 MYR = 0.2158 USD
06 January 20241 MYR = 0.2149 USD
07 January 20241 MYR = 0.2153 USD
08 January 20241 MYR = 0.2150 USD
09 January 20241 MYR = 0.2151 USD
10 January 20241 MYR = 0.2155 USD
11 January 20241 MYR = 0.2155 USD
12 January 20241 MYR = 0.2154 USD
13 January 20241 MYR = 0.2152 USD
14 January 20241 MYR = 0.2153 USD
15 January 20241 MYR = 0.2153 USD
16 January 20241 MYR = 0.2143 USD
17 January 20241 MYR = 0.2153 USD
18 January 20241 MYR = 0.2121 USD
19 January 20241 MYR = 0.2121 USD
22 January 20241 MYR = 0.2122 USD
23 January 20241 MYR = 0.2117 USD
24 January 20241 MYR = 0.2117 USD
25 January 20241 MYR = 0.2116 USD
26 January 20241 MYR = 0.2115 USD
28 January 20241 MYR = 0.2116 USD
29 January 20241 MYR = 0.2116 USD
30 January 20241 MYR = 0.2113 USD
31 January 20241 MYR = 0.2116 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.
MYR USD June 2023
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