Historic Paraguayan Guaraní Malaysian ringgit

Paraguayan Guaraní malaysian ringgit history for August 2023. The highest quote for this month is 0.00065 (21/08/2023) and the lowest 0.000652 (21/08/2023). The difference between high and low is -0.31.

PYG MYR average rate for August 2023 is 0.00064, the change between 01/08/2023 and 31/08/2023 is -2.37 %.

01 August 20231 PYG = 0.0006 MYR
02 August 20231 PYG = 0.0006 MYR
03 August 20231 PYG = 0.0006 MYR
04 August 20231 PYG = 0.0006 MYR
07 August 20231 PYG = 0.0006 MYR
08 August 20231 PYG = 0.0006 MYR
09 August 20231 PYG = 0.0006 MYR
10 August 20231 PYG = 0.0006 MYR
11 August 20231 PYG = 0.0006 MYR
12 August 20231 PYG = 0.0006 MYR
14 August 20231 PYG = 0.0006 MYR
15 August 20231 PYG = 0.0006 MYR
16 August 20231 PYG = 0.0006 MYR
17 August 20231 PYG = 0.0006 MYR
18 August 20231 PYG = 0.0007 MYR
19 August 20231 PYG = 0.0006 MYR
20 August 20231 PYG = 0.0006 MYR
21 August 20231 PYG = 0.0007 MYR
22 August 20231 PYG = 0.0007 MYR
23 August 20231 PYG = 0.0007 MYR
24 August 20231 PYG = 0.0007 MYR
25 August 20231 PYG = 0.0006 MYR
28 August 20231 PYG = 0.0006 MYR
29 August 20231 PYG = 0.0007 MYR
30 August 20231 PYG = 0.0006 MYR
31 August 20231 PYG = 0.0006 MYR

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.

31/07/2013: Polymer Banknotes Issued

Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.

24/10/2011: Currency Redenomination

A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.

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.

12/06/1995: Introduction of New Banknotes

New banknotes were introduced, featuring enhanced security features and updated designs.

01/03/1990: New Currency Symbol

A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.

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.

12/04/1982: Decree on Currency Stability

The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.

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.

30/10/1953: Monetary Reform

A new monetary reform was implemented, replacing existing banknotes with new designs.

04/03/1943: Paraguayan Guaraní Introduced

The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.