Historic Singapore dollar Malaysian ringgit

Singapore dollar malaysian ringgit history for December 2023. The highest quote for this month is 3.5295 (14/12/2023) and the lowest 3.5222 (25/12/2023). The difference between high and low is 0.21.

SGD MYR average rate for December 2023 is 3.49812, the change between 01/12/2023 and 31/12/2023 is -0.17 %.

01 December 20231 SGD = 3.483 MYR
02 December 20231 SGD = 3.503 MYR
03 December 20231 SGD = 3.503 MYR
04 December 20231 SGD = 3.505 MYR
05 December 20231 SGD = 3.491 MYR
06 December 20231 SGD = 3.478 MYR
07 December 20231 SGD = 3.478 MYR
08 December 20231 SGD = 3.488 MYR
09 December 20231 SGD = 3.475 MYR
10 December 20231 SGD = 3.479 MYR
11 December 20231 SGD = 3.476 MYR
12 December 20231 SGD = 3.483 MYR
13 December 20231 SGD = 3.491 MYR
14 December 20231 SGD = 3.525 MYR
15 December 20231 SGD = 3.516 MYR
16 December 20231 SGD = 3.505 MYR
17 December 20231 SGD = 3.505 MYR
18 December 20231 SGD = 3.503 MYR
19 December 20231 SGD = 3.522 MYR
20 December 20231 SGD = 3.525 MYR
21 December 20231 SGD = 3.496 MYR
22 December 20231 SGD = 3.508 MYR
23 December 20231 SGD = 3.497 MYR
24 December 20231 SGD = 3.497 MYR
25 December 20231 SGD = 3.520 MYR
26 December 20231 SGD = 3.495 MYR
27 December 20231 SGD = 3.504 MYR
28 December 20231 SGD = 3.506 MYR
29 December 20231 SGD = 3.489 MYR

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

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.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
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