Historic South African rand Malaysian ringgit

South African rand malaysian ringgit history for November 2023. The highest quote for this month is 0.2583 (15/11/2023) and the lowest 0.25948 (03/11/2023). The difference between high and low is -0.46.

ZAR MYR average rate for November 2023 is 0.25304, the change between 01/11/2023 and 30/11/2023 is +2.46 %.

01 November 20231 ZAR = 0.2557 MYR
02 November 20231 ZAR = 0.2585 MYR
03 November 20231 ZAR = 0.2581 MYR
06 November 20231 ZAR = 0.2588 MYR
07 November 20231 ZAR = 0.2533 MYR
08 November 20231 ZAR = 0.2527 MYR
09 November 20231 ZAR = 0.2533 MYR
10 November 20231 ZAR = 0.2514 MYR
11 November 20231 ZAR = 0.2515 MYR
12 November 20231 ZAR = 0.2513 MYR
13 November 20231 ZAR = 0.2505 MYR
14 November 20231 ZAR = 0.2520 MYR
15 November 20231 ZAR = 0.2589 MYR
16 November 20231 ZAR = 0.2569 MYR
17 November 20231 ZAR = 0.2543 MYR
18 November 20231 ZAR = 0.2547 MYR
19 November 20231 ZAR = 0.2547 MYR
20 November 20231 ZAR = 0.2547 MYR
21 November 20231 ZAR = 0.2545 MYR
22 November 20231 ZAR = 0.2499 MYR
23 November 20231 ZAR = 0.2478 MYR
24 November 20231 ZAR = 0.2487 MYR
26 November 20231 ZAR = 0.2488 MYR
27 November 20231 ZAR = 0.2493 MYR
28 November 20231 ZAR = 0.2511 MYR
29 November 20231 ZAR = 0.2515 MYR
30 November 20231 ZAR = 0.2494 MYR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

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.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
ZAR MYR July 2023
ZAR MYR August 2023
ZAR MYR September 2023
ZAR MYR October 2023
ZAR MYR November 2023
ZAR MYR December 2023
ZAR MYR January 2024
ZAR MYR February 2024
ZAR MYR March 2024
ZAR MYR April 2024
ZAR MYR May 2024
ZAR MYR June 2024
ZAR MYR July 2024