Historic Australian dollar Malaysian ringgit

Australian dollar malaysian ringgit history for January 2024. The highest quote for this month is 3.1293 (01/01/2024) and the lowest 3.1396 (02/01/2024). The difference between high and low is -0.33.

AUD MYR average rate for January 2024 is 3.11015, the change between 01/01/2024 and 31/01/2024 is +0.51 %.

01 January 20241 AUD = 3.132 MYR
02 January 20241 AUD = 3.128 MYR
03 January 20241 AUD = 3.113 MYR
04 January 20241 AUD = 3.099 MYR
05 January 20241 AUD = 3.107 MYR
06 January 20241 AUD = 3.125 MYR
07 January 20241 AUD = 3.120 MYR
08 January 20241 AUD = 3.125 MYR
09 January 20241 AUD = 3.124 MYR
10 January 20241 AUD = 3.102 MYR
11 January 20241 AUD = 3.111 MYR
12 January 20241 AUD = 3.110 MYR
13 January 20241 AUD = 3.107 MYR
14 January 20241 AUD = 3.107 MYR
15 January 20241 AUD = 3.107 MYR
16 January 20241 AUD = 3.104 MYR
17 January 20241 AUD = 3.060 MYR
18 January 20241 AUD = 3.089 MYR
19 January 20241 AUD = 3.104 MYR
22 January 20241 AUD = 3.108 MYR
23 January 20241 AUD = 3.104 MYR
24 January 20241 AUD = 3.111 MYR
25 January 20241 AUD = 3.109 MYR
26 January 20241 AUD = 3.115 MYR
28 January 20241 AUD = 3.109 MYR
29 January 20241 AUD = 3.108 MYR
30 January 20241 AUD = 3.130 MYR
31 January 20241 AUD = 3.116 MYR

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

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.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.
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