Historic Australian dollar Malaysian ringgit

Australian dollar malaysian ringgit history for November 2023. The highest quote for this month is 3.0893 (28/11/2023) and the lowest 3.1098 (28/11/2023). The difference between high and low is -0.66.

AUD MYR average rate for November 2023 is 3.04164, the change between 01/11/2023 and 30/11/2023 is -2.44 %.

01 November 20231 AUD = 3.018 MYR
02 November 20231 AUD = 3.063 MYR
03 November 20231 AUD = 3.053 MYR
06 November 20231 AUD = 3.080 MYR
07 November 20231 AUD = 3.007 MYR
08 November 20231 AUD = 2.979 MYR
09 November 20231 AUD = 2.999 MYR
10 November 20231 AUD = 2.984 MYR
11 November 20231 AUD = 2.997 MYR
12 November 20231 AUD = 2.992 MYR
13 November 20231 AUD = 2.985 MYR
14 November 20231 AUD = 3.003 MYR
15 November 20231 AUD = 3.066 MYR
16 November 20231 AUD = 3.041 MYR
17 November 20231 AUD = 3.022 MYR
18 November 20231 AUD = 3.046 MYR
19 November 20231 AUD = 3.049 MYR
20 November 20231 AUD = 3.042 MYR
21 November 20231 AUD = 3.061 MYR
22 November 20231 AUD = 3.050 MYR
23 November 20231 AUD = 3.059 MYR
24 November 20231 AUD = 3.068 MYR
26 November 20231 AUD = 3.084 MYR
27 November 20231 AUD = 3.082 MYR
28 November 20231 AUD = 3.096 MYR
29 November 20231 AUD = 3.110 MYR
30 November 20231 AUD = 3.091 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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