Historic Australian dollar Malaysian ringgit

Australian dollar malaysian ringgit history for October 2023. The highest quote for this month is 3.0312 (24/10/2023) and the lowest 3.0506 (25/10/2023). The difference between high and low is -0.64.

AUD MYR average rate for October 2023 is 3.01326, the change between 01/10/2023 and 31/10/2023 is -0.41 %.

01 October 20231 AUD = 3.020 MYR
02 October 20231 AUD = 3.021 MYR
03 October 20231 AUD = 3.000 MYR
04 October 20231 AUD = 2.979 MYR
05 October 20231 AUD = 2.993 MYR
06 October 20231 AUD = 3.010 MYR
07 October 20231 AUD = 3.008 MYR
09 October 20231 AUD = 3.002 MYR
10 October 20231 AUD = 3.037 MYR
11 October 20231 AUD = 3.039 MYR
12 October 20231 AUD = 3.027 MYR
13 October 20231 AUD = 2.975 MYR
16 October 20231 AUD = 2.984 MYR
17 October 20231 AUD = 3.000 MYR
18 October 20231 AUD = 3.012 MYR
19 October 20231 AUD = 3.003 MYR
20 October 20231 AUD = 3.013 MYR
21 October 20231 AUD = 3.010 MYR
22 October 20231 AUD = 3.011 MYR
23 October 20231 AUD = 3.012 MYR
24 October 20231 AUD = 3.019 MYR
25 October 20231 AUD = 3.045 MYR
26 October 20231 AUD = 3.008 MYR
27 October 20231 AUD = 3.031 MYR
28 October 20231 AUD = 3.026 MYR
29 October 20231 AUD = 3.026 MYR
30 October 20231 AUD = 3.028 MYR
31 October 20231 AUD = 3.033 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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