Historic Bahamian dollar Malaysian ringgit

Bahamian dollar malaysian ringgit history for January 2024. The highest quote for this month is 4.7673 (23/01/2024) and the lowest 4.7632 (31/01/2024). The difference between high and low is 0.09.

BSD MYR average rate for January 2024 is 4.69624, the change between 01/01/2024 and 31/01/2024 is -3.12 %.

01 January 20241 BSD = 4.613 MYR
02 January 20241 BSD = 4.609 MYR
03 January 20241 BSD = 4.629 MYR
04 January 20241 BSD = 4.635 MYR
05 January 20241 BSD = 4.663 MYR
06 January 20241 BSD = 4.653 MYR
07 January 20241 BSD = 4.646 MYR
08 January 20241 BSD = 4.695 MYR
09 January 20241 BSD = 4.681 MYR
10 January 20241 BSD = 4.672 MYR
11 January 20241 BSD = 4.671 MYR
12 January 20241 BSD = 4.673 MYR
14 January 20241 BSD = 4.645 MYR
15 January 20241 BSD = 4.681 MYR
16 January 20241 BSD = 4.702 MYR
17 January 20241 BSD = 4.667 MYR
18 January 20241 BSD = 4.746 MYR
19 January 20241 BSD = 4.746 MYR
22 January 20241 BSD = 4.746 MYR
23 January 20241 BSD = 4.756 MYR
24 January 20241 BSD = 4.757 MYR
25 January 20241 BSD = 4.758 MYR
26 January 20241 BSD = 4.757 MYR
28 January 20241 BSD = 4.725 MYR
29 January 20241 BSD = 4.751 MYR
30 January 20241 BSD = 4.765 MYR
31 January 20241 BSD = 4.757 MYR

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.

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

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.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

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.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.
BSD MYR January 2024
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