Bahamian dollar malaysian ringgit exchange rate history (BSD MYR) October 2023

Bahamian dollar malaysian ringgit history for October 2023. The highest quote for this month is 4.8233 (23/10/2023) and the lowest 4.8435 (24/10/2023). The difference between high and low is -0.42.

BSD MYR average rate for October 2023 is 4.76852, the change between 01/10/2023 and 31/10/2023 is -2.16 %.

01 October 2023	1 BSD = 4.694 MYR
02 October 2023	1 BSD = 4.714 MYR
03 October 2023	1 BSD = 4.744 MYR
04 October 2023	1 BSD = 4.752 MYR
05 October 2023	1 BSD = 4.766 MYR
06 October 2023	1 BSD = 4.770 MYR
07 October 2023	1 BSD = 4.710 MYR
09 October 2023	1 BSD = 4.764 MYR
10 October 2023	1 BSD = 4.762 MYR
11 October 2023	1 BSD = 4.753 MYR
12 October 2023	1 BSD = 4.747 MYR
13 October 2023	1 BSD = 4.741 MYR
16 October 2023	1 BSD = 4.756 MYR
17 October 2023	1 BSD = 4.764 MYR
18 October 2023	1 BSD = 4.772 MYR
19 October 2023	1 BSD = 4.773 MYR
20 October 2023	1 BSD = 4.796 MYR
21 October 2023	1 BSD = 4.765 MYR
22 October 2023	1 BSD = 4.765 MYR
23 October 2023	1 BSD = 4.806 MYR
24 October 2023	1 BSD = 4.799 MYR
25 October 2023	1 BSD = 4.819 MYR
26 October 2023	1 BSD = 4.809 MYR
27 October 2023	1 BSD = 4.815 MYR
28 October 2023	1 BSD = 4.776 MYR
29 October 2023	1 BSD = 4.776 MYR
30 October 2023	1 BSD = 4.819 MYR
31 October 2023	1 BSD = 4.795 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.

Historic Bahamian dollar Malaysian ringgit