Historic Bangladeshi Taka Malaysian ringgit

Bangladeshi Taka malaysian ringgit history for January 2024. The highest quote for this month is 0.04382 (23/01/2024) and the lowest 0.043783 (31/01/2024). The difference between high and low is 0.08.

BDT MYR average rate for January 2024 is 0.04311, the change between 01/01/2024 and 31/01/2024 is -3.13 %.

01 January 20241 BDT = 0.0424 MYR
02 January 20241 BDT = 0.0424 MYR
03 January 20241 BDT = 0.0425 MYR
04 January 20241 BDT = 0.0426 MYR
05 January 20241 BDT = 0.0429 MYR
06 January 20241 BDT = 0.0426 MYR
07 January 20241 BDT = 0.0424 MYR
08 January 20241 BDT = 0.0432 MYR
09 January 20241 BDT = 0.0430 MYR
10 January 20241 BDT = 0.0430 MYR
11 January 20241 BDT = 0.0429 MYR
12 January 20241 BDT = 0.0429 MYR
13 January 20241 BDT = 0.0425 MYR
14 January 20241 BDT = 0.0424 MYR
15 January 20241 BDT = 0.0430 MYR
16 January 20241 BDT = 0.0432 MYR
17 January 20241 BDT = 0.0429 MYR
18 January 20241 BDT = 0.0436 MYR
19 January 20241 BDT = 0.0436 MYR
22 January 20241 BDT = 0.0436 MYR
23 January 20241 BDT = 0.0437 MYR
24 January 20241 BDT = 0.0437 MYR
25 January 20241 BDT = 0.0437 MYR
26 January 20241 BDT = 0.0437 MYR
28 January 20241 BDT = 0.0432 MYR
29 January 20241 BDT = 0.0437 MYR
30 January 20241 BDT = 0.0438 MYR
31 January 20241 BDT = 0.0437 MYR

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

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.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

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.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.

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.
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