Historic Barbadian dollar Malaysian ringgit

Barbadian dollar malaysian ringgit history for January 2024. The highest quote for this month is 2.4005 (23/01/2024) and the lowest 2.3987 (31/01/2024). The difference between high and low is 0.07.

BBD MYR average rate for January 2024 is 2.36078, the change between 01/01/2024 and 31/01/2024 is -3.15 %.

01 January 20241 BBD = 2.322 MYR
02 January 20241 BBD = 2.320 MYR
03 January 20241 BBD = 2.331 MYR
04 January 20241 BBD = 2.334 MYR
05 January 20241 BBD = 2.348 MYR
06 January 20241 BBD = 2.326 MYR
07 January 20241 BBD = 2.323 MYR
08 January 20241 BBD = 2.364 MYR
09 January 20241 BBD = 2.357 MYR
10 January 20241 BBD = 2.353 MYR
11 January 20241 BBD = 2.352 MYR
12 January 20241 BBD = 2.353 MYR
13 January 20241 BBD = 2.323 MYR
14 January 20241 BBD = 2.323 MYR
15 January 20241 BBD = 2.357 MYR
16 January 20241 BBD = 2.367 MYR
17 January 20241 BBD = 2.350 MYR
18 January 20241 BBD = 2.390 MYR
19 January 20241 BBD = 2.390 MYR
22 January 20241 BBD = 2.390 MYR
23 January 20241 BBD = 2.395 MYR
24 January 20241 BBD = 2.395 MYR
25 January 20241 BBD = 2.396 MYR
26 January 20241 BBD = 2.396 MYR
28 January 20241 BBD = 2.363 MYR
29 January 20241 BBD = 2.392 MYR
30 January 20241 BBD = 2.400 MYR
31 January 20241 BBD = 2.395 MYR

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
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