Historic Bermudian dollar Malaysian ringgit

Bermudian dollar malaysian ringgit history for February 2024. The highest quote for this month is 4.801 (21/02/2024) and the lowest 4.7895 (21/02/2024). The difference between high and low is 0.24.

BMD MYR average rate for February 2024 is 4.76246, the change between 01/02/2024 and 29/02/2024 is -0.84 %.

01 February 20241 BMD = 4.727 MYR
02 February 20241 BMD = 4.726 MYR
03 February 20241 BMD = 4.716 MYR
04 February 20241 BMD = 4.715 MYR
05 February 20241 BMD = 4.715 MYR
06 February 20241 BMD = 4.748 MYR
07 February 20241 BMD = 4.763 MYR
08 February 20241 BMD = 4.759 MYR
09 February 20241 BMD = 4.768 MYR
10 February 20241 BMD = 4.758 MYR
12 February 20241 BMD = 4.763 MYR
13 February 20241 BMD = 4.763 MYR
14 February 20241 BMD = 4.764 MYR
15 February 20241 BMD = 4.783 MYR
16 February 20241 BMD = 4.778 MYR
17 February 20241 BMD = 4.778 MYR
18 February 20241 BMD = 4.778 MYR
19 February 20241 BMD = 4.778 MYR
20 February 20241 BMD = 4.785 MYR
21 February 20241 BMD = 4.796 MYR
22 February 20241 BMD = 4.793 MYR
23 February 20241 BMD = 4.775 MYR
24 February 20241 BMD = 4.775 MYR
25 February 20241 BMD = 4.775 MYR
26 February 20241 BMD = 4.773 MYR
27 February 20241 BMD = 4.775 MYR
28 February 20241 BMD = 4.760 MYR
29 February 20241 BMD = 4.767 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.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

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.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US 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.
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