Historic Brazilian Real Malaysian ringgit

Brazilian Real malaysian ringgit history for October 2023. The highest quote for this month is 0.9589 (27/10/2023) and the lowest 0.9675 (27/10/2023). The difference between high and low is -0.9.

BRL MYR average rate for October 2023 is 0.93818, the change between 01/10/2023 and 31/10/2023 is -1.14 %.

01 October 20231 BRL = 0.9327 MYR
02 October 20231 BRL = 0.9306 MYR
03 October 20231 BRL = 0.9314 MYR
04 October 20231 BRL = 0.9140 MYR
05 October 20231 BRL = 0.9174 MYR
06 October 20231 BRL = 0.9148 MYR
07 October 20231 BRL = 0.9152 MYR
09 October 20231 BRL = 0.9155 MYR
10 October 20231 BRL = 0.9210 MYR
11 October 20231 BRL = 0.9353 MYR
12 October 20231 BRL = 0.9339 MYR
13 October 20231 BRL = 0.9334 MYR
16 October 20231 BRL = 0.9362 MYR
17 October 20231 BRL = 0.9396 MYR
18 October 20231 BRL = 0.9398 MYR
19 October 20231 BRL = 0.9379 MYR
20 October 20231 BRL = 0.9407 MYR
21 October 20231 BRL = 0.9471 MYR
22 October 20231 BRL = 0.9469 MYR
23 October 20231 BRL = 0.9471 MYR
24 October 20231 BRL = 0.9507 MYR
25 October 20231 BRL = 0.9592 MYR
26 October 20231 BRL = 0.9564 MYR
27 October 20231 BRL = 0.9596 MYR
28 October 20231 BRL = 0.9523 MYR
29 October 20231 BRL = 0.9526 MYR
30 October 20231 BRL = 0.9645 MYR
31 October 20231 BRL = 0.9433 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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

12/08/2015: Ringgit Depreciation

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

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

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.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.

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.