Historic Pound sterling Malaysian ringgit

Pound sterling malaysian ringgit history for June 2023. The highest quote for this month is 5.9489 (26/06/2023) and the lowest 5.9522 (26/06/2023). The difference between high and low is -0.06.

GBP MYR average rate for June 2023 is 5.84278, the change between 01/06/2023 and 30/06/2023 is -2.58 %.

01 June 20231 GBP = 5.74 MYR
02 June 20231 GBP = 5.78 MYR
05 June 20231 GBP = 5.69 MYR
06 June 20231 GBP = 5.69 MYR
07 June 20231 GBP = 5.72 MYR
08 June 20231 GBP = 5.73 MYR
09 June 20231 GBP = 5.80 MYR
12 June 20231 GBP = 5.80 MYR
13 June 20231 GBP = 5.78 MYR
14 June 20231 GBP = 5.82 MYR
15 June 20231 GBP = 5.85 MYR
16 June 20231 GBP = 5.91 MYR
19 June 20231 GBP = 5.92 MYR
20 June 20231 GBP = 5.92 MYR
21 June 20231 GBP = 5.92 MYR
22 June 20231 GBP = 5.93 MYR
23 June 20231 GBP = 5.92 MYR
26 June 20231 GBP = 5.95 MYR
27 June 20231 GBP = 5.94 MYR
28 June 20231 GBP = 5.94 MYR
29 June 20231 GBP = 5.90 MYR
30 June 20231 GBP = 5.89 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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

12/08/2015: Ringgit Depreciation

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

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal 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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.