Historic Colombian Peso Malaysian ringgit

Colombian Peso malaysian ringgit history for August 2023. The highest quote for this month is 0.001154 (12/08/2023) and the lowest 0.001171 (11/08/2023). The difference between high and low is -1.47.

COP MYR average rate for August 2023 is 0.00113, the change between 01/08/2023 and 31/08/2023 is +2.33 %.

01 August 20231 COP = 0.0012 MYR
02 August 20231 COP = 0.0011 MYR
03 August 20231 COP = 0.0011 MYR
04 August 20231 COP = 0.0011 MYR
07 August 20231 COP = 0.0011 MYR
08 August 20231 COP = 0.0011 MYR
09 August 20231 COP = 0.0011 MYR
10 August 20231 COP = 0.0011 MYR
11 August 20231 COP = 0.0011 MYR
12 August 20231 COP = 0.0012 MYR
14 August 20231 COP = 0.0012 MYR
15 August 20231 COP = 0.0011 MYR
16 August 20231 COP = 0.0011 MYR
17 August 20231 COP = 0.0011 MYR
18 August 20231 COP = 0.0011 MYR
19 August 20231 COP = 0.0011 MYR
20 August 20231 COP = 0.0011 MYR
21 August 20231 COP = 0.0011 MYR
22 August 20231 COP = 0.0011 MYR
23 August 20231 COP = 0.0011 MYR
24 August 20231 COP = 0.0011 MYR
25 August 20231 COP = 0.0011 MYR
28 August 20231 COP = 0.0011 MYR
29 August 20231 COP = 0.0011 MYR
30 August 20231 COP = 0.0011 MYR
31 August 20231 COP = 0.0011 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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high 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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.