Historic Costa Rican colón Malaysian ringgit

Costa Rican colón malaysian ringgit history for February 2024. The highest quote for this month is 0.00959 (21/02/2024) and the lowest 0.009572 (21/02/2024). The difference between high and low is 0.19.

CRC MYR average rate for February 2024 is 0.00943, the change between 01/02/2024 and 29/02/2024 is -0.59 %.

01 February 20241 CRC = 0.0095 MYR
02 February 20241 CRC = 0.0095 MYR
03 February 20241 CRC = 0.0092 MYR
04 February 20241 CRC = 0.0092 MYR
05 February 20241 CRC = 0.0093 MYR
06 February 20241 CRC = 0.0094 MYR
07 February 20241 CRC = 0.0094 MYR
08 February 20241 CRC = 0.0094 MYR
09 February 20241 CRC = 0.0095 MYR
12 February 20241 CRC = 0.0095 MYR
13 February 20241 CRC = 0.0095 MYR
14 February 20241 CRC = 0.0095 MYR
15 February 20241 CRC = 0.0095 MYR
16 February 20241 CRC = 0.0095 MYR
17 February 20241 CRC = 0.0093 MYR
18 February 20241 CRC = 0.0093 MYR
19 February 20241 CRC = 0.0095 MYR
20 February 20241 CRC = 0.0095 MYR
21 February 20241 CRC = 0.0096 MYR
22 February 20241 CRC = 0.0096 MYR
23 February 20241 CRC = 0.0095 MYR
24 February 20241 CRC = 0.0093 MYR
25 February 20241 CRC = 0.0093 MYR
26 February 20241 CRC = 0.0095 MYR
27 February 20241 CRC = 0.0095 MYR
28 February 20241 CRC = 0.0095 MYR
29 February 20241 CRC = 0.0095 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.

12/08/2015: Ringgit Depreciation

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

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

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.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.
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