Historic Dominican Peso Malaysian ringgit

Dominican Peso malaysian ringgit history for February 2024. The highest quote for this month is 0.082425 (07/02/2024) and the lowest 0.087408 (07/02/2024). The difference between high and low is -6.05.

DOP MYR average rate for February 2024 is 0.08145, the change between 01/02/2024 and 29/02/2024 is -1.93 %.

01 February 20241 DOP = 0.0809 MYR
02 February 20241 DOP = 0.0811 MYR
03 February 20241 DOP = 0.0804 MYR
04 February 20241 DOP = 0.0804 MYR
05 February 20241 DOP = 0.0804 MYR
06 February 20241 DOP = 0.0816 MYR
07 February 20241 DOP = 0.0812 MYR
08 February 20241 DOP = 0.0812 MYR
09 February 20241 DOP = 0.0817 MYR
12 February 20241 DOP = 0.0823 MYR
13 February 20241 DOP = 0.0816 MYR
14 February 20241 DOP = 0.0819 MYR
15 February 20241 DOP = 0.0821 MYR
16 February 20241 DOP = 0.0818 MYR
17 February 20241 DOP = 0.0817 MYR
18 February 20241 DOP = 0.0817 MYR
19 February 20241 DOP = 0.0815 MYR
20 February 20241 DOP = 0.0816 MYR
21 February 20241 DOP = 0.0818 MYR
22 February 20241 DOP = 0.0820 MYR
23 February 20241 DOP = 0.0812 MYR
24 February 20241 DOP = 0.0814 MYR
25 February 20241 DOP = 0.0814 MYR
26 February 20241 DOP = 0.0813 MYR
27 February 20241 DOP = 0.0815 MYR
28 February 20241 DOP = 0.0811 MYR
29 February 20241 DOP = 0.0824 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.

01/10/2018: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

12/08/2015: Ringgit Depreciation

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

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

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.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary stability.

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.

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.

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.