Historic Hungarian forint Malaysian ringgit

Hungarian forint malaysian ringgit history for December 2023. The highest quote for this month is 0.013502 (14/12/2023) and the lowest 0.013534 (15/12/2023). The difference between high and low is -0.24.

HUF MYR average rate for December 2023 is 0.01334, the change between 01/12/2023 and 31/12/2023 is +0.22 %.

01 December 20231 HUF = 0.0133 MYR
02 December 20231 HUF = 0.0134 MYR
03 December 20231 HUF = 0.0134 MYR
04 December 20231 HUF = 0.0134 MYR
05 December 20231 HUF = 0.0133 MYR
06 December 20231 HUF = 0.0133 MYR
07 December 20231 HUF = 0.0132 MYR
08 December 20231 HUF = 0.0132 MYR
10 December 20231 HUF = 0.0132 MYR
11 December 20231 HUF = 0.0132 MYR
12 December 20231 HUF = 0.0132 MYR
13 December 20231 HUF = 0.0132 MYR
14 December 20231 HUF = 0.0135 MYR
15 December 20231 HUF = 0.0135 MYR
16 December 20231 HUF = 0.0133 MYR
17 December 20231 HUF = 0.0133 MYR
18 December 20231 HUF = 0.0133 MYR
19 December 20231 HUF = 0.0133 MYR
20 December 20231 HUF = 0.0134 MYR
21 December 20231 HUF = 0.0133 MYR
22 December 20231 HUF = 0.0134 MYR
23 December 20231 HUF = 0.0134 MYR
24 December 20231 HUF = 0.0134 MYR
25 December 20231 HUF = 0.0135 MYR
26 December 20231 HUF = 0.0134 MYR
27 December 20231 HUF = 0.0134 MYR
28 December 20231 HUF = 0.0135 MYR
29 December 20231 HUF = 0.0133 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.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

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.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's 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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

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.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.