Historic Indonesian Rupiah Malaysian ringgit

Indonesian Rupiah malaysian ringgit history for February 2024. The highest quote for this month is 0.000306 (15/02/2024) and the lowest 0.000311 (13/02/2024). The difference between high and low is -1.63.

IDR MYR average rate for February 2024 is 0.0003, the change between 01/02/2024 and 29/02/2024 is -1 %.

01 February 20241 IDR = 0.0003 MYR
02 February 20241 IDR = 0.0003 MYR
03 February 20241 IDR = 0.0003 MYR
04 February 20241 IDR = 0.0003 MYR
05 February 20241 IDR = 0.0003 MYR
06 February 20241 IDR = 0.0003 MYR
07 February 20241 IDR = 0.0003 MYR
08 February 20241 IDR = 0.0003 MYR
09 February 20241 IDR = 0.0003 MYR
10 February 20241 IDR = 0.0003 MYR
12 February 20241 IDR = 0.0003 MYR
13 February 20241 IDR = 0.0003 MYR
14 February 20241 IDR = 0.0003 MYR
15 February 20241 IDR = 0.0003 MYR
16 February 20241 IDR = 0.0003 MYR
17 February 20241 IDR = 0.0003 MYR
18 February 20241 IDR = 0.0003 MYR
19 February 20241 IDR = 0.0003 MYR
20 February 20241 IDR = 0.0003 MYR
21 February 20241 IDR = 0.0003 MYR
22 February 20241 IDR = 0.0003 MYR
23 February 20241 IDR = 0.0003 MYR
24 February 20241 IDR = 0.0003 MYR
25 February 20241 IDR = 0.0003 MYR
26 February 20241 IDR = 0.0003 MYR
27 February 20241 IDR = 0.0003 MYR
28 February 20241 IDR = 0.0003 MYR
29 February 20241 IDR = 0.0003 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.

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

12/08/2015: Ringgit Depreciation

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

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

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.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

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.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

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.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.
IDR MYR January 2024
IDR MYR February 2024
IDR MYR March 2024
IDR MYR April 2024
IDR MYR May 2024
IDR MYR June 2024
IDR MYR July 2024
IDR MYR August 2024
IDR MYR September 2024
IDR MYR October 2024
IDR MYR November 2024
IDR MYR December 2024
IDR MYR January 2025