Historic Iraqi dinar Malaysian ringgit

Iraqi dinar malaysian ringgit history for January 2024. The highest quote for this month is 0.003689 (24/01/2024) and the lowest 0.003691 (31/01/2024). The difference between high and low is -0.05.

IQD MYR average rate for January 2024 is 0.0036, the change between 01/01/2024 and 31/01/2024 is -1.03 %.

01 January 20241 IQD = 0.0036 MYR
02 January 20241 IQD = 0.0036 MYR
03 January 20241 IQD = 0.0035 MYR
04 January 20241 IQD = 0.0035 MYR
05 January 20241 IQD = 0.0035 MYR
06 January 20241 IQD = 0.0036 MYR
07 January 20241 IQD = 0.0035 MYR
08 January 20241 IQD = 0.0036 MYR
09 January 20241 IQD = 0.0036 MYR
10 January 20241 IQD = 0.0036 MYR
11 January 20241 IQD = 0.0035 MYR
12 January 20241 IQD = 0.0036 MYR
14 January 20241 IQD = 0.0035 MYR
15 January 20241 IQD = 0.0036 MYR
16 January 20241 IQD = 0.0036 MYR
17 January 20241 IQD = 0.0036 MYR
18 January 20241 IQD = 0.0036 MYR
19 January 20241 IQD = 0.0036 MYR
22 January 20241 IQD = 0.0037 MYR
23 January 20241 IQD = 0.0036 MYR
24 January 20241 IQD = 0.0036 MYR
25 January 20241 IQD = 0.0036 MYR
26 January 20241 IQD = 0.0036 MYR
28 January 20241 IQD = 0.0036 MYR
29 January 20241 IQD = 0.0037 MYR
30 January 20241 IQD = 0.0036 MYR
31 January 20241 IQD = 0.0036 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

12/08/2015: Ringgit Depreciation

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

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
IQD MYR August 2023
IQD MYR September 2023
IQD MYR October 2023
IQD MYR November 2023
IQD MYR December 2023
IQD MYR January 2024
IQD MYR February 2024
IQD MYR March 2024
IQD MYR April 2024
IQD MYR May 2024
IQD MYR June 2024
IQD MYR July 2024
IQD MYR August 2024