Historic Japanese Yen Malaysian ringgit

Japanese Yen malaysian ringgit history for February 2024. The highest quote for this month is 0.03216 (07/02/2024) and the lowest 0.032394 (01/02/2024). The difference between high and low is -0.73.

JPY MYR average rate for February 2024 is 0.03186, the change between 01/02/2024 and 29/02/2024 is +1.61 %.

01 February 20241 JPY = 0.0322 MYR
02 February 20241 JPY = 0.0323 MYR
04 February 20241 JPY = 0.0318 MYR
05 February 20241 JPY = 0.0318 MYR
06 February 20241 JPY = 0.0319 MYR
07 February 20241 JPY = 0.0322 MYR
08 February 20241 JPY = 0.0321 MYR
09 February 20241 JPY = 0.0319 MYR
12 February 20241 JPY = 0.0319 MYR
13 February 20241 JPY = 0.0319 MYR
14 February 20241 JPY = 0.0316 MYR
15 February 20241 JPY = 0.0318 MYR
16 February 20241 JPY = 0.0319 MYR
17 February 20241 JPY = 0.0318 MYR
18 February 20241 JPY = 0.0318 MYR
19 February 20241 JPY = 0.0318 MYR
20 February 20241 JPY = 0.0318 MYR
21 February 20241 JPY = 0.0320 MYR
22 February 20241 JPY = 0.0319 MYR
23 February 20241 JPY = 0.0317 MYR
24 February 20241 JPY = 0.0317 MYR
25 February 20241 JPY = 0.0317 MYR
26 February 20241 JPY = 0.0317 MYR
27 February 20241 JPY = 0.0317 MYR
28 February 20241 JPY = 0.0316 MYR
29 February 20241 JPY = 0.0316 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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

12/08/2015: Ringgit Depreciation

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

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

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.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

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.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.
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