Historic Malaysian ringgit Angolan kwanza

Malaysian ringgit angolan kwanza history for November 2023. The highest quote for this month is 177.64 (30/11/2023) and the lowest 178.75 (06/11/2023). The difference between high and low is -0.62.

MYR AOA average rate for November 2023 is 176.93632, the change between 01/11/2023 and 30/11/2023 is -1.28 %.

06 November 20231 MYR = 175.0 AOA
07 November 20231 MYR = 178.5 AOA
08 November 20231 MYR = 178.5 AOA
09 November 20231 MYR = 176.7 AOA
10 November 20231 MYR = 176.4 AOA
13 November 20231 MYR = 176.4 AOA
14 November 20231 MYR = 175.8 AOA
15 November 20231 MYR = 175.3 AOA
16 November 20231 MYR = 177.2 AOA
17 November 20231 MYR = 177.2 AOA
20 November 20231 MYR = 177.2 AOA
21 November 20231 MYR = 177.5 AOA
22 November 20231 MYR = 178.0 AOA
23 November 20231 MYR = 177.0 AOA
24 November 20231 MYR = 177.0 AOA
27 November 20231 MYR = 176.8 AOA
28 November 20231 MYR = 176.8 AOA
29 November 20231 MYR = 177.2 AOA
30 November 20231 MYR = 177.2 AOA

01/01/2022: Currency Floatation

Angola transitioned from a fixed exchange rate to a floating exchange rate system, allowing the Kwanza's value to be determined by the market forces of supply and demand.

30/10/2020: Kwanza Devaluation

In response to economic challenges, Angola devalued the Kwanza by approximately 24%, increasing the exchange rate from 165 to 195 Kwanzas per US dollar.

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.

15/04/2013: Currency Redesign

Angola launched a new series of banknotes, featuring improved security features and new designs to reflect national landmarks and culture.

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.

08/11/1999: Return to Kwanza

Angola reintroduced the Kwanza as the official currency, replacing the Kwanza Reajustado, at a rate of 1,000 Kwanza Reajustado to 1 Kwanza.

18/02/1999: Introduction of Kwanza Reajustado

Kwanza Reajustado was introduced as a temporary currency, with 1 Kwanza Reajustado equal to 1,000 regular Kwanzas.

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.

31/03/1990: Kwanza Revaluation

In an attempt to combat hyperinflation, the government redenominated the currency, with 1 new Kwanza equal to 1,000 old Kwanzas.

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.

08/01/1977: Introduction of the Kwanza

Angola introduced the first Kwanza currency, replacing the Portuguese Escudo, with 1 Kwanza equal to 1 Escudo.

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.